Wednesday , 17 December 2025

Recent Posts

Fraport refinances $235mn Turkey loan on airport revenue drop

Bloomberg Fraport AG’s Turkish joint venture is getting a loan of 200 million euros ($235 million) to repay debt for Antalya Airport after terror attacks over the past two years cut revenue, two people familiar with the matter said. The operator and its local partner will use 180 million euros to refinance an existing loan and the balance for its …

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SoftBank fund in talks to invest $2bn in Flipkart

Bloomberg SoftBank Vision Fund, the technology investor founded by Masayoshi Son, is in talks to invest directly in India’s Flipkart Online Services Pvt, according to people familiar with the matter, after talks to fold SoftBank-backed Snapdeal into Flipkart fell apart. The fund is looking at putting between $1.5 billion and $2 billion into the largest Indian e-commerce operator within the …

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Pratt’s woes with engines spur compensation to IndiGo

Bloomberg IndiGo, India’s biggest airline, said it received compensation from Pratt & Whitney as the manufacturer struggles to fix glitches in engines that power Airbus SE’s new A320neo jets. The nature of the compensation from Pratt & Whitney is confidential, the airline’s Chief Financial Officer Rohit Philip said after the airline reported first-quarter profits. The carrier is not happy with …

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