Bloomberg Spring Airlines Co., China’s biggest budget carrier, plans to resume some flights to South Korea as easing tensions between the two neighbors encourage mainland tourists to return to the peninsula’s popular destinations. Relations between China and South Korea are better than a few months ago, and that should enable the airline to boost its services, Chairman Wang Yu told ...

Bloomberg InterGlobe Aviation Ltd., operator of India’s largest airline, has picked banks including Citigroup Inc., JPMorgan Chase & Co. and Morgan Stanley to work on an institutional share sale, according to people with knowledge of the matter. InterGlobe, which operates the IndiGo carrier, is planning the sale to help cut its owners’ stake to achieve the minimum public shareholding of ...

Bloomberg United Technologies Corp.’s Pratt and Whitney unit has been slow to incorporate promised cost savings techniques for the latest and biggest batch of engines to power F-35 jets, the Pentagon’s costliest weapons program, according to a new report. Pratt is producing 102 engines for the fighters built by Lockheed Martin Corp. under what’s now a $2.1 billion contract, including ...