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JetBlue Airways follows rivals in ending era of blocked seats

Bloomberg JetBlue Airways Corp is joining rivals in opening all previously blocked seats, citing increased evidence that cabins are safer from the spread of coronavirus even as US caseloads surge. The airline will make all seats available for sale starting from January 8, JetBlue President Joanna Geraghty said in a memo to employees. The decision follows a similar move by ...

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German retailer Mytheresa plans for IPO in US

Bloomberg Mytheresa.com, the luxury online retailer specialising in women’s clothing, is planning a US listing in early 2021, people with knowledge of the matter said. The fast-growing German e-commerce company is working with advisers on preparations for a potential initial public offering, according to the people, who asked not to be identified because the information is private. It plans to ...

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Singapore Air to raise $630m via ‘bond sale’

Bloomberg Singapore Airlines Ltd plans to raise as much as S$850 million ($630 million) via the sale of convertible bonds as it seeks to increase liquidity amid a pandemic that’s wiped out travel demand. The funds will be used for operating cash flow, to service debt and for capital expenditure, Singapore’s flagship carrier said in an exchange filing. The pricing ...

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