American Air borrowing $7.5 billion in loyalty-backed debt
American Airlines Group Inc. is kicking off a $7.5 billion sale of bonds and leveraged loans backstopped by its frequent-flyer program, capitalizing on low borrowing…
Lufthansa embraces rail alternative amid emissions pressure
Deutsche Lufthansa AG and German state railway Deutsche Bahn AG will cooperate on express-train services that could replace short-haul flights amid heightening concern about aviation’s…
Brexit border checks on food could be delayed under U.K plan
The U.K. government is considering postponing the introduction of border checks on imports from the European Union to reduce the risk of disruption to supply…
Senior plans to add hundreds of staff for Airbus A320 ramp up
Aerospace supplier Senior Plc said it expects to hire several hundred new staff in the second half of this year as major customer Airbus SE…
Kenya delays plan to sell road bonds backed by fuel levy
Kenya has postponed plans to raise funds for road building through selling bonds backed by a fuel levy, citing the need to complete ongoing works…
China vows to expand legal ‘toolkit’ to fight US sanctions
Beijing pledged to speed up legislation aimed at countering U.S. sanctions, as it seeks to narrow Washington’s advantages in disputes after the Trump administration levied…
US extends tariff exclusion on China virus supplies 6 months
The U.S. is extending exclusions on tariffs for face masks, cleaning supplies and other personal protective equipment from China for six months, providing protection against…
Sequoia-backed driverless truck startup seeks SPAC merger
Self-driving truck startup Plus is in advanced talks with a few special purpose acquisition companies for a merger, as it seeks to bankroll its expansion…
GE nears deal with AerCap to create behemoth aircraft lessor
General Electric Co. is nearing an agreement to combine its jet-leasing business with Ireland’s AerCap Holdings NV, said people familiar with the matter, in a…
China’s soaring exports show strong demand a year after lockdown
China’s exports surged in the first two months of the year, reflecting strong global demand for manufactured goods and with figures partly skewed by the…
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