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Boeing gets a jump on air show with $14.4 billion deal

Bloomberg Boeing Co. isn’t waiting for next month’s Farnborough International Airshow to unveil blockbuster aircraft deals — or start booking cash. The Chicago-based planemaker is poised to bolster its backlog with orders valued at $14.4 billion thanks to two transactions announced. That’s a break from an industry practice of stockpiling sales for the biggest annual trade expo that alternates between ...

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India’s Jet Air buys $8.8bn more Boeing 737 aircraft

Bloomberg Jet Airways India Ltd. purchased another 75 of Boeing Co.’s 737 Max aircraft for about $8.8 billion as it looks to continue rapid expansion in the world’s fastest-growing major aviation market. The latest purchase brings the airline’s backlog for the narrowbody plane to 225, Jet said. It already placed two 75-plane orders, the most recent in April, with the ...

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Ex-Amazon.com executive to run luxury store Bergdorf Goodman

Bloomberg Neiman Marcus Group went online for its latest management search, hiring a former Amazon.com Inc. executive to run its luxury department store Bergdorf Goodman as it refocuses efforts on growing internet sales. Darcy Penick, previously chief executive officer of Amazon subsidiary Shopbop, will be tasked with speeding up the company’s “digital transformation,” according to a statement. She will step ...

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