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Lion Air mulls pivot to Airbus after Boeing orders halted

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Bloomberg Indonesia’s Lion Air, one of the biggest customers of Boeing Co.’s 737 Max plane, is considering switching to Airbus SE amid plans to suspend existing orders it has with the US plane maker, according to a person familiar with the matter. The carrier is suspending delivery of four 737 Max jets it had on order for this year from ...

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Mahathir weighs shutdown or sale of Malaysia Airlines

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Bloomberg Prime Minister Mahathir Mohamad said he’s studying options for flag carrier Malaysia Airlines Bhd., including whether to invest more funds, sell it off or even shut the company down. “It is a very serious matter to shut down the national airline,” he told reporters at parliament. “We will nevertheless be studying and investigating as to whether we should shut ...

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US retail sales rise in January, stabilising after a slump

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Bloomberg US retail sales stabilised in January after a plunge the prior month that was larger than first reported, indicating consumers may still be able to help support economic growth after a dismal end to 2018. The value of overall sales rose 0.2 percent after a 1.6 percent drop in the prior month that was the steepest since 2009, Commerce ...

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