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Turkey exempted from laptop ban as Mideast hubs await relief

Bloomberg Turkish Airlines said it expects measures barring large electronic devices from the cabins of aircraft leaving Istanbul for the US to be lifted on Wednesday, while long-haul competitor Emirates is counting on the restrictions being removed from its Dubai hub in the near future. Shares of Turkish Air rose 2.4 percent following the comments from Chief Executive Bilal Eksi ...

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Air France whips short-sellers after bookings recovery

Bloomberg Short-sellers who circled Air France-KLM Group earlier this year found themselves in a fight-or-flight moment, and they’ve fled. Europe’s largest airline has more than doubled in share price since the start of 2017, indicating the carrier has won the battle. Short interest has tapered to just 1.1 percent of shares outstanding on June 30 from this year’s peak of ...

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TUI weighs resurrecting Air Berlin leisure carrier

Bloomberg TUI AG is considering resurrecting efforts to form a joint venture with Air Berlin Plc and Etihad Aviation Group by taking a bigger role in the endeavour than originally planned, according to people familiar with the situation. TUI is studying whether to take a majority stake or even full ownership of the proposed leisure airline — which was intended ...

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