Bloomberg SpiceJet Ltd, one of the world’s biggest customers for Boeing Co’s now-grounded 737 Max jets, said an interim offer of compensation from the US planemaker is higher than what the Indian budget carrier recognised earlier. SpiceJet, India’s second biggest airline, has been using an unusual accounting method to book income on expected compensation from Boeing in the past few ...

Bloomberg Airbus SE is offering French employees a bonus of two months’ salary if they accept voluntary severance by the end of next month, stepping up efforts to thin its ranks with fewer forced layoffs. The pandemic-hit planemaker is also offering to top up monthly wages by as much as 350 euros ($415) for up to a year if workers ...

Bloomberg Amazon.com Inc plans to open 1,000 small delivery hubs in cities and suburbs all over the US, according to people familiar with the plans. The facilities, which will eventually number about 1,500, will bring products closer to customers, making shopping online about as fast as a quick run to the store. It will also help the world’s largest e-commerce ...