Bloomberg After surpassing Hermes, Gucci has Louis Vuitton in its sights. The Italian fashion brand, owned by Kering SA of France, aims to lift revenue to 10 billion euros ($12 billion) from last year’s 6.2 billion euros, according to an investor presentation Thursday. That would rival LVMH’s Louis Vuitton, long the biggest and most profitable name in luxury. With a ...

Bloomberg Delta Air Lines Inc. dragged down US airlines after the carrier trimmed its profit outlook, citing the rising price of jet fuel. Second-quarter earnings will be no more than $1.75 a share, Delta said in a statement. That’s down from a previous forecast of as much as $2 a share. Fuel prices have risen about 12 percent since the ...

Bloomberg Pity the airlines: fuel prices are soaring, pilots are in short supply and political spats threaten global trade. And worse may be to come. With global passenger numbers forecast to almost double to 7.8 billion by 2036, runways, airports and even airspace could rapidly become too crowded to cope. In Asia, which will contribute more than half of the ...