Bloomberg Delta Air Lines Inc is seeking to raise $3 billion from loans and bonds as it grapples with a global travel shutdown caused by the coronavirus pandemic. The company is offering a $1.5 billion first lien term loan due 2023 and the same amount in senior secured bonds maturing in 2025, it said in a statement. The debt, which ...

Bloomberg Boeing Co is tapping Mark Jenks, the head of its 737 programme, to oversee a drive to improve manufacturing practices across all of its commercial aircraft programs, according to an internal memo viewed by Bloomberg. The changes are part of a broader shake-up at Boeing’s commercial division under Stan Deal, who took control late last year as the planemaker ...

Bloomberg The retail shutdowns sweeping the country amid the coronavirus outbreak have put L Brands Inc in a tough spot. With a deal to sell its iconic Victoria’s Secret brand now in jeopardy, things just got a lot worse. The future of the ailing inner wear business is in limbo after Sycamore Partners said it wants out of the deal ...