Bloomberg Air France-KLM expects a return to profitability for the full year and is adding transatlantic seats as an easing of travel rules revives prospects for the struggling carrier. The shares jumped after the airline group reported positive free cash flow in the third quarter and said it’s offering 70% to 75% of 2019 network capacity during the final three ...

Bloomberg Skechers USA Inc is considering strategic options for its Asia business, people with knowledge of the matter said. The Manhattan Beach, California-based shoemaker has held preliminary talks with advisers to evaluate possibilities including a Hong Kong initial public offering of the business, said the people, who asked not to be identified as the information is private. An IPO could ...

Bloomberg Long haul budget airline AirAsia X Bhd was officially categorised as a financially distressed company, giving the company a year to restructure its finances or risk losing its Malaysian listing. AirAsia X’s external auditor Ernst & Young issued a disclaimer of opinion on the airline’s audited financial statements for the 18-month period ended June 2021, the company said in ...