Bloomberg Bombardier Inc won an order from SpiceJet Ltd for as many as 50 turboprop planes worth $1.7 billion as the Indian budget carrier expands its fleet to meet demand for regional air travel. The deal is for 25 Q400 planes, with purchase rights for 25 more, Bombardier said. The deal comes a day after SpiceJet signed an agreement to ...

Emirates Business Huawei Consumer Business Group has announced plans to open its first ‘Experience Store’ in the UAE fully equipped and dedicated to offer customers a complete hands-on product experience. The store will be strategically located at The Dubai Mall and is slated to cement Huawei’s position as one of the leaders in the smartphone market. In line with Huawei’s ...

Bloomberg British Airways owner IAG SA said a power outage that led to the cancellation of hundreds of flights last month probably cost it about 80 million pounds ($102 million) in lost revenue and the expense of accommodating, re-booking and compensating thousands of passengers. The figure is based on an initial assessment and London-based IAG will update the market on ...