Bloomberg Beleaguered Indian shadow lender Dewan Housing Finance Corp (DHFL) posted its first quarterly loss in more than a decade, missed interest payments and cast doubt on its ability to continue as a going concern. DHFL posted a loss of 22.23 billion rupees ($324 million) for the quarter ended in March compared with 1.34 billion rupees in net income a ...

Bloomberg IAG SA Chief Executive Officer Willie Walsh said frustration with Airbus SE over late jetliner deliveries was a factor in his decision to place a $24 billion order for Boeing Co’s grounded 737 Max model. Cost and a desire to have a mixed narrow-body fleet weren’t the only considerations in the purchase, with IAG experiencing a 70-day delay on ...

Bloomberg United Airlines Holdings Inc is removing the Boeing Co 737 Max from its schedule through November 2, with flight cancellations growing each month the troubled jet remains out of service. United, the world’s second-largest carrier, currently has 14 of the 737 Max in its fleet and had planned to expand to 30 by year’s end. That means daily cancellations ...