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British Airways all set to double flights at Gatwick

  Bloomberg British Airways PLC plans to double its operations at Gatwick Airport, rather than expand at Heathrow Airport Ltd, the Sunday Telegraph reported. The flag carrier intends to potentially double the number of aircraft based at the Sussex airport, going to between 24 and 28 planes from 14 currently, the paper said. The move comes after Heathrow was forced ...

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IndiGo plans to wet lease Boeing wide-body jets to meet demand

  Bloomberg IndiGo is planning to fly another airline’s Boeing Co larger jets as it tries to plug capacity gaps amid a surge in travel demand. India’s biggest airline said in a statement on Monday that it is working on finalising a contract for inducting Boeing 777 aircraft on a so-called wet lease basis for the winter schedule. Wet leasing ...

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Australia retail sales fall for first time in 2022 as rates bite

  Bloomberg Australian retail sales declined for the first time this year in October, suggesting that households are finally beginning to feel the strain of faster inflation and rising interest rates. Sales dropped 0.2% from September, confounding economists’ estimates for a 0.5% gain, Australian Bureau of Statistics (ABS) data showed on Monday. No one predicted a decline, with Commonwealth Bank ...

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