Bloomberg Cathay Pacific Airways Ltd. forecast an end to a record two-year run of losses after job cuts and better service offerings in an overhaul kicked off by Asia’s biggest international carrier start to yield results. The Hong Kong-based airline expects to announce next month a profit for 2018, helped in part by a strong cargo business and growth from …

Bloomberg Buyout firm Warburg Pincus is considering a sale of Consolidated Precision Products Corp. that could value the aerospace parts manufacturer at more than $2 billion, according to people with knowledge of the matter. Cleveland-based CPP is working with an adviser to examine strategic options including the possibility of a sale in the second half of the year, said the …

Bloomberg Southwest Airlines Co. slid after warning that the US government shutdown hit sales harder than previously estimated. The political stalemate that ended last month will reduce first-quarter revenue by $60 million as the aftereffects lingered on, Southwest said in a regulatory filing. When the discounter reported earnings late last month, it estimated the impact would be $10 million to …