Bloomberg Air travellers globally are bracing for higher fares after Opec decided last month to cut output. Not in India, the world’s fastest-growing major aviation market. Carriers cut fares in November, selling tickets about 12% cheaper on average for Mumbai-New Delhi flights from a year ago, according to Yatra.com, India’s No. 2 online travel agency. The steepest discounts were ...

  Bloomberg Boeing Co. is making deeper job cuts in its commercial airplane business and planning further reductions for 2017, citing “fewer sales opportunities and tough competition.” The US planemaker will trim the workforce in its largest division by 8 percent by the end of this year compared with the January level, Boeing Vice Chairman Ray Conner and Kevin McAllister, ...

  Bloomberg Flybe Group Plc, Europe’s biggest regional airline, appointed Christine Ourmieres-Widener as its chief executive officer, succeeding Saad Hammad, who stood down in October after struggling to lift earnings. Ourmieres-Widener, an executive at Air France before she ran fellow regional operator CityJet Ltd. between 2010 and 2015, takes over Jan. 16, Flybe said in a statement on Tuesday. She’ll ...