Saturday , August 18 2018

Aviation

Ethiopian Air seeks to dominate Africa with new carriers, jet deal

Bloomberg Ethiopian Airlines Enterprise plans to establish half a dozen international offshoots before the end of the year as Africa’s biggest carrier steps up efforts to dominate markets across the continent. Ethiopian will take equity stakes in new operators in Zambia, Chad, Mozambique and Gambia while helping to manage existing ...

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Neighbour to the Queen no more, Rolls-Royce seeks cheaper HQ

Bloomberg Rolls-Royce Holdings Plc plans to quit its headquarters in one of London’s swankiest districts for cheaper offices as the company seeks to bring down long-term expenses and cover the more immediate costs of fixing a faulty jet-engine model. Rolls-Royce needs a “smaller, more cost-effective London head-office location” than the ...

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