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Russian pro-war writer hit by car blast

BLOOMBERG Russian pro-war novelist and politician Zakhar Prilepin was injured and his driver killed in a car bombing as he was returning from Ukraine’s occupied territories, according to media reports. The attack, which took place about 460 kilometres (285 miles) east of Moscow in the Nizhny Novgorod region, followed two high-profile bombing deaths of Russian war supporters in recent months. ...

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IAG boosts outlook after swinging to surprise profit in Q1

BLOOMBERG IAG SA raised its full-year earnings outlook after reporting a surprise profit in the typically weak first quarter, highlighting how the airline industry has rapidly bounced back from the depths of the pandemic slump. The parent company of British Airways and Iberia now expects operating profit to exceed the upper end of its previous guidance, which called for a ...

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Grounded Go Air can fly in a week if aircraft not seized, says CEO

BLOOMBERG Go Airlines India Ltd, which went under citing Pratt & Whitney engine failures, is optimistic about resuming flights within seven days if the bankruptcy court restrains lessors from taking back its aircraft. The airline, controlled by billionaire Nusli Wadia’s group, has enough funds to sustain operations on a cash-and-carry model for about 10 days, Chief Executive Officer Kaushik Khona ...

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