Bloomberg Virgin Australia opened three small invitation-only airport lounges in Sydney, Melbourne and Brisbane, renewing its push under new owner Bain Capital into a business-travel market dominated by Qantas Airways Ltd. The lounges are accessed through unmarked doors and have a boardroom for guests and freebies such as meals and refreshments. Together, they seat fewer than 250 people, the ...

  Bloomberg United Airlines Holdings Inc jumped after forecasting a profit this year, overcoming a first-quarter loss as consumers increasingly ditch their pandemic-era habits and resume air travel. The carrier’s operating margin in the second quarter will be about 10%, according to a statement. Fuelled by booming leisure sales heading into the summer and “rapidly returning” business travel, the performance ...

Bloomberg Nestle SA reported a healthy gain in revenue as the world’s largest food company started the year with its strongest first-quarter pricing in more than a decade. Sales rose 7.6% on an organic basis in the first quarter, the company said. Analysts expected 5.1%. The figures exclude Russia, where Nestle has halted some activities. Food and beverage companies have ...