Bloomberg Private air travel is getting the Uber treatment with some of the industry’s biggest customers investing $26.1 million in a company that lets users book private jets from a smartphone. Most private aircraft aren’t used that much, JetSmarter founder Sergey Petrossov, a Russia-born Florida resident, said in an interview. They either stand idled at airports or are flying empty …

Bloomberg Domodedovo International Airport bonds pared the steepest drop on record after chairman and owner Dmitry Kamenshchik was put under house arrest instead of jail and a prosecutor said the charges against the businessman are unlawful. The bonds fell the most on record recently and the yield surged 294 basis points to 9.38 percent, the highest since March, after investigators …

Reykjavík / Relaxnews Iceland’s flag carrier has launched a new Wi-Fi service that lets passengers stay connected for the duration of its flights, including takeoff and landing. As any regular air traveller knows, electronic devices must currently be switched off during takeoff and landing. Even on board planes already equipped with Wi-Fi, passengers are asked to wait until the plane …