Bloomberg Canada will nearly double its limit on foreign ownership of airlines as part of an overhaul of transportation rules, raising it to 49 percent from 25 percent while retaining other restrictions. Transport Minister Marc Garneau announced the changes in Montreal, saying the government would immediately increase the ownership threshold to 49 percent for Canada Jetlines Ltd. and Enerjet ...

  Bloomberg Singapore Airlines Ltd. said it will be vigilant on costs as it warned yet again that the weak operating outlook is likely to persist amid excess capacity and aggressive pricing by competitors. The prospects for most major economies remain ‘tepid,’ while passenger airline business continued to be impacted by geopolitical uncertainty and weak global economic conditions, Singapore Air ...

  Bloomberg EasyJet Plc directors are in early-stage talks about relaxing executive bonus targets in order to hang on to Chief Executive Officer Carolyn McCall and other top managers as a capacity glut and the Brexit vote put the U.K. carrier’s earnings under pressure, people familiar with the plans said. The EasyJet board wants to make pay goals more achievable ...