Bloomberg Hong Kong billionaire Henry Cheng’s jewellery-to-property business empire will acquire Dublin-based Sky Leasing for about $2.8 billion, including debt, to bolster the group’s aviation business. Though the Cheng family’s Goshawk Aviation Ltd. announced the deal last month, it didn’t disclose the value at the time. Of the total, 70 percent of the purchase will be funded with debt and ...

Bloomberg Airbus SE Chief Executive Officer Tom Enders called on the European Union to acknowledge the British government’s new, softer negotiating stance toward Brexit, lending a measure of support to embattled Prime Minister Theresa May. “The Chequers statement appears to show that HM Government are going in the right direction,” Enders said at a German Chamber of Commerce event in ...

Bloomberg Ethiopia’s national airline will take a 20 percent stake in Eritrean Airlines, the state-owned Ethiopian Press Agency reported, citing unidentified Eritrean media. Ethiopian Airlines Enterprise, Africa’s biggest carrier by revenue, will also resume flights next week to Asmara, the capital of neighbouring Eritrea, the ruling party-funded Fana Broadcasting Corp. reported earlier, after the two countries made a historic agreement ...