BLOOMBERG U.S. gasoline consumption is set to climb to a record this summer as the lowest pump prices in more than a decade encourage Americans to take to the roads. Demand, which typically peaks between the Memorial Day holiday in late May and Labor Day in early September, will average a record 9.5 million barrels during the second and ...

  Moscow / Bloomberg Irkut Corp., the maker of Su-30 fighter jets, is rolling out Russia’s first new full-sized airliner since the Soviet Union collapsed 25 years ago, in the country’s most direct challenge to commercial-plane industry leaders Boeing Co. and Airbus Group SE. The single-aisle MC-21, designed for 163 to 211 seats, was introduced to the public on Wednesday ...

  Bangkok / Bloomberg Thai Airways International Pcl is seeking an alliance with as many as 10 other Asian carriers in order to add destinations and counter a similar move grouping together several of its low-cost rivals. A series of bilateral accords could unite airlines from across the region to boost connectivity in India and China and smaller markets such ...