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Avianca counters slump worries with cash-rich deal

  Bloomberg Avianca Brasil is pushing ahead with plans to overhaul its aircraft fleet as the closely held carrier shakes off worries over the deep Brazilian recession and looks ahead to projections of rapid growth in Latin American air travel. Synergy Aerospace Corp., the airline’s owner, agreed to buy 62 narrow-body planes from Airbus Group SE’s A320neo family, the companies ...

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Top American airlines jump most since 2014

  Bloomberg US airlines surged by the most since late 2014 after Deutsche Bank AG recommended buying shares in the three largest carriers. American Airlines Group Inc., Delta Air Lines Inc. and United Continental Holdings Inc. will rebound as they advance “in fits and starts” toward halting a slide in passenger revenue for each seat flown a mile, a key ...

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Delta Air to cut major flights to Britain

  New York / AFP Delta Air Lines has announced that it will cut back flights serving Britain this year in the wake of the country’s vote to pull out of the European Union. Delta said it plans to reduce capacity on service between the US and Britain by six percent this winter, citing the steep drop in the British pound ...

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