Bloomberg Europe’s push to wean itself off Russian natural gas is sparking billions of dollars in new commitments toward building a market for low-carbon hydrogen. A nearly 450% jump in European gas prices the past year made the green fuel of the future cost-competitive about a decade ahead of schedule, according to BloombergNEF. Now, investment funds are joining governments and …

  Bloomberg Spirit Airlines Inc will hold talks with JetBlue Airways Corp over its $3.6 billion cash takeover bid that’s threatening to disrupt a pending combination between Spirit and rival deep discounter Frontier Group Holdings Inc. JetBlue’s offer could lead to a superior proposal, Spirit said in a statement after assessing the bid with financial and legal advisers. JetBlue’s unsolicited …

Bloomberg Deutsche Lufthansa AG has about 10 billion euros ($11 billion) more debt because of the coronavirus pandemic, according to CEO Carsten Spohr. “That’s the price tag,” Spohr said in an interview with newspaper Schweiz am Wochenende. “It was expensive.” The German carrier hopes that its Swiss airline will pay back its pandemic-related government-backed loans by the end of the …