BLOOMBERG Canadian holidaymakers jetting south for spring break on red-eye flights with Flair Airlines Ltd were in for a surprise when the Boeing Co 737s they were about to board were seized by agents acting on behalf of a jet leasing firm that manages the planes. The episode emerged from a $50 million lawsuit filed by Flair in the Ontario …

BLOOMBERG John Lewis Partnership Plc is considering selling a minority stake, diluting its employee-owned structure, as the cost-of-living crisis puts pressure on the UK retailer to seek new investment. The company, which owns the high-end grocery chain Waitrose as well as its eponymous department stores, may explore a change in the company’s mutual structure so it can raise at least …

BLOOMBERG Aéroports de Paris (ADP) and GMR Airports Infrastructure Ltd agreed to fold their joint-venture company into GMR, giving ADP a liquid stake in a business that owns airfields in India. ADP and GMR Airports Infrastructure own 49% and 51%, respectively, of the unlisted GMR Airports Ltd, according to a statement from the French company, which operates Paris’s Charles de …