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Bombardier may miss delivery goal for cutting-edge C-series

Bloomberg Bombardier Inc. will likely fall short of the full-year delivery target for its cutting-edge C Series jet amid a shortage of available engines, analysts said. Delivery of 12 planes that had been scheduled for this year will probably slip into 2018, said Konark Gupta, a Macquarie Capital Markets analyst. That would mean Bombardier delivers 18 of the jets this ...

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Shoprite all set to open its first store in Kenya

Bloomberg Shoprite Holdings Ltd. is in talks to open its first stores in Kenya by filling retail space left empty by the struggling Nakumatt Holdings Ltd. chain. “We are currently in talks with some of the property owners but nothing has been signed,” Shoprite director Gerhard Fritz said. Africa’s biggest food retailer is awaiting the outcome of merger talks between ...

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SpiceJet plans to land Kodiak planes in sea, fields in $400mn deal

Bloomberg The next sales pitch for one of the world’s fastest-growing airlines may turn out to be: No runway? No problem! SpiceJet Ltd., an Indian budget carrier that’s seen its stock zoom 899 percent in three years, wants to open up the third-biggest aviation market even more. That means targeting the billion Indians who’ve never flown before, either because they ...

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