Geneva / Emirates Business The International Air Transport Association (IATA) released demand growth results for global air freight markets showing a 14% expansion measured in freight tonne kilometers (FTKs) compared to the same period last year. This was the fastest pace of growth recorded since October 2010. Freight capacity, measured in available freight tonne kilometers (AFTKs), grew by 4.2% …

  RIYADH / Reuters State-owned Saudi Arabian Airlines (Saudia) has started the sale of its medical services business in Jeddah, valued at around $500 million, as part of a drive to reduce non-core assets, sources familiar with the matter said. The medical business, which is called Saudia Medical Services and owns a major hospital, could be attractive for investors as …

  Bloomberg J Sainsbury Plc is struggling to keep up with supermarket rivals and discounters in a UK grocery market under pressure from a Brexit-induced fall in the pound. Data from researcher Kantar Worldpanel showed on Wednesday that as well as lagging the growth of cut-price grocers Aldi and Lidl, Sainsbury’s food sales are also trailing rivals Tesco Plc and …