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 ...

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 ...

Bloomberg Nike Inc gained in late trading after second-quarter revenue and profit topped Wall Street’s expectations, bolstered by e-commerce sales and rebounding growth in China. Sales rose 8.9% to $11.2 billion in the quarter ended on November 30, the athleticwear company reported. Analysts had projected $10.6 billion. Earnings grew to 78 cents a share, compared with a 62-cent estimate. The ...