flights were canceled as around 1,000 pilots walked out at its main SAS Scandinavia arm, overshadowing a traffic surge during June. Reuters reported that collapsed talks between the airline and pilots over a new collective bargaining agreement prompted a strike. During June, more than 1.9 million passengers traveled with SAS, an increase of approximately 220% compared to the same month last year. picked Kristen Finney to lead content curation for its international division, pushing to make more regional content for streaming.
According to CNBC, pilots and their union have agreed to treble pay for pilots who were able to cancel thousands of flights in July due to a scheduling programme error over the Fourth of July weekend. Additionally, pilots will receive double pay during popular holiday times. The scheduling platform error, according to the Allied Pilots Association, forced pilots to cancel 12,000 flights from their plans. Do you need a safe stock to keep your $1,000 in? Now available is our Chief Market Strategist’s most recent recommendation! The possible ROI on this investment is 70% within two years. Now Click Here to View the Complete Trade Setup.
U.S. Transportation Department granted $968.6 million to 85 airport projects to fire up the country’s aging aviation infrastructure. Some projects will fund new terminals, boost gate capacity, add air traffic control towers, jet bridges, new bathrooms, baggage claim belts, and reconfigure security checkpoints. Congress approved the five-year $5 billion airport terminal grant program in November as part of the $1 trillion infrastructure law.
As EVP, Finney will work on building a team to track and evaluate “content needs and appropriateness for Disney+ and Star/Star+.” Finney will oversee content strategy in the regions for Disney+ and adult-skewing vertical Star, along with linear channels, acting as a centralized hub for international content acquisition information, cross-regional licensing opportunities, content slates, and pipelines, US Commits $969M Towards Airport Infrastructure Turnaround
Wall Street Journal reported that governments, drugmakers, and vaccination sites are discarding several unused COVID-19 vaccine doses amid declining demand. Packaging in multiuse vials containing from five to 20 doses has also been partly responsible for the wastage. The vials generally must be used within about 12 hours of opening or the remaining doses discarded. Blackstone Makes $400M Investment In Environmental Commodities Exchange Xpansiv commits to invest $400 million in Xpansiv Limited, the market-infrastructure platform for global carbon and environmental commodities.
And an agreement on a purchase is expected in the next few weeks, Wall Street Journal reported citing people familiar with the matter. The potential deal could be worth roughly $40 billion or more. The report added that the companies are discussing a price for Seagen above $200 a share. Drugmakers, Health Authorities Discarding Several Million COVID-19 Vaccine Doses
Xpansiv helps investors to trade in sustainable assets, including carbon offsets and renewable-energy credits, WSJ reported. It also lets investors swap offsets linked to green projects such as preserving trees, credits companies receive for buying clean power, and oil and gas contracts accounting for the carbon footprint.