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Vietnam’s Bamboo Air plans IPO to fuel aggressive growth

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Bloomberg Vietnam’s Bamboo Airways expects to raise about $100 million from its planned initial public offering next year to fuel its aggressive expansion in one of the world’s fastest-growing aviation markets. “The fundraising will help us to expand our fleet as we want to take 30 percent of the domestic market next year,” Trinh Van Quyet, the Hanoi-based chairman of ...

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Cathay fires crew members amid oxygen bottle probe

Bloomberg Cathay Pacific Airways Ltd said it fired two crew members at a unit as part of an investigation into why depleted emergency oxygen bottles are turning up on its flights. Cathay Dragon detected an emergency oxygen bottle in a “low-pressure state” on a September 21 flight to Hong Kong from Kuala Lumpur, it said in a statement. All cabin ...

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Gucci faces possible backlash for straitjackets at Milan show

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Bloomberg Kering SA’s Gucci faces a possible backlash for showing straitjackets, meant to make a statement about self-expression and not to be sold in stores, at Milan Fashion Week. Model Ayesha Tan Jones held up “Mental Health Is Not Fashion” on her hands on her way down the runway. She then posted on Instagram that straitjackets symbolise “a cruel time ...

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