Bloomberg EasyJet Plc Chief Executive Officer Johan Lundgren laid out plans to serve 13 percent more passengers, widen links with other airlines and help pioneer testing of a hybrid-power plane in his first year of leading the discount carrier. Lundgren, who succeeded Carolyn McCall as CEO on December 1, 2017, said EasyJet will carry about 90 million travellers in 2018, …

Bloomberg Shares of Steinhoff International Holdings NV rose after the South African retail giant said it will restate financial results going back as far as 2015 amid a probe into accounting irregularities. The stock jumped 27 percent to 5.90 rand by 9:56 am in Johannesburg, the most on an intraday basis since December 12, 2017. Shares in Steinhoff, whose retail …

Bloomberg US airlines are wagering that American tourists will keep flocking to Cancun despite rising violence in Mexico and a warning from the State Department. Southwest Airlines Co., Spirit Airlines Inc. and Delta Air Lines Inc. are adding flights to the resort. United Continental Holdings Inc. is using one of its biggest jets once a week to ply the Chicago-Cancun …