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Bombardier sees shift to ‘growth cycle’ on luxury jet

Bloomberg Bombardier Inc., which has been reeling from a weaker cash-flow forecast and a heavy debt load, says it’s about to transition to a new phase of sales growth. The Global 7500 luxury jet, which will debut in the coming days, will add at least $2.5 billion a year in revenue by 2020, Bombardier said in a presentation. The company ...

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AirAsia’s Vietnam venture aims to begin operations in August

Bloomberg The Vietnam partner of AirAsia Group Bhd. expects their new carrier to begin operations in August, joining the ranks of low-cost airlines in Southeast Asia as a growing middle class spurs many to travel by air. The domestic airline will apply for its aviation license in February and expects to gain the necessary regulatory approvals within six months, said ...

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Carrefour launches ‘world’s first’ sail-through supermarket in Dubai

Bloomberg Dubai’s retail explosion is extending out to sea. Majid Al Futtaim Holding LLC, the Middle East operator of Carrefour SA stores, has created sail-through supermarkets to cater to customers on yachts, boats and jet-skis on three of the city’s beaches, the company said in an emailed statement. Shoppers on jet-skis and small sailing craft will be able to sail ...

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