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Gulfstream to boost output of G550 jet

Bloomberg Gulfstream will increase output of the G550 business jet next year as fliers continue to covet one of the oldest models in the company’s lineup. The G550 was the General Dynamics Corp. unit’s longest-range plane until the G650 went on sale about six years ago. Since then, Gulfstream had steadily reduced production of the older jet. “The plane continues ...

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Jet Airways seeks loan moratorium

Bloomberg Jet Airways India Ltd. has approached banks for a moratorium on loans and asked for fresh funds to ease a cash cru-nch, according to people with direct knowledge of the matter, adding to signs the carrier is sliding deeper into trouble. The airline has already gro-unded about a dozen planes as part of a review of its network aimed ...

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Lululemon founder mulls rejoining board

Bloomberg If you want to score a meeting with Chip Wilson, you better be prepared to sweat. The founder of Lululemon Athletica Inc likes to start his days hiking a 2.9 kilometer (1.8 mile) trail up the face of Vancouver’s Grouse Mountain. It’s his preferred way to conduct meetings and he’s sometimes accompanied by as many as 20 people seeking ...

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