Bloomberg Jazeera Airways’s board approved a deal to purchase of 28 narrow-body planes from Airbus SE as the Kuwaiti carrier expands its network to include long-haul routes. The value of the agreement is $3.4 billion and comprises 20 A320neos and eight A321neos, according to a statement. The companies had signed the pact at the Dubai Airshow in November. Jazeera, ...

  Bloomberg Airbus SE said it will make a flying-taxi model available for sale only when the technology is mature, despite rival designs racking up hundreds of conditional orders at a similar stage of development. The CityAirbus NextGen, unveiled last September following a revamp to an earlier blueprint, will fly by the end of next year once remaining technical challenges ...

  Bloomberg LVMH SE shares surged after the luxury giant bounced back from the depths of the pandemic as customers snapped up items ranging from Christian Dior couture to Hennessy cognac. Revenue last year totaled 64.2 billion euros ($71.6 billion), the Paris-based company said, topping the previous record set in 2019, before Covid-19 lockdowns closed stores and kept shoppers stuck ...