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AirAsia officials suspended as pilot alleges safety lapses

Bloomberg India’s aviation regulator suspended two senior executives at the local affiliate of AirAsia Group Bhd after a pilot alleged there were safety lapses at the airline and subsequently was fired. AirAsia India’s head of operations, Manish Uppal, and head of safety, Mukesh Nema, were suspended for three months, Arun Kumar, chief of India’s Directorate General of Civil Aviation (DGCA), ...

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IndiGo to raise $534m to combat cash drain

Bloomberg IndiGo, India’s biggest airline, plans to raise as much as 40 billion rupees ($534 million) by selling new shares after the coronavirus pandemic halted air travel across the world, ravaging the cash flow of carriers. The board of the airline, operated by InterGlobe Aviation Ltd, approved raising cash by selling shares to institutional investors, it said in a statement ...

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Kroger builds web marketplace to take on Amazon, Walmart

Bloomberg Kroger Co is setting up an e-commerce marketplace open to third-party vendors, part of the grocery-store operator’s bid to wrest web sales away from giants like Amazon.com Inc and Walmart Inc. The owner of the Fry’s and King Soopers chains is working with online commerce specialist Mirakl to offer tens of thousands of additional goods, including housewares and toys, ...

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