Bloomberg Letko Brosseau & Associates Inc, one of Air Canada’s largest shareholders, says the terms of the government’s rescue package are fair and the airline’s stock could rise about 50% from current levels once the pandemic eases. Canada’s largest carrier reached a deal with the federal government for loans and equity worth C$5.9 billion ($4.7 billion). The company will get ...

Bloomberg United Airlines Holdings Inc is forming a coalition of companies willing to contribute funds to increase the use of sustainable aviation fuels, including a first group of 11 that will purchase 3.4 million gallons this year. The airline also said that it’ll invite travellers to donate money to buy sustainable fuels or to contribute towards research to increase the ...

Bloomberg China criticised the US for sending a group of former officials to Taiwan, saying the move will only add to mounting tensions. Two former deputy secretaries of state, Richard Armitage and James Steinberg, and former Senator Christopher Dodd arrived in Taipei on Wednesday as part of a White House delegation marking the 42nd anniversary of the Taiwan Relations Act, ...