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Ryanair plans for 5,000 new European jobs as Covid eases

Bloomberg Ryanair Holdings Plc plans to create 5,000 European jobs over the next five years as the airline returns to growth following the coronavirus slump. The Dublin-based carrier will need to add aviation crew to meet demand from an expanded Boeing Co 737 fleet, unit Chief Executive Officer Eddie Wilson said in an emailed statement. The airline expects passenger numbers ...

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On Running’s IPO beats target to raise $746m

Bloomberg The maker of On Running performance shoes priced its US initial public offering above a marketed range to raise $746 million. On Holding AG and some of its investors sold 31.1 million shares for $24 each, according to a statement confirming an earlier report by Bloomberg News. The company had marketed the shares for $20 to $22 each. The ...

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Avianca wins court approval to send bankruptcy exit plan

Bloomberg Avianca Holdings SA won court approval to send its reorganisation plan to creditors for a vote, bringing the Colombian air carrier one step closer to exiting bankruptcy under new ownership. Lenders and noteholders who agreed to refinance their debt at the beginning of Avianca’s bankruptcy case last year will get 72% of the airline’s equity in exchange for canceling ...

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