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EasyJet bets on bigger Airbus jets

Bloomberg EasyJet Plc upgraded an order for 30 Airbus SE narrow-body aircraft to the biggest A321 variant in a bet that fare declines are set to ease after pushing it to record winter losses. The switch marks EasyJet’s first deal for the new plane, which has 49 more seats than the A320 model, previously the largest in its fleet. Deliveries ...

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Nestlé opens AED530 million factory in Dubai South

Dubai / Emirates Business Nestlé Middle East’s 18th factory in the region has been inaugurated in Dubai South by His Highness Sheikh Ahmed bin Saeed Al Maktoum, President of the Dubai Civil Aviation Authority, Chairman Dubai Airports, and Chairman & Chief Executive of Emirates Airlines & Group; and in the presence of Marco Settembri, Executive Vice President Nestlé SA and ...

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Vodafone forecasts 23% surge in free cash flow

Bloomberg Vodafone Group Plc promised to milk more of the cash that flows through the world’s second-largest mobile-phone operation and funnel it back to shareholders after years of investment and expansion. The stock rose the most in 10 months on Tuesday after the Newbury, England-based carrier forecast a 23 percent increase in free cash flow to 5 billion euros ($5.5 ...

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