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Best Mart 360, HK protest target, sees double digit drop

Bloomberg Snacks chain Best Mart 360 Holdings Ltd has seen revenue drop by double digits as its stores come under attack by radical Hong Kong protesters in the ongoing anti-Beijing movement that’s gripped the city. As protests become increasingly violent, more than 70 of its 102 stores have been vandalised in over 180 instances, chairman Lin Tsz Fung said in ...

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SpiceJet in talks with Boeing to buy more Max jets

Bloomberg Indian low-cost carrier SpiceJet Ltd is in talks with Boeing Co to buy more 737 Max aircraft to feed its expansion plans, a deal that could mark a Dubai Airshow coup for the grounded narrow-body. A sales lull for the Max, idled globally since March, allows SpiceJet to acquire planes at a lower cost, Chairman Ajay Singh said in ...

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Boeing says Latin America needs 2,960 new planes by 2038

Bloomberg The Latin America aviation market will more than double in 20 years as Brazil’s economy recovers and discount carriers boost demand, driving a need for 2,960 new planes, according to Boeing Co. “Low-cost carriers have really been the engine of growth in Latin America,” Darren Hulst, Boeing’s managing director for market analysis & sales support, said in Sao Paulo. ...

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