Recent Posts

Malaysia Airlines agrees to $3bn Boeing plane deal

Bloomberg Malaysia Airlines Bhd. agreed to buy Boeing Co.’s 787-9 Dreamliners and 737 Max jets as the Southeast Asian nation’s flag carrier looks to boost services on its busiest routes. The airline signed a memorandum of understanding for eight of the carbon-composite Dreamliners, and eight 737 Max 8s, Boeing said in an e-mailed statement. The planes are worth $3.06 billion ...

Read More »

EasyJet links up with long-haul flights at London Gatwick

Bloomberg EasyJet Plc struck a deal with Norwegian Air Shuttle ASA and Canada’s WestJet Ltd allowing its passengers to transfer onto their long-haul flights at London Gatwick airport. Europe’s second-biggest discount airline is exploring similar accords with Middle Eastern and East Asian carriers, and plans to extend the service to some of its other major bases, according to a statement. ...

Read More »

JC Penney missed out on 3300% rally as dumped asset skyrockets

Bloomberg JC Penney Co. bailed on Brazil more than a decade ago. In hindsight, sticking it out would have been the smarter move. Lojas Renner SA, the Brazilian retailer that JC Penney divested in 2005 for $230 million, is now worth $7.9 billion, an increase of more than 3,300 percent. Meanwhile, the iconic American department-store chain has seen its own ...

Read More »
Send this to a friend