Bloomberg HNA Group Co agreed to sell control of airline caterer Gategroup Holding AG to RRJ Capital, the second major divestment in a week by the embattled Chinese conglomerate. RRJ will purchase all outstanding shares of Gategroup, the Swiss company said in a statement on its website, confirming an earlier Bloomberg News report. It didn’t disclose financial terms. The deal …

Bloomberg EasyJet Plc dropped the most in more than two years after warning the crucial summer season will be weaker than expected as low-cost airlines feel the brunt of the UK’s political crisis over Brexit and waning consumer demand. Revenue per seat at constant currency fell an estimated 7.4 percent in the first six months of the carrier’s fiscal year, …

Bloomberg Warren Buffett said Berkshire Hathaway Inc’s investment in Delta Air Lines Inc rose above his comfort threshold by mistake. The stake climbed when Delta bought back its own stock and Berkshire increased its holdings, according to regulatory filings this month. “What I didn’t realise was that that purchase had taken us over 10 percent,” Buffett said in an interview …