Bloomberg South African Airways (SAA) is seeking 16 billion rand ($1.1 billion) in long-term funding that the unprofitable government-owned carrier said will be used for working and capital expenditure and to help manage outstanding debt. The airline will need to access the funding two weeks after the signing of loan documentation, SAA said in a request for proposals from ...

  Bloomberg ANA Holdings Inc., which has cancelled more than a dozen Dreamliner flights since last week, found broken turbines on three 787 planes with Rolls-Royce Holdings Plc engines as part of its investigation into the motors of the Boeing Co. planes. The broken turbine parts damaged other sections in the engine when they snapped off, Maho Ito, a spokeswoman ...

  Bloomberg BOC Aviation Ltd., the aircraft leasing unit of Bank of China Ltd., reported a 24 percent increase in profit in the first half of the year as growth in travel boosts demand for planes. Net income in the six months through June rose to $212.2 million, compared with $171.5 million a year earlier, the company said in a ...