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Airbus gears up for growth with plans to add 6,000 staff

  Bloomberg Airbus SE plans to hire 6,000 new staff in the first part of the year, going some way toward restoring the European planemaker’s workforce following deep cuts during the Covid-19 pandemic. The manufacturer will add positions worldwide and across its aerospace, helicopter and defense & space units, according to a statement on Wednesday. The firm will reassess further ...

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Burberry sees 35% operating profit surge as sales accelerate

  Bloomberg Burberry Group Plc said sales accelerated and operating profit will probably surge about 35% this year as the British maker of trench coats and other luxury fashions sells more products at full prices. The company issued the earnings forecast as it reported better-than-expected revenue for the last three months of the year. Comparable store sales grew 7% in ...

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Garuda Indonesia restructuring faces delays

  Bloomberg Struggling airline PT Garuda Indonesia is facing a delay to its restructuring after creditors cited Covid-19 flare ups in seeking an extension to debt proceedings in the Southeast Asian country. Creditors of the flag carrier, which has seen business suffer due to the pandemic, have requested extensions ranging from 45 to 60 days, according to Jandri Siadari, a ...

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