Fear of economic blow as births drop globally
NEW YORK (AP) — Nancy Strumwasser, a high school teacher from Mountain Lakes, New Jersey, always thought she'd have two children. But the layoffs that swept over the U.S. economy around the time her son was born six years ago helped change her mind. Though she and her husband, a market researcher, managed to keep their jobs,...
Singapore Airlines profit down 60%
(8 May) Singapore Airlines Ltd. Thursday said its fiscal fourth-quarter net profit fell 60% as the flag carrier continued to battle stiff competition that is forcing it to discount fares. Net profit in the three months ended March 31 fell to 27 million Singapore dollars (US$21.6 million), compared with S$68.3 million a year...
PRC pilots demand same pay as foreign pilots
Headquartered in Beijing, Air China operates more than a thousand flights on peak travel days. (6 May) Given the country's aviation boom and pilot shortage, you might think this would be a good time to be a pilot in China. According to an open letter from pilots making the rounds on Chinese media, however, major issues within...
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