Thursday , 25 December 2025

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Boeing returns to past with new management shake-up

Bloomberg Boeing Co is tapping Mark Jenks, the head of its 737 programme, to oversee a drive to improve manufacturing practices across all of its commercial aircraft programs, according to an internal memo viewed by Bloomberg. The changes are part of a broader shake-up at Boeing’s commercial division under Stan Deal, who took control late last year as the planemaker …

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Victoria’s Secret has few options with Sycamore deal in peril

Bloomberg The retail shutdowns sweeping the country amid the coronavirus outbreak have put L Brands Inc in a tough spot. With a deal to sell its iconic Victoria’s Secret brand now in jeopardy, things just got a lot worse. The future of the ailing inner wear business is in limbo after Sycamore Partners said it wants out of the deal …

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American boosts bag fee on no-frills fares

Bloomberg American Airlines Group raised the cost of checking a bag on a trans-Atlantic flight by 25% for customers buying its cheapest ticket as carriers worldwide struggle with the collapse of travel demand due to coronavirus. The fee to check a first bag rose to $75 from $60 for passengers who purchase a Basic Economy ticket after April 21, American …

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