Paris / Bloomberg Airbus Group SE is close to selling off its remaining holding in Dassault Aviation SA as the European aircraft maker disposes of assets to focus on its core businesses, people familiar with the matter said. Airbus is working with advisers, and a sale could come as soon as this week, the people said, asking not to ...

  Dubai / AFP Bahrain’s struggling carrier Gulf Air said on Thursday it reduced losses by 62 percent last year as a result of the company’s restructuring. Losses fell from 62.7 million dinars ($166.29 million) in 2014 to 24.1 million dinars ($63.92 million) last year, Gulf Air said in a statement. “I am delighted with these results. 2015 delivered the ...

  New York / Bloomberg Iberia suspended its route to Africa’s biggest economy on May 12, followed by United, which informed employees that it would end flights from the US to Nigeria at the end of June because of a lack of demand and trouble collecting payments. British Airways and Emirates have said they are facing difficulties obtaining outstanding air ...