Bloomberg Singapore Airlines Ltd posted its biggest ever quarterly loss as the coronavirus decimated travel demand and fuel hedging and fleet impairment charges weighed on its bottom line. The carrier reported a net loss of S$2.3 billion ($1.7 billion) for the three months ended on September 30 versus a S$94.5 million profit the same period a year ago, before Covid-19 …

Bloomberg EasyJet Plc boosted cash reserves via a new round of aircraft sales as a wave of coronavirus lockdowns pushes it to deepen capacity cuts. Britain’s biggest discount carrier raised $169.5 million through the sale of 11 Airbus SE jets, which it will lease back, according to a statement. The move takes the number of planes involved in such transactions …

Bloomberg Coty Inc soared after the maker of Covergirl and Sally Hansen reported sales declines that abated from the previous quarter. Revenue excluding the company’s Wella business, which is being sold, fell 20% to $1.1 billion in the quarter ended on September 30. Including Wella, the decline was 13%, compared with a drop of 56% in the previous quarter. Chief …