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Singapore Airlines to diversify with budget airlines

  Bloomberg When you think of Singapore Airlines Ltd., visions appear of cushy premium cabins and bespoke leather seats. It’s all that, yes. But the luxury carrier is working hard to diversify with budget airlines under its corporate banner. It owns low-cost carrier Scoot; 49 percent of Vistara, a joint venture in India with Tata Sons Ltd.; and NokScoot, a ...

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US consumer spending growth slows

  Bloomberg Consumer spending in the US rose less than forecast in November as after-tax incomes adjusted for inflation declined for the first time since October 2013. Purchases increased 0.2 percent after rising a revised 0.4 percent in October, Commerce Department figures show. The median forecast in a Bloomberg survey called for a 0.3 percent advance. Real disposable income, or ...

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One in eight airline pilots show symptoms of depression

  Bloomberg Data on depression rates among pilots have been hard to come by, but a new study that surveyed active pilots found that nearly 13 percent met the threshold for depression — and about a third as many reported having suicidal thoughts. Why it matters: The 2015 crash of Germanwings Flight 9525, which was caused intentionally by a co-pilot ...

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