Bloomberg Kenya Airways (KQ) Plc may hire as many as 100 pilots annually as the company grows its fleet and adds as many as 20 new routes in the next five years, Chief Executive Officer Sebastian Mikosz said. Sub-Saharan Africa’s third-largest carrier is facing “significant operational challenges” and needs as many as 70 additional first officers and 50 captains to ...

Bloomberg HNA Group Co.’s minority stake in airline Virgin Australia Holdings Ltd. is drawing interest from potential bidders as the Chinese conglomerate offloads non-core assets to reduce debt, according to people familiar with the matter. The approximately 20 percent stake could attract bids from existing shareholders in the company as well as other airlines and investment funds if HNA decides ...

Bloomberg Sometimes good just isn’t good enough. Zara owner Inditex SA fell the most in six months after Morgan Stanley analysts cut their recommendation to underweight from equalweight and reduced their price target for the stock to the lowest among analysts tracked by Bloomberg. Inditex dragged European retailers lower, making the sector the worst performer in the broader regional index. ...