Hints and tips:
...And I know of airline bosses who constantly fear “that call”. But otherwise, give me a V-sweet C-suite job any time. As if anyone would....
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...American Airlines, the US’s largest carrier, last week signalled an end to pandemic losses and a return to profitability in the second quarter as passenger demand surged....
...Airlines including United Airlines and Virgin Atlantic are hoping to use them to ferry business and first-class passengers rapidly to airports to board long-haul flights....
...The aircraft, which American Airlines, Virgin Atlantic and others have also bought, are still some years away from commercial flights....
...American Airlines expects air travel to rebound strongly over the summer, as a ramp up in vaccinations and easing coronavirus restrictions have spurred demand....
...During the second world war, both the Americans and Germans worked at flying-wing bombers, without fully succeeding....
...“We wanted a package directed towards Americans and funnelled through airlines,” said Sarah Nelson the president of the Association of Flight Attendants....
...Robert Zoellick, the former World Bank president, argued that there would be “fumbling fragmentation”; Mike Wilson, Morgan Stanley’s chief investment officer, said “a V-shaped recovery is on track”; and...
...To understand this, consider airlines. This spring, US carriers received fiscal support and pledged in exchange to not cut staff until October 1....
...Companies particularly badly hit by the pandemic, including airlines such as American and Lufthansa and cruise ship operator Carnival, hope to take advantage of the markets’ mojo to raise billions of dollars...
...Dear readers, Will the recovery be shaped like a V, a U, or Nike’s “swoosh” symbol? There is much discussion on this quasi-theological question....
...Following market panic on Monday, the US administration is pondering how to best protect industries at risk of serious financial damage, including airlines, hotels and oil companies, to name a few....
...Separately, American Airlines secured a $1.2bn loan but had to pledge its brand as well as take-off and landing rights in New York and Washington....
...The failed mission also complicates Nasa’s efforts to have US astronauts fly on US rockets on American soil....
...Conditions attached to bailouts of the most polluting industries, from steel to airlines, can make this happen quicker....
...“What you’re seeing is an expectation of a V-shaped recovery and that may prove to be too optimistic,” said one equity analyst....
...HSBC has some discussion about V and W shaped recoveries; its own model resembling “the Nike swoosh” is made by combining a proper V in mainland China forms and more of an L among Western European and American...
...The US bailout law passed last month throws a lifeline to those Americans forced to skip their mortgage payments....
...The Big Three are on course to control 40 per cent of the votes in American corporations in a couple of decades....
...(FT) EU v Silicon Valley New data-sharing principles laid out by the EU this week seek to crack open the data silos that have helped to reinforce the power of the dominant tech companies....
...If there’s a V-shaped recovery on the horizon “the market probably buys the EPS downgrade, assuming that the disruption is eventually contained.”...
...Happy International Workers’ Day to everyone except Americans, whose Labor Day is in September for some reason, and the British, who’ll instead get some muddily defined bank holiday next Monday Friday....
...WPP will also reduce is planned capex from £400m to v£300m....
...It gives you a good idea of dreams v reality ratio.” I pause here to reread that last line: “It gives you a good idea of dreams v reality ratio.”...
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