Bloomberg Europe’s top airlines attacked EU plans to impose a region-wide kerosene tax as part of a sweeping new environmental strategy, calling the duty unnecessary and unfair and saying investment in sustainable fuels and electric planes would be more effective in reducing carbon emissions. Chiefs of four of the region’s biggest carriers raised their concerns with European Union Transport Commissioner ...

Bloomberg Creditors of Jet Airways India Ltd. have agreed to extend the deadline for submission of a resolution plan for the grounded Indian airline’s 146 billion rupees ($2.1 billion) of debt as the sole bidder for the company balks at making a binding offer, said a person familiar with the matter. The deadline for submission of a resolution plan for ...

Bloomberg Ted Baker Plc’s top management quit and the UK fashion chain suspended its dividend, triggering a plunge in the shares to the lowest since 2003. The power vacuum leaves Ted Baker floundering as it tries to contain the fallout from allegations against its founder, Ray Kelvin, and the overstatement of unsold goods. The shares fell as much as 36% ...