Bloomberg Sri Lanka’s new Prime Minister Ranil Wickremesinghe wants to sell the national airline, saying the country’s poorest people who’ve never flown shouldn’t be saddled with its losses. Finding a buyer might not be easy. SriLankan Airlines Ltd, which prior to the pandemic serviced 126 destinations in more than 60 countries, lost $125 million in the year through March …

  Bloomberg JetBlue Airways Corp is working with consultants to set targets for a new round of cost cuts, even as it prepares to meet surging consumer demand for travel. The airline expects to see “progressive improvement” in its cost performance throughout the rest of this year, following an operational meltdown in April that led to hundreds of flight cancellations …

  Bloomberg A new Australian airline backed by US investment firm 777 Partners pushed back its launch toward year-end, reflecting the difficulties of starting from scratch during Covid-19 and the global supply-chain crunch. Bonza’s first flights will be in the third or fourth quarter of 2022, as much as six months later than originally planned. Nailing down agreements with domestic …