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VietJet profit gains on more routes and overseas growth

Bloomberg VietJet Aviation JSC, the Vietnamese carrier that handed Boeing Co. a $12.7 billion aircraft order this month, said second-quarter profit jumped after more people flew its international flights. Second-quarter pretax profit rose 44 percent from a year earlier to $41 million, said Nguyen Thi Phuong Thao, VietJet’s founder and chief executive officer. Revenue gained 52 percent to 8.6 trillion ...

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Thomas Cook shares soar as prospects firm up for an airline deal

Bloomberg Thomas Cook Group Plc shares rose the most in more than two months after the UK tour operator confirmed it’s open to a possible deal for its airline business. “While we are open to consolidation where it makes sense for our business, we have no current plans to sell our airline,” Thomas Cook spokesman Johannes Winter said by e-mail ...

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MH370 was ‘manipulated’ off course to its end, says report

Bloomberg Malaysia Airlines Flight 370, missing since 2014, was probably steered off course deliberately and flown to the southern Indian Ocean, according to the Malaysian government’s safety report into the disaster. MH370 vanished on March 8, 2014, en route to Beijing from Kuala Lumpur with 239 people on board. Investigators have never been able to explain why the jet abandoned ...

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