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Greece’s Aegean Air to sign $5.5bn jet deal

Bloomberg Aegean Airlines, the former island-hopper that’s expanded to replace defunct Greek flag-carrier Olympic Air, plans to order at least 50 new single-aisle jetliners in the next three or four weeks. Aegean, which has already doubled its fleet since 2013, will choose between the latest Airbus SE A320neo and Boeing Co. 737 Max narrow-body models, Chief Executive Officer Dimitrios Gerogiannis ...

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Gucci overtakes Hermes on designer Michele’s revamp

Bloomberg Gucci surged past rival Hermes in sales as shoppers snapped up more of designer Alessandro Michele’s crystal- and sequin-coated creations over the holidays. The Italian fashion label closed out the year with another quarter of runaway growth, with comparable sales rising 43 percent, parent Kering SA said in a statement on Tuesday. Its revenue of 6.2 billion euros ($7.6 ...

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Southwest Air’s de-icing stumble was third in 2 months

Bloomberg Southwest Airlines Co.’s cancellation of 250 flights at Midway Airport Feb 11 was the third time in two months that a shortage of de-icing fluid has complicated the carrier’s Chicago operations. Heavy snows forced Southwest to use much more than the normal amount of glycol to remove ice and snow from planes that parked at the airport overnight, eating ...

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