Bloomberg Air Canada’s top executive turned up the heat on Aimia Inc. to accept its buyout offer for a Canadian frequent-flyer programme, warning that $1.5 billion in unpaid rewards liability would scare off any other suitors. The airline’s chief executive officer, Calin Rovinescu, said he’ll immediately restart talks with credit-card partners to create its own loyalty program if Aimia fails …

Bloomberg Ryanair Holdings Plc’s rivals smell blood in the discount giant’s confrontation with its pilots and cabin crew and have pitched ‘Hiring Now’ signs in a bid to siphon off disgruntled staff. British Airways is extending a pilot hiring drive “in light of industry news,” according to a recruitment manager’s post on LinkedIn, while EasyJet Plc, Britain’s biggest low-cost carrier, …

Bloomberg Amazon.com Inc. investors have traditionally given it a pass on money-losing quarters and narrow profit margins so long as revenue growth kept surpassing expectations. That dynamic flipped, propelling the 24-year-old company into a potentially steadier phase. Amazon reported a record second-quarter profit of $2.53 billion, or $5.07 per share. The Seattle-based company has generated net income of $4.16 billion …