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Longview gets turboprop crown in Bombardier deal

Bloomberg A little-known company on Canada’s west coast will become king of the turboprops and owner of some of the most storied brands in the country’s aviation history after striking a deal with Bombardier Inc. Closely held Longview Aviation Capital Corp. is poised to become North America’s largest maker of turboprop aircraft with its $300 million purchase of Bombardier’s Dash ...

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Lion Air plane rips wing in another incident post crash

Bloomberg Days after Lion Air lost a plane in Indonesia’s worst air disaster in two decades, the carrier has found itself in the midst of another incident. A Boeing 737-900ER operated by PT Lion Mentari Airlines clipped a pole while taxiing at Bengkulu airport in southern Sumatra, shearing the tip of its left wing, the carrier said in a statement. ...

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Marks & Spencer may close more stores: CEO

Bloomberg Marks & Spencer Group Plc said it may step up store closings as the troubled UK retailer reported another decline in sales. After announcing plans in May to shut about 100 of its large stores selling food and clothing, Chief Executive Officer Steve Rowe said that the number is only a “first stage” in the company’s turnaround plan. “It’s ...

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