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Credit Suisse plans bonus pool increase for 2017

Bloomberg Credit Suisse Group AG, Switzerland’s second-largest bank, plans to increase its bonus pool for last year as the lender makes progress on its three-year restructuring plan, two people familiar with the plans said. The pool may increase by a low single-digit percentage, but is yet to be finalised, said one of the people, who asked not to be identified ...

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Steinhoff sells private jet to broker Avpro

BLoomberg Steinhoff International Holdings NV, the global retailer fighting to recover from an accounting scandal, sold its luxury Gulfstream 550 private jet to a US aircraft broker as it seeks to boost liquidity. The plane, with serial number 5113, was registered to Annapolis, Maryland-based Avpro Inc. on January 12, according to the US Federal Aviation Administration’s online records. The luxuriously ...

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Airbus in talks with British Airways to sell more A380s

Bloomberg Airbus SE is in talks to sell new A380 superjumbo planes to British Airways this year after securing a programme-saving deal from Persian Gulf operator Emirates, according to people familiar with the matter. The UK carrier, which currently has 12 A380s in its fleet, had said in the past that it was looking for six to seven second-hand A380s. ...

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