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Amazon’s Prime Day steals rivals’ Black Friday spotlight

Bloomberg Amazon.com’s two-day Prime Day sale kicked off on Tuesday, which is expected to give the world’s largest e-commerce company an early advantage over brick-and-mortar rivals still contending with pandemic-spooked consumers wary of battling Black Friday crowds. With Prime Day delayed to October from July this year, Amazon single-handedly could yank the pivotal holiday season forward — a long-predicted “Christmas ...

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Apollo’s Sun Country Air to revive IPO plans

Bloomberg Apollo Global Management Inc’s Sun Country Airlines is planning to restart its push for an initial public offering as soon as next year if travel demand picks up across the industry, said the carrier’s top executive. Sun Country’s core business of taking Midwest leisure travellers to Florida, Las Vegas and other warm-weather destinations has already recovered enough to turn ...

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Allegiant weighs used Airbus planes, defies travel collapse

Bloomberg Allegiant Airlines is weighing purchases of used Airbus SE planes as soon as early 2021, bucking an unprecedented travel collapse that has gutted demand for jetliners. The carrier has been “inundated” with calls from airlines and aircraft lessors seeking to sell planes at deep discounts as they contend with the coronavirus pandemic, said Allegiant Chief Financial Officer Greg Anderson. ...

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