Bloomberg British Airways parent IAG SA said there are grounds for optimism about air travel this summer, after posting its first annual loss in almost a decade. The airline group reported an operating loss of 7.43 billion euros ($9 billion) in 2020, according to a statement. While Chief Executive Officer Luis Gallego expressed growing confidence that a recovery will take ...

Bloomberg UK holidaymakers reappeared with a roar, showering EasyJet Plc and tour operator TUI AG with summer bookings just hours after PM Boris Johnson outlined a roadmap for air travel to return. EasyJet ticket sales more than quadrupled in the hours after Johnson said that international trips may restart as soon as May 17, the UK carrier said in a ...

Bloomberg Kohl’s Corp is under pressure from a group of activists who want to name nine directors to control its board and press the retailer to reduce inventory and streamline promotions, according to a person familiar with the situation. The group holds a stake of about 9.5% in Menomonee Falls, Wisconsin-based Kohl’s, said the person, who asked not to be ...