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Virgin Atlantic Airways mulls IPO in London

Delta buys a 49 per cent stake in virgin atlantic

Bloomberg Virgin Atlantic Airways Ltd is considering a public offering in London as the company gears up its business for recovery from the pandemic. Executives have been holding discussions with bankers and potential investors, and could announce the company’s plans for an IPO as soon as the autumn, according to a person familiar with the matter who asked not to ...

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Lufthansa sees long-haul recovery after $1.13b loss

Lufthansa to introduce gender neutral greetings on flights

Bloomberg Deutsche Lufthansa AG is expecting long-haul travel to finally pick up this year alongside loosening Covid-19 restrictions and vaccine take up, giving some cause for optimism after a second-quarter loss of 952 million euros ($1.13 billion). North America could open up from late summer with Asia following from the end of the year, the company said in a statement. ...

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PepsiCo to sell juice brands to PAI Partners for $3.3 billion

Bloomberg PepsiCo Inc is to sell Tropicana, Naked and other juice brands to French private equity firm PAI Partners for about $3.3 billion as it seeks to bolster its balance sheet and focus on healthier snacks and zero-calorie drinks. The US drinks giant will retain a 39% noncontrolling interest in a new holding company for the brands and has also ...

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