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British consumers defy weak economy outlook

LONDON / Reuters British consumers are still driving the country’s recovery despite a gloomier outlook for the economy and the approach of the European Union membership referendum, figures showed. Official data showed retail sales fell more gently than expected in February after a bumper January. A separate survey by the Confederation of British Industry (CBI) showed sales volumes fell slightly ...

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Oman to increase air traffic fees in state revenue push

MUSCAT / Reuters Oman’s Public Authority for Civil Aviation (PACA) will raise fees charged for air traffic through the sultanate, the authority’s chief executive Mohammed al-Zaabi told the official Oman News Agency. The decision is part of a series of steps by Oman to strengthen state finances as it grapples with a big budget deficit caused by low oil prices. ...

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Airbus unveils new cabin brand, adding more seats to planes

Bloomberg European planemaker Airbus has unveiled a new cabin brand designed to help cost-conscious airlines carry more passengers on long-haul flights while avoiding additional discomfort. The move reflects the rivalry between major planemakers to jazz up interiors and give airlines more flexibility on cabins as the industry struggles to capture more traffic without angering passengers. Airbus said the “Airspace by ...

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