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JetBlue, American to rework alliance after legal setback

BLOOMBERG JetBlue Airways Corp and American Airlines Group Inc are seeking to keep components of their US Northeast operating alliance intact while winding down other elements, part of a high-stakes antitrust battle playing out in court. The airlines want to keep codeshare and loyalty agreements in place, but are willing to stop joint scheduling and sales, they said in a ...

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Ashley’s Frasers buys $94million stake in online retailer AO World

BLOOMBERG Frasers Group Plc has bought an 18.9% stake in online electronics retailer AO World Plc, as Mike Ashley’s retail empire keeps up its acquisitive streak. Frasers has spent £75 million ($94 million) on the stake as part of a strategic partnership with AO World after two years of talks, according to a statement. The deal will help Frasers expand ...

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EasyJet cancels 100 flights at Gatwick

BLOOMBERG EasyJet Plc cancelled about 100 flights to and from London Gatwick Airport between June 11 and June 12 because of thunderstorms that hit southern England. Flight-tracking site FlightAware showed that EasyJet was the No 1 airline for disruptions, with 70 cancellations and 294 delays on June 11 and 26 cancellations and 181 delays. Gatwick said it canceled 48 outbound ...

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