Bloomberg Air China Ltd.’s parent is seeking private money for an air-cargo and logistics venture with planned total investment of $1.5 billion as part of Beijing’s mandate for state-owned firms to diversify their ownership. China National Aviation Holding Co., the state-owned controlling shareholder of Beijing-based Air China, is among companies looking for private partners under the nation’s so-called mixed-ownership reform, ...

Sharjah / Emirates Business Air Arabia, the Middle East and North Africa’s first and largest low-cost carrier (LCC), has announced that it has signed an agreement with SAP — a global market leader in enterprise application software for a new cloud-based Human Resources system. The new system “SAP SuccessFactors” will provide Air Arabia with advanced capabilities across all HR functions. ...

Bloomberg Ryanair Holdings Plc reached a new labour deal with protesting Irish pilots after a marathon negotiating session, pointing to the end of a dispute that’s disrupted travel for thousands of passengers across Europe. Shares of Ryanair rose the most in three months in Dublin, where the company is based, following 22 hours of discussions. The accord will now be ...