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China’s jet lessor Calc weighs $3b asset sale

  Bloomberg China Aircraft Leasing Group Holdings Ltd (Calc) is considering selling some of its assets outside greater China that could raise about $3 billion in a transaction, according to people familiar with the matter. The Hong Kong-listed company is looking to divest around 40 aircraft and approximately 180 aircraft production slots, said the people, who asked not to be ...

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India proposes curbing import of private jets, copters to plug deficit

  Bloomberg India has proposed curbing the import of private jets and helicopters as the South Asian nation seeks to plug a widening trade deficit, according to a document from the country’s aviation ministry seen by Bloomberg. Any import of planes weighing more than 15,000 kilograms (33,100 pounds) unladen as well as turbo jets are also “non-essential” and shouldn’t be ...

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Fragrance industry remains luxury standout over demand

  Bloomberg Glassmaker Pochet du Courval SAS has been making perfume bottles for the world’s top beauty brands since before the telephone was invented, through countless consumer booms and busts. Executives at the French company say they have never been busier than they are right now. “The demand is just so strong that we can’t keep up,” said Yves Bouquier, ...

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