By Jamie Freed DOHA (Reuters) -Qantas Airways and Airbus said on Sunday they would invest up to $200 million to accelerate the development of a sustainable aviation fuels (SAF) industry in Australia to help meet the airline’s goal of lowering carbon emissions. The agreement, announced on the sidelines of global airline industry body IATA’s annual…
DOHA (Reuters) – Qantas Airways is managing to cover the impact of higher oil prices on international tickets through increased fares but domestic capacity may need to be cut to absorb the fuel price impact, its chief executive said on Sunday. (Reporting by Jamie Freed, Editing by Louise Heavens)
(Reuters) – French IT company Atos has announced the departure of Chief Financial Officer Stéphane Lhopiteau days after a poorly received plan to split its operations and sell assets, set out last week along with the departure of CEO Rodolphe Belmer. Lhopiteau will leave in the second half of this year, Atos said on Sunday,…
TOWSON, Md. (AP) — The historic vote by employees of a Maryland Apple store to unionize — a first for the technology giant — is a significant step in a lengthy process that labor experts say is heavily stacked against workers in favor of their employers. Apple store employees in a Baltimore suburb voted to…
By Jamie Freed DOHA (Reuters) – Malaysia Airlines plans to announce a decision on replacing its fleet of 21 Airbus A330 widebodies with more fuel-efficient new-generation planes around mid- to late July, its chief executive said on Sunday. “We are in a late stage of the process. We are looking at one-to-one replacement on our…
SYDNEY (Reuters) -A fire that ripped through a New South Wales power station on the weekend will not affect electricity supply, the Australian Energy Market Operator (AEMO) said on Sunday, ruling out a worsening of the energy crisis gripping the country’s east. Supply has been stretched since mid-May in the heavily populated east, with about…
(Reuters) -A U.S. court has approved LATAM Airlines Group SA’s bankruptcy reorganization plan, the region’s largest air transport group said on Saturday. The U.S. bankruptcy court for the southern district of New York approved the plan for a restructuring under Chapter 11 of the U.S. bankruptcy code, the airline said, adding it hoped to emerge…
TOWSON, Md. (AP) — Apple store employees in a Baltimore suburb voted to unionize by a nearly 2-to-1 margin Saturday, a union said, joining a growing push across U.S. retail, service and tech industries to organize for greater workplace protections. The Apple retail workers in Towson, Maryland, voted 65-33 to seek entry into the International…
(Reuters) – A U.S. court has approved LATAM Airlines Group SA’s bankruptcy reorganization plan, the largest air transport group in Latin America said on Saturday. The U.S. Bankruptcy Court for the Southern District of New York approved the plan for a restructuring under Chapter 11 of the U.S. bankruptcy code, the airline said, adding it…
BEIJING (Reuters) – Total sales by China’s e-commerce giant JD.com rose 10.3% over the 18 days to Sunday during the first major shopping festival since a recent COVID-19 outbreak, the firm said, sharply down from the 2021 event’s growth of 27.7%. This year’s figure was the slowest for the retailer, showing how consumer appetite in…
