Bloomberg Letko Brosseau & Associates Inc, one of Air Canada’s largest shareholders, says the terms of the government’s rescue package are fair and the airline’s stock could rise about 50% from current levels once the pandemic eases. Canada’s largest carrier reached a deal with the federal government for loans and equity worth C$5.9 billion ($4.7 billion). The company will get …

Bloomberg United Airlines Holdings Inc is forming a coalition of companies willing to contribute funds to increase the use of sustainable aviation fuels, including a first group of 11 that will purchase 3.4 million gallons this year. The airline also said that it’ll invite travellers to donate money to buy sustainable fuels or to contribute towards research to increase the …

Bloomberg Stocks rise and US futures were steady as traders turned their attention to earnings reports from companies including JPMorgan Chase & Co. and Goldman Sachs Group Inc. European equities edged higher on mixed results, with LVMH climbing on better-than-forecast revenue, while Barclays Plc and Tesco Plc slipped. Most Asian stocks climbed, although shares dipped in Japan amid concerns about …