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Qantas Airways says overseas rivalry easing

  Bloomberg Qantas Airways Ltd. predicted rivals would slow capacity growth by more than half, easing competition for the Australian flagship carrier on international routes. Overseas carriers are projected to increase capacity by about 5 percent in the fiscal second half ending June, Sydney-based Qantas said in a statement . That compares with the 11 percent capacity growth that Qantas ...

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Delta mulls delaying $3bn Airbus order

  Bloomberg Delta Air Lines Inc. is considering postponing delivery of 10 Airbus SE A350 jetliners valued at about $3 billion, even as the carrier prepares for the first arrival of the new flagship aircraft, people familiar with the plans said. While Delta will take five A350-900s this year as planned, it wants to postpone deliveries slated for 2019 and ...

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RBI to clean up $180bn of soured loans from banks

  Bloomberg India’s financial regulator will gain new powers to order banks to clean up as much as $180 billion of soured loans on their balance sheets, which has been choking credit and weighing on growth. With the new rules bolstering its regulatory authority, Reserve Bank of India, is seeking to resolve the country’s 60 largest delinquent-loan cases in about ...

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