Bloomberg Rolls-Royce Holdings Plc, the British jet-engine maker, is exploring options to raise funds that would help fortify the company against a downturn in the aerospace industry. The London-based company is in the early stages of reviewing a range of options to strengthen its balance sheet, it said in a statement, confirming a Bloomberg News report. “No decisions have been ...

Bloomberg Ultra low-cost tickets priced at less than 10 euros ($11.25) each are harming the aviation industry’s reputation, Deutsche Lufthansa AG Chief Executive Officer Carsten Spohr said in an interview with Swiss daily Neue Zuercher Zeitung. “Tickets for 9.99 euros are ecologically and economically irresponsible,” Spohr, 53, was quoted as saying. He also said Europe’s largest airline will seek financing ...

Bloomberg Lucky Brand Dungarees and affiliates, known for jeans and other apparel, filed for bankruptcy in Delaware after the coronavirus pandemic scuttled restructuring efforts. The closely-held company has entered into an asset purchase agreement with SPARC Group, which operates brands including Aéropostale and Nautica, for the sale of “substantially all” of its operating assets, according to a company statement. ABG-Lucky, ...