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Amazon can ask regulators to block deal with India’s Future

Bloomberg An Indian court allowed Amazon.com Inc to oppose Future Group’s $3.4 billion asset sale to Mukesh Ambani’s conglomerate but left it to local regulators to decide on the deal, in a mixed ruling for the US giant fighting Asia’s richest man for dominance in one of the world’s largest retail markets. The Delhi High Court said on Monday it ...

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EasyJet agrees aircraft deferral with Airbus

Bloomberg EasyJet Plc shares rose after the UK airline said it will defer the delivery of another 22 Airbus SE jets to conserve cash as the coronavirus crisis continues to depress travel demand. Europe’s second-largest discount carrier will postpone the handovers, which were due over a three-year period starting in October 2021, to the 2027-2028 period. The timing of 15 ...

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US airlines secure $15b payroll reimbursement

Bloomberg The pandemic aid package negotiated by Congressional leaders includes $15 billion to reinstate payroll reimbursements to airlines that expired two months ago, according to two people familiar with the legislation. The legislation is similar to provisions in an earlier pandemic aid package that expired on October 1, which barred layoffs and came with other restrictions. The tentative agreement also ...

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