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American deal removes hurdle to Republic’s bankruptcy exit

  Bloomberg Republic Airways Holdings Inc. reached a deal to continue providing regional flights for its largest customer, completing its third pact with the biggest US carriers and removing an obstacle on the path to exiting bankruptcy. The agreement with American Airlines Group Inc. is critical because the world’s largest carrier accounts for about half of Republic’s revenue, the bankrupt ...

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Air France-KLM to transform airline

Bloomberg Air France-KLM Group will overhaul its restructuring efforts, moving away from the previous chief executive’s strategy that strained relations with pilots, to a more conciliatory approach called “Trust Together,” reports said. Jean-Marc Janaillac, who became CEO in July, will unveil the program in November that seeks to lower costs as well as rebuild trust between management and labor, and ...

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Cathay Pacific is world’s least-favourite airline stock

  Bloomberg Cathay Pacific Airways Ltd. has collected an unwanted title. Equity strategists have less enthusiasm for the carrier than any other member of the Bloomberg World Airlines Index, according to a ranking of analyst ratings. Cathay shares have tumbled 11 percent this month, falling to a record low versus Hong Kong’s Hang Seng Index on August 22, as brokerages ...

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