Bloomberg South Africa’s government has retained special voting rights in the country’s national carrier even after selling a majority stake, and will be given 3 billion rand ($186 million) in preference shares that can be redeemed through future cashflow. That means the state stands to benefit should new owner, the Takatso Consortium, revive a carrier that’s struggled under years of …

Bloomberg Wanted: Hundreds of people to sit in a plane for 20 hours. Must be willing to pay lots of money. Claustrophobes needn’t apply. Conceived prior to the Covid crisis, Qantas Airways Ltd’s plan to operate the world’s longest nonstop commercial flights from southeast Australia to New York and London is being resurrected in a much-changed aviation landscape, with global …

  Bloomberg A lawyer for American Airlines Group Inc urged a jury to award the carrier almost $300 million in overcharges and lost profits, arguing that Sabre Holdings Corp illegally dominated the market for booking airline tickets. “There’s one company in this travel business that doesn’t compete,” Paul Yetter told the jurors at the end of a three-week federal trial …