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Bombardier declares its selling spree over, officially

Bloomberg With just one business left, Bombardier Inc has officially declared its selling spree over. The Montreal-based company, which once made everything from snowmobiles to commercial aircraft, will focus solely on corporate jets following its announcement of two separate deals to sell off parts of its business in less than a week. And with the proceeds earmarked towards reducing a ...

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Bamboo Air plans $5b Boeing 777X jet order

Bloomberg Vietnam’s Bamboo Airways expects to buy 12 Boeing Co. 777X jumbo jets in the second quarter, according to chairman Trinh Van Quyet, in what would be a multi-billion-dollar boost for the US planemaker after it failed to win a single order for any of its aircraft in January. A deal that size would be valued at almost $5 billion ...

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Singapore Air cuts flights globally due to novel virus

Bloomberg Singapore Airlines Ltd will cut more flights across its global network through May as the outbreak of the novel coronavirus discourages people from travelling. The carrier and its SilkAir unit will reduce flights to cities including New York, London, Frankfurt, Tokyo and Sydney, according to a statement on its website on Tuesday. The company warned that it faces “significant” ...

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