Bloomberg Instances of air rage on commercial flights increased again last year, and alcohol and drugs were involved in less than a quarter of cases, according to the International Air Transport Association. Some 10,854 incidents were reported to IATA by its member airlines in 2015, equating to one every 1,205 flights. That’s up from 9,316 incidents, or one every ...

  Bloomberg Airbus Group SE will combine all of its divisions into a single company in a major step toward simplifying a business that spans jetliners to space launchers as Chief Executive Officer Tom Enders seeks to cut costs and speed decision-making. Fabrice Bregier becomes chief operating officer for the group, making him No. 2 to Enders, while remaining head ...

  MANILA / AP The Asian Development Bank signed an agreement with the Swedish International Development Cooperation Agency (SIDA) on a risk-transfer scheme under which SIDA will guarantee $155 million out of ADB’s $455 million basket of five loans to India — a first for a sovereign loan portfolio for any multilateral development bank, the ADB announced on Monday. The ...