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EU eyes $12b duty damages in row with US on Boeing

Bloomberg The European Union is considering hitting US goods ranging from handbags to helicopters with retaliatory tariffs to the tune of $11.5 billion in a dispute over subsidies to Boeing Co, according to a draft list seen by Bloomberg News. The plan follows a US threat to seek $11 billion in damages through duties on European goods ranging from helicopters ...

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JetBlue announces new route

Bloomberg JetBlue Airways Corp rallied after saying it would join the hyper-competitive market for business travellers flying between the US and Europe, using Airbus SE jets with an expanded version of its premium cabin. Starting in 2021, JetBlue will make multiple daily flights from its hubs at New York’s John F. Kennedy and Boston Logan to an unspecified airport in ...

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Kenya Airports body expects land at $9.9b on revaluation soon

Bloomberg Kenya Airports Authority (KAA) expects its land holdings to be worth more than 1 trillion shillings ($9.9 billion) after a revaluation is concluded in a month, CEO Jonny Andersen said. “Since we’ll have a different balance sheet, we can go to the banks and ask for completely different financing because we’ll have so much value,” Andersen said in an ...

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