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WestJet charts long-haul course with $5.4bn of Dreamliners

  Bloomberg WestJet Airlines Ltd. plans to order as many as 20 Boeing Co. 787-9 Dreamliners valued at $5.4 billion, adding the wide-body to its fleet as Canada’s second-biggest carrier expands long-distance service. The move takes a page from Air Canada, which has relied on the Dreamliner’s fuel efficiency to lower operating costs. The order also helps clarify WestJet’s strategy ...

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Qatar Air becomes World Cup sponsor for FIFA

  Bloomberg Qatar Airways Ltd. signed an agreement with FIFA to sponsor two World Cup tournaments until 2022, filling a spot left vacant by Emirates when it quit its sponsorship following corruption allegations at soccer’s global governing body. The state-owned carrier will become FIFA’s official partner and airline for the 2018 World Cup in Russia and 2022 World Cup in ...

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JD.com posts first profit as Chinese online shopping surges

  Bloomberg JD.com Inc. posted its first quarterly profit as a public company with the integration of Wal-Mart Stores Inc.’s Chinese web business and strong consumer spending driving a surge in sales. China’s largest e-commerce company after Alibaba Group Holding Ltd. has benefited from the rise of online shopping in a country with patchy retail infrastructure. JD, which bought Wal-Mart’s ...

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