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No-frills Indian carrier SpiceJet to start flights to London

Bloomberg SpiceJet Ltd, India’s second-biggest airline, will start regular flights to London from Delhi and Mumbai, a move it has long been pursuing. The no-frills airline will fly Airbus SE A330-900 neo aircraft on the routes, Chairman Ajay Singh said in an online briefing with reporters on Monday. The flights will start from December 4 and there will be two ...

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Virgin Atlantic Air trials Covid testing for crews

Bloomberg Virgin Atlantic Airways Ltd will carry out rapid pre-flight coronavirus testing for cabin crew and pilots from its base at London’s Heathrow airport, the company said on Monday. The carrier said it launched a trial on flights to Shanghai and Hong Kong on September 30 and is planning a wider roll-out that will involve testing every operating crew at ...

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GIC, TPG to invest $1b in Ambani’s retail unit

Bloomberg Singapore’s GIC Pte and private-equity firm TPG will invest a combined $1 billion in Indian billionaire Mukesh Ambani’s retail unit, taking total inflows into the business to about $4.4 billion. GIC will spend 55.1 billion rupees ($753 million) for a 1.22% stake in Reliance Retail Ventures Ltd, while US-based TPG will take 0.41% for 18.4 billion rupees, the Indian ...

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