Bloomberg Europe’s biggest airline is resurrecting a dinosaur of the skies to tackle a dearth of premium seats on lucrative intercontinental routes. Deutsche Lufthansa AG will return five aging Airbus SE A340 jets in order to boost the availability of first-class seats as travel demand continues to rebound from the coronavirus crisis. The widebodies will be brought out of storage …

  Bloomberg Southwest Airlines Co will update its earnings guidance prior to reporting fourth-quarter results to reflect costs associated with an operations meltdown that forced it to cancel 15,700 flights over eight days. “We will be issuing some information before earnings,” Chief Executive Officer Bob Jordan said in an interview without providing specifics of the changes. “Obviously it’s a significant …

Bloomberg British shoppers defied rampant inflation and economic gloom over the holiday season, driving up sales at clothing seller Next Plc and budget retailer B&M European Value Retail SA. Whether that spending will carry into the new year, however, remains in doubt. Next raised its annual profit forecast after Christmas sales gained, helped by a December cold snap that brought …