CDM

US banks finally see upturn in credit-card borrowing

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 …

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Pilot strike grounds more SAS flights as first Chapter 11 court date nears

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 …

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SAS scrambles to bring tourists home as strikes hit more flights

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 …

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Brazil’s Embraer gets new orders from Porter Airlines, Alaska; shares laughed

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 …

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SAS pilot strike grounds flights, exacerbating airline’s troubles

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 …

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