Flights cancelled as German airport workers strike
As noted last week, German airports are facing chaos today as Ver.di union members down ...
ZIM: TAKING PROFITXPO: CPI BOOSTMAERSK: WINNERCHRW: TOP 'QUANT' PICKGXO: KEY EXEC OUTAAPL: 'MUSK RISK'EXPD: SELL-SIDE BEAR UPS TARGETUPS: SLIDINGZIM: SURGING ON TAKEOVER TALKEXPD: CASHING INCHRW: INSIDER SALEFWRD: TRADING UPDATE
ZIM: TAKING PROFITXPO: CPI BOOSTMAERSK: WINNERCHRW: TOP 'QUANT' PICKGXO: KEY EXEC OUTAAPL: 'MUSK RISK'EXPD: SELL-SIDE BEAR UPS TARGETUPS: SLIDINGZIM: SURGING ON TAKEOVER TALKEXPD: CASHING INCHRW: INSIDER SALEFWRD: TRADING UPDATE
It’s very turbulent over at Pakistan International Airlines (PIA). Staff have been protesting at plans to privatise the carrier and, according to various media reports, at least two people were shot dead during this week’s violence with security staff. Workers have been on strike for the past week. IMF conditions for a $6.6bn loan to the country mean a 26% share sale must go ahead. Interestingly, according to this article, PIA is the least-productive airline in the world, calculated on the basis of what each staff member (of which there are 15,000) earns for the airline.
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