Bloomberg Warren East’s reboot of struggling industrial giant Rolls-Royce Holdings Plc gathered pace as the aircraft-engine maker’s first-half profit more than doubled, aided by the chief executive’s restructuring plan. At the same time, East left his 12-month outlook for “modest” performance improvements unchanged in guidance on Tuesday, warning that the London-based company faces production hurdles in the second half that ...

Bloomberg The major US airlines that allege unfair competition by Persian Gulf rivals can’t show that new flight routes are costing US jobs, allies of the Middle Eastern carriers told Secretary of State Rex Tillerson. Opening discussions with the governments of the United Arab Emirates and Qatar over trade claims could hurt travel and tourism and encourage other countries to ...

Bloomberg Flybe Group Plc, Britain’s biggest regional airline, said it’s pursuing 10 to 20 more partnership agreements with major airlines following its introduction of flights to London’s Heathrow airport in March. The stock rose as much as 6 percent. The services from Edinburgh and Aberdeen offer bigger carriers the chance to tap Scottish markets by striking code-share deals that let ...