Bloomberg Skymark Airlines Inc. exited bankruptcy administration and forecast its first operating profit in three years after reducing its fleet, cutting routes and getting new funding. The carrier expects to report 1.5 billion yen ($13 million) in operating profit and sales of 70 billion yen for the year ending March 31, Skymark said in a statement on Monday. Skymark also ...

Bloomberg Craigslist could learn a thing or two from Quikr. The Indian equivalent of the free classifieds service publishes product ratings, handles payments and shipping and — crucially — releases payment only after a buyer gives their purchase a once-over and a virtual thumbs-up. In so doing, the site that lists for sale everything from smartphones to cars is trying ...

Bloomberg Indian airport operator GVK Power & Infrastructure Ltd. said it sold a stake in its Bengaluru aerodrome to Fairfax Financial Holdings Ltd., helping cut debt. The shares rose. Fairfax will buy 33 percent of Bangalore International Airport Ltd. for 21.49 billion rupees ($322 million), GVK said in a statement to the Mumbai stock exchange on Monday. GVK, which also ...