Bloomberg Air France-KLM Group said air fares will come under sustained pressure this summer amid a glut in capacity, making it tougher to maintain the pricing discipline that helped the company pare losses in the first quarter. Declining unit revenue, a measure that reflects average fares, wiped €119 million ($137 million) from earnings in the three months through March, ...

  Bloomberg TOA Group, controlled by Thailand’s Tangkaravakoon family, is considering an initial public offering of its paints and chemicals business, people with knowledge of the matter said. The company, which is Thailand’s number one paint producer, is working with banks on a possible share sale that could raise at least $400 million, one of the people said. A listing ...

  Bloomberg Sales of new private aircraft fell 16 percent in the first quarter from a year ago as demand weakened for the largest planes. Jet airplane billings were about $3.53 billion in the first quarter, down from $4.2 billion a year earlier, according to the General Aviation Manufacturers Association. That was the biggest decline in almost five years. Demand ...