Bloomberg British Airways parent IAG SA settled a dispute with the UK over a policy to force visitors to self-isolate for 14 days, agreeing to withdraw the London litigation when the government updated its plan. The agreement came together just four hours after proceedings began in London’s High Court. British Airways attorney Tom Hickman said the carrier agreed to drop ...

Bloomberg Rolls-Royce Holdings Plc, the British jet-engine maker, is exploring options to raise funds that would help fortify the company against a downturn in the aerospace industry. The London-based company is in the early stages of reviewing a range of options to strengthen its balance sheet, it said in a statement, confirming a Bloomberg News report. “No decisions have been ...

Bloomberg Ultra low-cost tickets priced at less than 10 euros ($11.25) each are harming the aviation industry’s reputation, Deutsche Lufthansa AG Chief Executive Officer Carsten Spohr said in an interview with Swiss daily Neue Zuercher Zeitung. “Tickets for 9.99 euros are ecologically and economically irresponsible,” Spohr, 53, was quoted as saying. He also said Europe’s largest airline will seek financing ...