Bloomberg Indian carriers are expected to incur a loss of $8 billion by 2022 as the second Covid-19 wave puts any travel recovery on hold. IndiGo, India’s largest airline, and Air India Ltd will account for $4.5 billion of losses, CAPA Centre for Aviation said in its report India Airline Outlook for the fiscal year 2022. Indian carriers will need ...

Bloomberg Singapore Airlines Ltd said the S$6.2 billion ($4.7 billion) raised through convertible bonds, along with existing cash reserves, should cover its financial needs well into the year ending March 2023, according to a statement. The nation’s flagship carrier was responding to questions from the Securities Investors Association (Singapore) last month about whether it has considered privatisation. Singapore Airlines said ...

Bloomberg E-commerce fashion retailer About You is seeking at least 600 million euros ($732 million) in a Frankfurt listing, betting demand for its party outfits will pick up as lockdowns ease across Europe. The company is looking to list shares on the Frankfurt Stock Exchange in the second quarter, it said in a statement. The initial public offering will include ...