Bloomberg Two and a half years after SpiceJet Ltd was forced to ground its entire fleet on its inability to pay a mere US$2.2 million in fuel bills, the budget airline has become the world’s best-performing airline stock — with US$26 billion in plane orders to boot. The company’s co-founder and Chairman Ajay Singh has played the white knight, injecting …

Bloomberg Thai Airways International Pcl said it plans to modernize its fleet by replacing almost 30 older aircraft over the next five years, adding to the climbing demand for planes in Asia. The state-run airline is seeking new generation aircraft offering greater comfort and fuel efficiency, and is talking with both Airbus SE and Boeing Co., Chairman Areepong Bhoocha-Oom said …

Bloomberg American Airlines Group Inc. will find a new supplier to make uniforms for 70,000 employees, following thousands of complaints by flight attendants who said the current outfits were making them ill. The carrier is selecting a new provider and won’t renew its contract with Twin Hill, a unit of Tailored Brands Inc., American said in a letter to employees. …