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Etihad tells travellers to check with US mission before flying

  DUBAI / Reuters Etihad Airways is advising some passengers to run travel plans by United States diplomatic missions after President Donald Trump signed a revised executive order banning visits by nationals of six Muslim-majority nations. Monday’s order, which takes effect on March 16, keeps a 90-day ban on travel to the United States. by citizens of Iran, Libya, Syria, ...

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Airlines drop as Delta cuts outlook for pricing-power gauge

  Bloomberg Delta Air Lines Inc. cut its forecast for a key revenue figure after fares failed to rebound as quickly as the company had expected. Airline stocks fell. Passenger revenue for each seat flown a mile — a closely watched measure of pricing power — will be flat this quarter, the Atlanta-based carrier said in a presentation. That marked ...

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Vodacom Tanzania begins IPO as MD sees acquisitions, mergers

  Bloomberg Vodacom Group Ltd.’s Tanzanian unit will begin an initial public offering on Thursday, the first in a series of listings expected on the domestic exchange that may spur mergers and acquisitions, Managing Director Ian Ferrao said. The company plans to raise 476bn shillings in an offering of 560mn shares at 850 shillings each, according to a prospectus issued ...

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