Bloomberg Days after Stanley Deal took the helm of Boeing Co’s jetliner business last month, he was winging across the globe to meet with the airline bosses most shaken by the deadly crashes that have plunged the manufacturer into crisis. Deal spent the October 29 anniversary of the first of two 737 Max crashes with Rusdi Kirana, founder of Indonesia’s …

Bloomberg South African Airways (SAA) officials will be summoned to a meeting with regulators next month to disclose details about talks with potential equity partners and give assurances that any deal won’t violate foreign-ownership laws. Under the Air Services Licensing Act of 1990, airlines must be at least three-quarters owned by South Africans to operate a domestic service. That would …

Bloomberg JC Penney Co shares surged after the company raised its profit forecast, even amid another quarterly sales decline, as the battered department-store chain’s turnaround plan gains more time to play out. Excluding some items, earnings before interest, taxes, depreciation and amortisation will exceed $475 million this year, up from a previous forecast of between $440 million and $475 million. …