Bloomberg Debt-laden UK travel giant Thomas Cook Group Plc secured the backing of its lending banks and bondholders for a $1.1 billion bailout led by Chinese investor Fosun Tourism Group. Fosun will provide half of the total in return for control of Cook’s tour-operator arm and a stake in its airline, the London-based holiday firm said. Banks and noteholders will …

Bloomberg American Airlines Group Inc is stepping up damage-control efforts with customers who have suffered multiple delays or cancellations as flight disruptions linger from a work slowdown by mechanics and bag handlers. Operations have improved each month since June, Kerry Philipovitch, senior vice president-customer experience, said at an aviation conference in Las Vegas. That’s when a federal court issued a …

Bloomberg Uganda Airlines made an inaugural flight to neighbouring Kenya, reviving a national carrier founded by former dictator Idi Amin and liquidated almost two decades ago. The carrier, initially founded in 1976 and wound up in 2001, plans commercial flights to major cities in Kenya, Tanzania, South Sudan and Somalia, Cornwell Muleya, a technical adviser at the carrier, said by …