Sunday , 8 February 2026

Recent Posts

Chinese airlines mull teaming up for 737 Max compensation

Bloomberg China’s biggest airlines are considering banding together to seek compensation from Boeing Co for the disruption caused by the grounding of the US aircraft manufacturer’s 737 Max, people with knowledge of the matter said. Air China Ltd, China Southern Airlines Co and China Eastern Airlines Corp are exploring their legal options on how to coordinate their claims, according to …

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Amazon leads a $575mn funding round in Deliveroo

Bloomberg Amazon.com Inc is leading a $575 million investment in Deliveroo, buying a slice of the fast-growing startup to propel its drive into the European food and groceries business. The US online retail giant will be joined in the Series G funding round by existing backers T Rowe Price, Fidelity Management and Research Co and Greenoaks, Deliveroo said in an …

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Air Canada in talks to buy Transat airline for $387mn

Bloomberg Air Canada said it’s in exclusive talks to buy one of the country’s largest travel tour operators, Transat AT, for about $387 million amid a wave of consolidation in the Canadian airline industry. The country’s largest airline said in a statement it was prepared to pay C$13 a share for the Montreal-based company, a 23 percent premium to Transat’s …

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