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Tan’s Philippine Air to name new president amid revamp

Bloomberg Philippine Airlines Inc is expected to name a new president on Monday, replacing Jaime Bautista, who abruptly quit the post last month. Gilbert Santa Maria, who was chief operating officer of IBEX Global Solutions Plc, tops the list of nominees, according to two people familiar with the matter, who declined to be identified because the decision has yet to ...

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Dutch delivery company in talks to buy Just Eat

Bloomberg Just Eat Plc said it’s in talks to be acquired by Dutch delivery company Takeaway.com NV. The UK firm confirmed a Sky News report on the discussions and added that there’s no certainty whether an offer will be made and on what terms, according to an emailed statement. Takeaway.com could make an offer for Just Eat and will have ...

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Billionaire owners’ public spat weighs on IndiGo’s future

Bloomberg A fight between two billionaire co-founders is threatening to hurt one of the world’s most successful airlines. Rakesh Gangwal, 65, is accusing partner Rahul Bhatia, 59, of corporate-governance transgressions at Indian budget airline IndiGo and wants his powers curbed. Bhatia denies the allegations, and there’s no sign yet that the disagreement is affecting financial performance of the airline, operated ...

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