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First-quarter operating profit sharply misses analysts’ expectations after payouts related to driver lawsuits
Shares in JAL and ANA have barely budged in the past year
...Some 4.7bn people are expected to take to the skies in 2024, according to the International Air Transport Association. That is 200mn more than the pre-pandemic high set in 2019....
...Singapore’s transport minister was charged with corruption on Thursday, in a rare graft accusation in the island nation that prides itself as a clean place to do business....
...Hundreds of black-cab drivers have signed up to drive for Uber since November, when it launched its latest effort to add traditional London taxis to its transport app....
Carriers have come to rely on check-in charges as a source of revenue but face new disclosure rules
...Big share price moves in Europe today include Italian transport manufacturer Iveco Group, Swedish medical tech company Getinge, and British real estate portal Rightmove: Iveco Group: Shares in the Italian...
Carrier says production problems have held up negotiations as it announces deal with Airbus
...European commercial real estate deal making fell to a 13-year low at the start of 2024, as fading hopes of imminent interest rate cuts prolonged the slump in property markets....
...Industry-wide ASK has shrunk 5.6 per cent over the same period as many carriers retrenched during the pandemic, according to the International Air Transport Association....
...“Any weakening of our track access rights would be a real problem in terms of leveraging private-sector investment,” Shoveller said....
...Berkshire Hathaway’s HomeServices of America, the largest US residential real estate brokerage, has joined rivals and agreed to settle lawsuits that challenged long-standing fee arrangements in the industry...
...But the cost of EVs, not insufficient charging infrastructure, is the real barrier to adoption....
...The “week of action” that began on Monday has blocked traffic on several of Germany’s main transport arteries....
Approach for Aloha state carrier seems timed to gain from a rally in the currency but there are factors working against that too
...And the real issue was that most of these matters actually were unique to us, unlike Covid that affected the entire industry,” reflects the chief executive....
...The real fancy footwork was always going on behind the scenes. Johnson & Johnson had received scorn for executing the so-called Texas Two-Step bankruptcy strategy....
...It has invested in weather forecasting to better predict where the most intense rainfall will hit and installed sensors to generate real-time information on the state of the track....
A tie-up with Frontier might be the cleanest way forward
Dara Khosrowshahi became entitled to award after meeting targets set before ride-hailing group’s IPO
...Hong Kong’s slick MTR can buy land development rights along routes and pocket revenue from real estate, which supports its train operations. Replicating different models is difficult....
Collapse in would-be buyer’s share price suggests the market thinks this deal will stay grounded
Teaching case study: IP rebranding and the role of the digital ecosystem in adding brand value
...“It’s great to hear the ambition, but there was still no real hard cash in the budget for the reservoirs, so you’re left asking ‘where’s the money?’...
...Along with falling sales at Tesla and BYD, the world’s two biggest sellers of battery-powered vehicles, it is a sign of trouble for the crucial shift towards green transport in the 21st century....
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