Royal Mail profit up to £404m

The Royal Mail increased its operating profit by £83 million in the last financial year to £404 million, a rise of 26%, despite facing a series of strikes by postal workers, the company announced today. More: continued here

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FAA proposes civil penalty against FedEx

US FAA proposed a $1.55 million civil penalty against FedEx “for allegedly failing to revise its Continuous Airworthiness Maintenance Program in accordance with FAA regulations,” the agency stated yesterday. More: continued here

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