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Lufthansa, Air China sign route joint venture deal

  Bloomberg Deutsche Lufthansa AG and Air China Ltd. signed a cooperation agreement that will enable the Star Alliance members to take on competition from the rival Skyteam partnership on China-Europe routes and boost earnings. The flag carriers of Germany and China plan to increase coordination on flight schedules and expand code-sharing on China-Europe flights when the venture takes off ...

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Airbnb lures France travellers while hotels lose on terror fears

  Bloomberg Airbnb Inc. gained market share in France, the world’s most visited tourist destination, despite a string of terrorist attacks that depressed bookings at traditional hotels. The San Francisco-based company’s apartment-sharing website drew 3.6 million travelers to France in June, July and August, 86 percent more than in the same period a year ago, it said in a statement ...

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Fastjet drops Airbus jets for Embraer

  Bloomberg Africa-focused discount airline Fastjet Plc will switch to a fleet of Embraer SA regional jets from larger Airbus Group SE planes as new Chief Executive Officer Nico Bezuidenhout seeks to stem losses by better matching capacity to demand. The fledgling carrier also plans to move its headquarters to Johannesburg from London to pare expenses and bring the company ...

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