Bloomberg India is banking on sustainable fuel-powered airlines and increased digitisation in airports to clean up aviation as the nation prepares for a net carbon zero future by 2070. India will have 96 airports that will be carbon neutral and run on renewable energy by 2024, Civil Aviation Minister Jyotiraditya Scindia said at an event, adding all future airports ...

  Bloomberg Cebu Air Inc, the Philippines’ largest carrier, will fully restore its pre-pandemic domestic capacity next month as virus restrictions ease, Chief Executive Officer Lance Gokongwei said. “The travel and tourism sector is well on its way to recovery,” Gokongwei said in a company event in Cebu province, citing increased bookings. Flights from Manila to key local destinations like ...

  Bloomberg Ted Baker Plc’s board rejected two bids from private equity fund Sycamore Partners Management LP, the most recent one for about 254 million pounds ($334 million). Sycamore offered 130 pence a share and raised that to 137.5 pence a share, Ted Baker said. The second bid was 9% higher than the closing price. The shares fell as much ...