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India’s IndiGo all set to fuel growth this decade

BLOOMBERG IndiGo, India’s top airline with an operational fleet of 302 aircraft and an order book of nearly 500 jets, has ample capacity to fuel its growth as well as take on intensifying competition, according to its top executive. “IndiGo is in a very good spot,” Pieter Elbers, chief executive officer of InterGlobe Aviation Ltd said in an interview at ...

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GameStop surges after reporting first profit in two years

BLOOMBERG GameStop Corp reported a surprise profit in the fourth quarter and beat analysts’ estimates for revenue, sending the shares soaring about 42% in premarket trading and heading for their biggest intraday move in two years. Net income was $48.2 million, the first profit in two years, and compared with a loss of $147.5 million a year earlier, the Grapevine, ...

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Virgin Orbit resumes some of its operations to shake off crisis

BLOOMBERG Virgin Orbit Holdings Inc said it’s targeting “an incremental resumption of operations” after temporarily halting activities in the wake of a failed satellite launch a few months ago that threw the ambitious space program off course. “Our first step will begin on Thursday of this week, when we plan to return a subset of our team to focus on ...

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