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British Airways forms joint biz with investor Qatar Air

  Bloomberg British Airways parent IAG SA and its largest shareholder Qatar Airways agreed to set up a joint business that will see them code-share on flights linking dozens of destinations while operating a joint timetable and sharing revenue and costs on services between London and Doha. The deal, which comes into effect on Oct. 30, will see British Airways ...

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Japan’s new passenger plane completes flight

  Bloomberg Mitsubishi Aircraft Corp., the builder of Japan’s first domestically made passenger jet, said its first test aircraft arrived in the US after two aborted attempts last month, ready to start certification testing. The plane arrived at Grant County International Airport at Moses Lake, Washington, at 5:44 p.m. local time from Anchorage, said Reiko Iechika, a spokeswoman for the ...

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‘Brexit set to weigh on profit for four years’

  Bloomberg Ryanair Holdings Plc Chief Executive Officer Michael O’Leary said the fallout from Britain’s decision to quit the European Union will weigh on the discount carrier’s profit for as long as four years. The process of the UK negotiating its way out of the bloc, which could take two to four years, is set to depress yields, a measure ...

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