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Biggest Airbus A350 trips as Cathay latest to prefer sibling

Bloomberg Airbus SE’s newest wide-body jet lost more orders as Cathay Pacific Airways Ltd. switched a contract for six A350-1000s to the smaller -900 variant and deferred delivery of five more by a year. The model switch, announced by Asia’s biggest international carrier, follows a decision last week at United Airlines to swap on order for 35 A350-1000s to 45 ...

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Septwolves, Fosun to submit bids for Bally

Bloomberg Chinese apparel manufacturer Fujian Septwolves Industry Co. and conglomerate Fosun International Ltd. and are among suitors vying for the $717 million luxury leather goods company Bally International AG, people with knowledge of the matter said. Bally has also drawn interest from Japanese trading firm Itochu Corp. as non-binding offers came in this week, said the people, who asked not ...

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Colombian pilots vote to organise strike at Avianca

Bloomberg A Colombian pilots union voted in favour of a strike at Avianca Holdings SA, which the company argues is illegal. The ACDAC union says that its members include about 700 pilots that work for the company and won’t fly during the strike—slightly more than half of Avianca’s pilots. Avianca said Colombian laws forbid those offering essential services from striking, ...

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