NEW YORK, June 10 (Reuters) – Big US banks including JPMorgan Chase & Co (JPM.N) and Citigroup (CN) appear set for some earnings boost from a pick-up in the battered credit-card business, but a possible recession would pull consumers back and bring losses on outstanding loans. Last week, JPMorgan Chairman and CEO Jamie Dimon warned …
US banks finally see upturn in credit-card borrowing Read More »
SAS airplanes are parked at the Oslo Airport Gardermoen, as Scandinavian airlines (SAS) pilots go on strike, Norway July 4, 2022. Beate Oma Dahle/NTB via REUTERS Register now for FREE unlimited access to Reuters.com Register Data shows 63% of SAS flights canceled on Wednesday Pilot strike grounding flights as SAS files for Chapter 11 US …
Pilot strike grounds more SAS flights as first Chapter 11 court date nears Read More »
SAS airplanes are parked at the Oslo Airport Gardermoen, as Scandinavian airlines (SAS) pilots go on strike, Norway July 4, 2022. Beate Oma Dahle/NTB via REUTERS Register now for FREE unlimited access to Reuters.com Register SAS cancels more than two thirds of flights on Friday Strike leaves much of the SAS fleet grounded Airline has …
SAS scrambles to bring tourists home as strikes hit more flights Read More »
SAO PAULO, July 19 (Reuters) – Brazilian planemaker Embraer SA (EMBR3.SA) on Tuesday announced new aircraft orders from Porter Airlines and Alaska Air Group Inc (ALK.N), sending its shares higher, as it reaped an upsurge linked to the Farnborough Airshow in Britain. Embraer said Canada-based Porter Airlines has ordered an additional 20 E195-E2 aircraft to …
Brazil’s Embraer gets new orders from Porter Airlines, Alaska; shares laughed Read More »
Pilot strike cost SAS $ 145 million, grounded 3,700 flights Deal with unions last for 5-1 / 2 years Pilots agree to 25% wage cut Deal allows SAS to finalise bankruptcy protection process SAS shares up 4% COPENHAGEN / STOCKHOLM, July 19 (Reuters) – SAS (SAS.ST) and pilot unions have reached a wage deal, the …
SAS lands deal with pilots’ unions, ending 15-day strike Read More »
View of SAS Airbus A321 and A320neo aircraft at Kastrup Airport parked on the tarmac, after pilots of Scandinavian Airlines went on strike, in Kastrup, Denmark July 4, 2022. TT News Agency / Johan Nilsson via REUTERS Register now for FREE unlimited access to Reuters.com Register Pilot strike grounding hundreds of flights SAS to begin …
SAS pilot strike grounds flights, exacerbating airline’s troubles Read More »
STOCKHOLM / COPENHAGEN / OSLO, July 18 (Reuters) – SAS (SAS.ST) and pilots unions reached a wage deal on Monday, ending a strike over a new collective bargaining agreement that has grounded hundreds of flights and thrown the airline’s future into doubt . A majority of SAS pilots in Sweden, Denmark and Norway walked out …
