Recent Posts

IndiGo to set up aircraft leasing unit, order 10 more A320neos

BLOOMBERG IndiGo is setting up an aircraft-leasing subsidiary in the western Indian state of Gujarat, following a similar move by Air India as the country’s two biggest carriers enlarge their fleets. The budget airline, which has a market share of 63% in India, also plans to order 10 additional Airbus SE A320neo aircraft, expanding a 300-jet deal inked in 2019, ...

Read More »

Europe’s airlines offer discounts amid travel slowdown

BLOOMBERG Airlines across Europe have begun discounting their tickets as the peak summer travel season gives way to the traditionally slower months of more subdued bookings. Discounter EasyJet Plc said that it’s offering 20% off on more than 1.7 million seats for flights from mid-September to the end of March. British Airways launched an end-of-summer sale on the same day ...

Read More »

Superdry sinks to $27.5 million loss as turnaround flounders

BLOOMBERG Superdry Plc swung to an annual loss and expects no revenue growth in the current year as the fashion retailer struggles to compete with other clothing brands during the UK’s cost-of-living crisis. The company, known for its logo-printed T-shirts and bright colours, reported a pretax loss of £21.7 million ($27.5 million) for the full year, compared with a profit ...

Read More »
Send this to a friend