Tokyo / Bloomberg Japan Airlines Co. expects operating profit of at least 200 billion yen ($1.8 billion) in the financial year that begins in April, according to two people familiar with the situation. The profit forecast compares with 204 billion yen in operating profit expected in the fiscal year that ends in March. The country’s second-largest airline will update its ...

Cape Town / Bloomberg South African Airways (SAA) will cancel a code- sharing agreement with Etihad Airways PJSC as the unprofitable carrier prepares to end direct flights between its home base in Johannesburg and Abu Dhabi, less than a year after introducing the route. SAA and Etihad signed a route-sharing partnership in May 2013 before expanding the alliance with additional ...

Bloomberg Airlines are extending leases on gas- guzzling four-engine planes on a bet that fuel prices will stay low for as long as the next three years, the world’s biggest airplane lessor said on Thursday. “We’re getting a boost we did not think we would get,” AerCap Holdings NV Chief Executive Officer Aengus Kelly said in an interview on Thursday ...