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Lufthansa weighs listing of stake in jet-maintenance unit

Bloomberg Deutsche Lufthansa is considering the sale of stock in its jet-aircraft maintenance business to fund the unit’s expansion and help boost the airline group’s market value, according to people familiar with the matter. A partial spinoff of the Technik division to Lufthansa shareholders is also being considered, though an initial public offering of a stake is the more likely ...

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American Air targets higher growth in 2020

Bloomberg American Airlines Group Inc forecast a big increase in capacity this year and said costs will rise, risking pressure to fares and a squeeze on profit. The amount of available flights and seats will rise as much as 5%, American said, following a 1.1% gain last year. Growth will focus on hubs such as Dallas and Charlotte, North Carolina. ...

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Asos rebounds with Black Friday sales

Bloomberg Asos Plc bounced back from a poor Christmas a year earlier with strong growth over the holidays driven by Black Friday sales. The UK online fashion retailer said its group retail sales grew 20% on a constant-currency basis in the last four months of 2019, better than analysts expected. The shares rose as much as 12%. The better showing ...

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