Tata Sons has named Campbell Wilson the Chief Executive Officer (CEO) and Managing Director (MD) of Air India. Wilson is the CEO of Singapore Airlines’ subsidiary, low-cost carrier Scoot. The Air India board has approved the appointment subject to requisite regulatory approvals, finally ending the search for a CEO after IIker Ayci, the former chairman…
Tag: Airlines
US pilot shortage forces airlines to cut flights, scramble for solutions
Airline pilots walk through the Ronald Reagan Washington National Airport on December 27, 2021 in Arlington, Virginia. Anna Moneymaker | Getty Images The United States is facing its worst pilot shortage in recent memory, forcing airlines to cut flights just as travelers are returning after more than two years of the Covid-19 pandemic. The crisis…
Why is summer travel expensive in 2022?
It’s going to be a pricy summer for American travelers as increased demand and rising prices have driven up costs for travel and summer activities. Driving the news: “Definitely every single category is more expensive now than it was this time last year,” Sally French, a travel rewards expert at NerdWallet, told The Washington Post….
Emirates Airline, stung by soaring fuel prices, posts $1.1 billion dollar loss
Aircraft operated by Emirates, at Dubai International Airport in the United Arab Emirates. Christopher Pike | Bloomberg | Getty Images Dubai’s Emirates Airline narrowed its losses to $1.1 billion in the year to March, even as soaring jet fuel costs threaten to overshadow a recovery in travel demand. The world’s largest long haul carrier said…
American household debt continues to march higher, driven by one major factor and should you tell your coworkers your salary — or keep it a secret?
Hi, MarketWatchers. Don’t miss these top stories. The 10 most popular cities that Americans moved to last year — and four are in this one state Here’s a hint: No New York or California cities made the Penske list of ’10 Moving Destinations for 2021,’ but plenty of Southern cities did. Read More ‘Open discussion…
6 questions to ask your financial adviser right now as stocks continue to tumble and viral baby-formula thread shows why moms can’t just breastfeed their way out of a shortage
Hi, MarketWatchers. Don’t miss these top stories. Alexander Skarsgard Selling His Place in NYC for $2.6M “The Northman” star Alexander Skarsgard is placing his East Village apartment on the market for $2.6 million, according to Architectural Digest. Read More Could we ever really get a 4-day work week in the US? Almost 80% of employees…