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Mitsubishi, Mesa sign MoU for potential SpaceJet M100 deal

Bloomberg Mitsubishi Aircraft Corp got a boost for its long-delayed SpaceJet regional aircraft, as Mesa Air Group Inc signed a pact to negotiate a potential 100-plane deal. The memorandum of understanding (MoU) calls for Mitsubishi and Mesa to discuss terms for a firm order of 50 SpaceJet M100 planes with purchase options for 50 more. Deliveries would begin in 2024, ...

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Brits adapting to ‘new normal’ of Brexit chaos, says EasyJet CEO

Bloomberg UK citizens are learning to live with uncertainty surrounding Brexit and making travel plans without worrying too much about the future, according to the head of EasyJet Plc, Britain’s biggest low-cost airline. “If a situation continues for an extended period of time it becomes the new normal,” Chief Executive Officer Johan Lundgren said in a Bloomberg TV interview. “I ...

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Louis Vuitton to add 1,500 jobs in France

Bloomberg Louis Vuitton plans to add roughly 1,500 manufacturing jobs in France over the next three years, ramping up production to feed surging demand from China and other emerging economies. While the luxury label has opened factories in Italy, Spain and the US, Chief Executive Officer Michael Burke said it’s committed to keeping the majority of its supply chain in ...

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