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Flying gets riskier in India as safety incidents surge

  Bloomberg It’s getting increasingly unsafe to fly in the world’s fastest-growing aviation market. Air safety incidents that prompted regulatory action reached 280 this year, beating the 275 all of last year, data from the Directorate General of Civil Aviation showed. At this pace, the number may rise to more than 400 by the end of 2016, making it the ...

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The key driver of US recovery still intact

  Bloomberg When US retail sales came in lower than expected last week, some began to worry that the average consumer wasn’t as strong financially as previously believed, but according to analysts at Macquarie Capital Markets Ltd., this is just a blip on the radar. While there are a number of reasons for consumers to be more cautious with political ...

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Fired Turkish Air CFO sues carrier as link to Gulen denied

  Bloomberg Former Turkish Airlines Chief Financial Officer Coskun Kilic said he’s suing to be reinstated to the job following a “completely unfair” mass firing at the carrier last month that was part of a government purge against alleged coup plotters. The lawsuit, which Kilic said he filed in an Istanbul administrative court last week, demands that the state-controlled carrier ...

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