Bloomberg Cathay Pacific Airways Ltd. shares tumbled in Hong Kong to the lowest level in more than seven years after Asia’s biggest international carrier scrapped its profit outlook and said it is conducting a “critical review” of its business. The stock fell 4.7 percent to HK$10.26 on Thursday, the lowest level since July 2009, making Cathay Pacific the day’s …

  Bloomberg Qantas Airways Ltd. will begin daily flights between Sydney and Beijing next year, returning to the route for the first time since the global financial crisis, as a record number of Chinese tourists visit Australia. Daily services, code-shared with Chinese partner China Eastern, will start Jan. 25 next year, the Australian airline said in a statement Thursday. Qantas …

  Bloomberg Boeing Co. landed a deal to sell a dozen 787 Dreamliners to China Southern Airlines Co., bolstering support for its marquee carbon-fiber jetliner in an otherwise tough market for twin-aisle aircraft. The order by Asia’s biggest carrier by passenger volume is valued at $3.2 billion according to list prices, although carriers typically negotiate discounts. It comes less than …