Bloomberg Siemens Gamesa Renewable Energy agreed to sell its European onshore wind portfolio to Scottish utility SSE for $630 million. It’s the first major divestment for CEO Jochen Eickholt after he was promoted last month to try to turn the turbine maker around as project delays and cost overruns led to profit warnings. The industry is grappling with soaring commodity …

  Bloomberg Cathay Pacific Airways Ltd will alter monthly allowances and other perks for pilots as it tries to stem a wave of resignations among crew frustrated by the impact of Hong Kong’s Covid-19 policies on their lives. The changes depend on pilot ranking and come on top of base salaries and hourly flying rates. From next year, the most …

  Bloomberg Virgin Australia opened three small invitation-only airport lounges in Sydney, Melbourne and Brisbane, renewing its push under new owner Bain Capital into a business-travel market dominated by Qantas Airways Ltd. The lounges are accessed through unmarked doors and have a boardroom for guests and freebies such as meals and refreshments. Together, they seat fewer than 250 people, the …