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SAS negotiates with pilot union amid crippling strikes

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Scandinavian airline, SAS will resume talks with the pilot’s union following two weeks of strikes

Following two weeks of strikes, SAS is set to continue negotiations with the pilot’s union, after failing to reach new agreements over the weekend.

Pilots in Sweden, Denmark and Norway walked out earlier this month after talks about the airline’s rescue plan, fell apart.

The airline had been struggling to compete with low-cost competition along with the pandemic’s heavy impact on the aviation industry. Now a new challenge has been posed with travel being opened up again, yet not enough staff to manage the airports or aircrafts.

The company has its eyes set on new investors, saying that it must slash costs to achieve success.

It’s understood over 270 thousand passengers have been affected by the cancelled flights, resulting in up to $123 million in losses.

It comes as Sweden’s Government says it won’t provide any more cash to the airline.

Costa is a news producer at ticker NEWS. He has previously worked as a regional journalist at the Southern Highlands Express newspaper. He also has several years' experience in the fire and emergency services sector, where he has worked with researchers, policymakers and local communities. He has also worked at the Seven Network during their Olympic Games coverage and in the ABC Melbourne newsroom. He also holds a Bachelor of Arts (Professional), with expertise in journalism, politics and international relations. His other interests include colonial legacies in the Pacific, counter-terrorism, aviation and travel.

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Toyota announce Koji Sato as new CEO

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He’s the grandson of the founder, and a true titan of the industry.

 
But the question of who should replace Akio Toyoda at the top of Toyota had become a growing concern.

Now we have the answer.

The auto giant has announce its veteran boss would step down as chief executive, and become chairman.

Toyoda said he would be succeeded by chief branding officer Koji Sato from the start of April.

Sato says he loves making cars, and hopes to propel the company further down the Electric Vehicle path over the coming years. #Toyota

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Taylor Swift ticketing fiasco enters the U.S. Senate

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Live Nation is in the firing line over its inability to stop scalper bots from purchasing Taylor Swift tickets

U.S. Senators have grilled the boss of Live Nation over the lack of transparency relating to concert tickets for Taylor Swift’s upcoming tour.

The entertainment company, which owns Ticketmaster is under fire after bots purchased tickets for Swift’s ‘Era Tour’ last year, in an attempt to resell them for a higher price.

Joe Berchtold is the chief financial officer of Live Nation, who apologised to the U.S. Senate Judiciary Committee hearing.

“We apologise to the fans, we apologise to Ms. Swift, we need to do better and we will do better.”

Senators criticised Live Nation’s fee structure and inability to deal with bots, which bulk buy tickets and resell them at inflated prices.

“There isn’t transparency when no one knows who sets the fees,” Democratic Senator Amy Klobuchar said.

Meanwhile, Republican Senator Marsha Blackburn called Live Nation’s bot problem “unbelievable”.

Ticketmaster reportedly occupies more than 70 per cent market share of primary ticket services for major U.S. concert venues.

“You ought to be able to get some good advice from people and figure it out,” Ms Blackburn said.

Ticketmaster cancelled sales of Swift’s tour to the public because of the “high demand”.

The entertainment giant reportedly sold over 2 million tickets, which is enough to fill 900 stadiums.

Taylor Swift said the situation was difficult, and called for accountability for music promoters.

“It’s really difficult for me to trust an outside entity with these relationships and loyalties, and excruciating for me to just watch mistakes happen with no recourse.

“I’m not going to make excuses for anyone because we asked them, multiple times, if they could handle this kind of demand and we were assured they could,” she said.

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Amazon is taking on traditional pharmacies

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Amazon subscription service will give millions of Americans access to medications

 
How would you like to ditch going to the pharmacy?

Amazon has revealed a $5 monthly subscription plan for U.S. Prime members, allowing people to have generic drugs delivered right to their doors.

The program includes 50 medications which are used to treat 80 conditions.

Unfortunately individuals enrolled in Medicare or any other government healthcare programs will not be able to use the service.

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