Bloomberg United Airlines Holdings Inc raised $1 billion by selling new shares, stepping up efforts to increase capital to survive a collapse in travel demand. The company sold 39.25 million shares at $26.50 apiece, with an option for underwriters to buy an extra 10%, United said in a statement. The price is at the high end of what the stock …

Bloomberg BOC Aviation Ltd, a Singapore-based aircraft leasing company, is testing bond markets at a time when global passenger airlines are nearly shut due to the coronavirus pandemic. The unit of Bank of China Ltd is marketing dollar bonds at significantly wider spreads than similar debt sold in January. Since that time, the crisis has plunged the aviation industry into …

Bloomberg The coronavirus outbreak has stalled American retailers’ e-commerce growth, sparked traffic declines and pushed many to lower quarterly guidance, according to a survey published on Wednesday by CommerceNext, which organises conferences for retail and direct-to-consumer marketers. Since mid-February, when coronavirus began impacting the US, about half of retailers said their e-commerce traffic has been trending downward. This is a …