The shareholders of the setback-plagued Boeing on Friday agreed to a remuneration package of almost 33 million dollars (29.4 million euros) for CEO David Calhoun. The amount of the amount, the highest annual remuneration ever for a top executive of the American aircraft manufacturer, is controversial as Boeing has to contend with a long list of technical problems. During the … [Read more...] about Shareholders beleaguered Boeing give green light to top remuneration of departing CEO
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EasyJet CEO will call it quits next year
Johan Lundgren will step down as CEO of EasyJet in early 2025. He has been in that position since the end of 2017. The airline announced this on Thursday. Lundgren doesn't seem intent on taking on a new position. He will officially retire on 1 January 2025 and will remain employed until May of that year to ensure a smooth transfer of his work. Lundgren will be succeeded as CEO … [Read more...] about EasyJet CEO will call it quits next year
Employees in the travel sector are improving considerably; ‘By far best collective labor agreement result ever’
Employees in the travel industry will receive an additional 300 euros in salary per month for the next two years. Employers and trade unions have agreed on this in the new collective labor agreement. Frank Radstake of the ANVR confirms the agreements made to TravMagazine when asked. The new collective labor agreement will take effect on July 1 and will run for two years. For … [Read more...] about Employees in the travel sector are improving considerably; ‘By far best collective labor agreement result ever’
Corendon: also single tickets on own scheduled service to Bonaire
Corendon will also offer individual tickets on its own flights to Bonaire next winter, so without accommodation. Corendon announced this on Wednesday evening. As TravMagazine reported on May 9, Corendon flies Dutch Airlines from November 3 this year to Bonaire. This follows the success of flights to Curaçao and the growing demand for holidays on Bonaire. Corendon flies twice a … [Read more...] about Corendon: also single tickets on own scheduled service to Bonaire
Record revenue for TUI Group in second quarter; ‘Travel remains very popular’
TUI Group has achieved record sales in the second quarter of the 2024 financial year. Turnover rose by almost 16 percent to 3.65 billion euros. Last year, this was 3.2 billion euros. TUI Group announced the figures on Wednesday. The operating result (EBIT, earnings before interest and taxes, ed.) even improved by more than 22 percent to a deficit of 188.7 million euros. This is … [Read more...] about Record revenue for TUI Group in second quarter; ‘Travel remains very popular’