Bloomberg Qantas unveiled its new engineering facility at Los Angeles International Airport, an investment of more than US$30 million. It is one of the largest commercial hangars in North America and the first specifically designed to accommodate the Airbus A380. The 5.7 hectare hangar will be used to carry out maintenance checks on Qantas’ A380 and Boeing 747 aircraft …

  Bloomberg Reeling from a shaky holiday season and slowing mall traffic, US retailers are facing increasing pressure to close stores as more of their business migrates to the internet. More than 10 percent of US retail space, or nearly 1 billion square feet, may need to be closed, converted to other uses or renegotiated for lower rent in coming …

  Bloomberg Southwest Airlines Co. was eager to sign up as the ‘launch customer’ for Boeing Co.’s new 737 Max, soon to be the Greyhound of the skies as it replaces its older, less fuel-efficient cousins in fleets worldwide. But Southwest won’t be first to fly or even receive the new aircraft. That honour will go to a smaller low-cost …