New York / Bloomberg Allegiant Airlines is taking advantage of a regulatory decision lifting some flight restrictions at Newark Liberty International Airport in New Jersey, starting service to four destinations in November. It will be Allegiant’s first flights in the New York City market, said Lukas Johnson, a vice president for parent Allegiant Travel Co. The carrier will fly ...

  Ankara / Bloomberg Short sellers are targeting Turkish Airlines as it presses on with expanding capacity while the country’s tourism industry withers. As much as 13.8 percent of the company’s shares that are available for trading are out on loan to short sellers betting they will fall in value, according to Markit Ltd. That’s the highest on record for ...

  Few analysts following developments at the Nuclear Suppliers Group (NSG) plenary in South Korea expected India’s membership bid to sail through. As the dust settles, what is clear is that Xi Jinping’s China differs considerably from Hu Jintao’s China. The latter did not want to stand alone; the former is on the path to establishing China as the challenger ...