Bloomberg Ethiopian Airlines Group is close to agreeing a deal with Airbus SE for as many as 20 narrow-body A220 planes worth more than $1.6 billion, reviving an earlier plan after a spell using larger Boeing Co 737s. Africa’s biggest and most consistently profitable carrier is in late-stage talks about the purchase of the 100-seater aircraft, which should be completed ...

Bloomberg PT Bukalapak.com raised capital from investors including Indonesian media giant Emtek and South Korea’s Shinhan Financial Group Co, a round of funding that valued the online marketplace at more than $2.5 billion. The Jakarta-based startup, which last month said it would cut about 10 percent of its workforce to focus on profitability, announced the transaction but wouldn’t provide more ...

Bloomberg United Airlines Holdings Inc is escalating efforts to recruit pilots with new financial perks and faster career advancement as the carrier faces the retirement of almost half its aviators over the next decade. The programme, dubbed Aviate, is designed to attract more staff for regional airlines that fly for United, which will then look to field a large portion ...