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Delta, United to near Avianca bids amid Elliott talks

  Bloomberg Avianca Holdings SA is studying options including the sale of a controlling stake and is set to receive bids next week from suitors including Delta Air Lines Inc. and United Continental Holdings Inc., people familiar with the matter said. The offers, due by November 9, may include about $500 million in new capital for Bogota-based Avianca, plus a ...

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Ryanair plans first Frankfurt flights

  Bloomberg Ryanair Holdings Plc plans to start flights from Frankfurt Airport, marking its first foray into one of Europe’s top aviation hubs and laying down a challenge to Deutsche Lufthansa AG, which has its main base there. Discount giant Ryanair will unveil the strategy at a joint press conference with airport operator Fraport AG on Wednesday, according to invitations ...

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Billionaire’s supersonic private-jet airline suffers engine fault

  Bloomberg Aerion Corp., backed by Texas billionaire Robert Bass, has hit a snag in one of the most crucial milestones toward building the first business jet able to fly faster than the speed of sound. The selection of an engine supplier for the plane, which Bass once said would occur in the first half of this year, is now ...

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