Bloomberg Fresh from selling a 25 percent stake in its Italian operations, Corporacion America Airports SA said it may bid on new airport projects in Brazil and plans to start construction on a new runway in Florence. Shares gained the most in two months. The expansion at the Florence airport will allow larger planes to land in one of the …

Bloomberg Air Canada’s top executive turned up the heat on Aimia Inc. to accept its buyout offer for a Canadian frequent-flyer programme, warning that $1.5 billion in unpaid rewards liability would scare off any other suitors. The airline’s chief executive officer, Calin Rovinescu, said he’ll immediately restart talks with credit-card partners to create its own loyalty program if Aimia fails …

Bloomberg Ryanair Holdings Plc’s rivals smell blood in the discount giant’s confrontation with its pilots and cabin crew and have pitched ‘Hiring Now’ signs in a bid to siphon off disgruntled staff. British Airways is extending a pilot hiring drive “in light of industry news,” according to a recruitment manager’s post on LinkedIn, while EasyJet Plc, Britain’s biggest low-cost carrier, …