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Cracks found on 5% of older Boeing 737 jets in inspections

Bloomberg More than 5% of older Boeing Co 737 jets that underwent urgent inspections worldwide have cracks in a structure connecting the wings to the fuselage and will have to be temporarily grounded. So far, 36 of the workhorse Next Generation models have evidence of cracking out of 686 that have been inspected, Boeing said in an email providing updated ...

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Uniqlo sister brand’s 9-month profit up 75%

Bloomberg As fashion franchises like Forever 21 struggle globally amid changing shopping habits and competition from e-commerce, Uniqlo-owner Fast Retailing Co has managed to turn around a second clothing line into a profit driver. Its more experimental and stylish GU brand is expected to be a highlight of its full-year earnings to be reported. The sister brand, which sells at ...

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Thomas Cook can thrive without airline costs, says Hays Travel

Bloomberg Hays Travel Ltd, the UK booking agent that’s buying 555 shops from Thomas Cook Group Plc, said the stores can turn profitable without the hefty airline costs that helped bring down the 178-year-old tour operator. Hays will add the outlets to its existing 190 shops to expand a business that’s more online-focussed than Thomas Cook was, founder and Managing ...

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