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American sees exceeding profit forecast as global demand grows

BLOOMBERG American Airlines Group Inc said its second-quarter profit may exceed Wall Street projections as international demand builds headed into the peak summer season. Adjusted profit will be $1.20 to $1.40 a share in the quarter, American said in a statement, compared with an expected $1.13 a share on average from analyst estimates compiled by Bloomberg. The company reiterated its ...

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Long-range Airbus jets will put India within reach: Wizz Air

BLOOMBERG Wizz Air Holdings Plc said expansion into India will become possible with its new long-range Airbus SE A321 models, potentially opening up a lucrative vein of future growth as demand for air travel surges in the world’s most populous nation. “There’s great potential in India, as the country has seen an immense development,” Wizz Chief Executive Officer Jozsef Varadi ...

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Marcos vows stronger ties with US ahead of meeting with Biden

BLOOMBERG Philippine President Ferdinand Marcos Jr said he is “determined to forge an even stronger relationship” with the US ahead of a meeting with President Joe Biden in Washington. “We will reaffirm our commitment to fostering our long-standing alliance as an instrument of peace and as a catalyst of development in the Asia-Pacific region and the rest of the world,” ...

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