Thursday , 18 December 2025

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Kenya Air begins job cuts amid virus losses

Bloomberg Kenya Airways Plc started a three-month round of job cuts as lawmakers debate a bill to nationalise the carrier and its losses mount due to the impact of the coronavirus pandemic. The process is expected to be completed by September 30, Chief Executive Officer Allan Kilavuka said in a memo to employees, without providing the number of workers to …

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British Airways settles quarantine suit with UK government

Bloomberg British Airways parent IAG SA settled a dispute with the UK over a policy to force visitors to self-isolate for 14 days, agreeing to withdraw the London litigation when the government updated its plan. The agreement came together just four hours after proceedings began in London’s High Court. British Airways attorney Tom Hickman said the carrier agreed to drop …

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Rolls-Royce explores options to raise funds amid downturn

Bloomberg Rolls-Royce Holdings Plc, the British jet-engine maker, is exploring options to raise funds that would help fortify the company against a downturn in the aerospace industry. The London-based company is in the early stages of reviewing a range of options to strengthen its balance sheet, it said in a statement, confirming a Bloomberg News report. “No decisions have been …

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