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Wizz Air extends halt to Ukraine, Russia flights

  Bloomberg Wizz Air Holdings Plc extended its cancellation of flights to Ukraine and Russia through the end of October as the war started by Vladimir Putin in February shows no sign of abating. The move means Eastern Europe’s biggest discount carrier will have scrapped operations to the two countries for the whole of the summer timetable, which this year ...

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In sanctions hitch, EasyJet exits leases on Russia-owned jets

Bloomberg EasyJet Plc terminated rental contracts on six Airbus SE jets owned by a Russian state leasing company in a rare example of sanctions depriving a European carrier of aircraft. EasyJet cancelled the leases on the A319 narrowbodies owned by a unit of state-controlled GTLK shortly after the UK and European Union acted to punish Vladimir Putin over the invasion ...

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Amazon’s Covid-era buildout proves too much as demand cools

Bloomberg Amazon.com Inc acknowledged that a hiring and warehouse-building binge during the pandemic is catching up with the company as e-commerce sales growth inevitably slows from the torrid pace of the outbreak. That reality will weigh on revenue and profit going forward as consumers return to their pre-pandemic habits and inflation may cool their spending. Fuel and labour costs are ...

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