Bloomberg After two years of insisting that Brexit has had no impact on flight bookings, UK airlines are starting to see the first evidence to suggest sales are taking a hit. Virgin Atlantic Airways Ltd. and discount operator Jet2 have said demand is being depressed by the weaker pound, a trend that could deepen as UK political opposition threatens to ...

Bloomberg Airline stocks extended this month’s rebound, outperforming the broader market after Spirit Airlines Inc.’s upbeat outlook suggested the industry’s turnaround may be gaining momentum. Spirit surged as much as 22 percent, the most on record, and the S&P Supercomposite Airlines Industry Index was up nearly 2 percent. The S&P 500 Index was little changed. The airline index, which does ...

Bloomberg A malfunctioning sensor at the centre of the investigation into the October 29 crash of a Lion Air jetliner into the Java Sea wasn’t repaired before the fatal flight even though it had failed on the plane’s previous trip, according to a preliminary investigative report. A mechanic worked on other sensors and equipment during a night shift before the ...