Bloomberg Global airline earnings will fall less than previously forecast this year as Europe rebounds from a weak 2016 and Asian carriers tap a surge in cargo shipments, according to the industry’s main trade group. Net income is likely to total $31.4 billion worldwide in 2017, the International Air Transport Association said. While that’s $1.6 billion higher than suggested last ...

Bloomberg Airbus SE predicted that burgeoning demand for air travel will push jetliner sales to almost 35,000 aircraft over 20 years, about 6 percent more than previously forecast, with deliveries worth about $5.3 trillion to manufacturers. Passenger traffic is set to grow 4.4 percent annually over the period, slightly less than the 4.5 percent estimated last year. That will still ...

Bloomberg Singapore Airlines Ltd. said jobs are likely to be cut as part of a business review Southeast Asia’s biggest carrier has kicked off to revive earnings following a surprise quarterly loss. The premium carrier’s staff is aware headcount reduction is possible under the process, Chief Executive Officer Goh Choon Phong told reporters at the annual meeting of the International ...