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China mulls tax cut for parts to aid home-built aircraft

Bloomberg China is discussing a plan to cut tariffs on plane parts imported for domestically developed commercial aircraft, a person familiar with the matter said, a move that may also benefit suppliers such as General Electric Co. and Honeywell International Inc. The Finance Ministry proposal, being reviewed by the State Council, could win approvals in a few weeks, the person ...

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J Crew, Lululemon find e-comm surge stresses websites

Bloomberg Black Friday is now possible from the comforts of your living room — but only if retailers’ websites are functioning properly. Some frustrated shoppers are finding that’s not the case. In a year when digital sales are soaring, several big-name chains have reported issues with their online shopping systems. J Crew reported on Twitter that it was experiencing “some ...

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Almada PE fund sees value in used Boeing 737 planes

Bloomberg Canada’s newest player in the aircraft leasing business is ready to flex its muscles. Almada Inc., a Toronto-based private equity firm, is looking to buy as many as 10 additional aircraft for its new leasing fund after acquiring its first five planes. Having raised $80 million ($61 million) from wealthy individuals earlier this month, it has commitments for another ...

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