Recent Posts

Boeing lands $11bn 787 deal from resurgent Turkish Air

Bloomberg Turkish Airlines said it intends to purchase 40 of Boeing Co.’s 787-9 Dreamliners, a long-awaited deal that signals the carrier’s rebound following a terrorist attack on its Istanbul hub last year. When finalised, the order would be valued at almost $11 billion before the customary discounts for large aircraft purchases. The pact, unveiled during a brief signing ceremony in ...

Read More »

Lufthansa, EasyJet to buy Air Berlin assets

Bloomberg Deutsche Lufthansa AG and EasyJet Plc were selected as the preferred bidders for the main assets of insolvent Air Berlin Plc, handing both airlines a rare chance to rapidly expand in Europe’s biggest economy. The creditors’ committee will continue talks with the two carriers until October 12 with the aim of selling Air Berlin’s transport assets, the company said ...

Read More »

UK retail sales rise more than forecast

Bloomberg UK retail sales rose in August at their fastest pace in four months, providing further evidence of a tentative pickup in consumer spending. The quantity of goods sold in stores and online increased 1 percent from July, as did sales excluding auto fuel, the Office for National Statistics said. The increase far exceeded the median forecast of economists and ...

Read More »
Send this to a friend