Bloomberg British Airways (BA) parent IAG SA and its biggest competitor Air France-KLM Group both boosted second-quarter earnings around 50 percent amid strong demand for business travel on routes to Asia and Latin America. Europe’s two largest airlines are benefiting from higher long-haul prices as rivals that are focused on shorter routes see fares crimped by overcapacity. IAG said earnings should …

Bloomberg Avianca passengers face longer flight times to Europe and parts of the Caribbean as the Colombian carrier avoids Venezuelan airspace amid security fears. Flights to London and Madrid will take an extra 10 minutes, while steering clear of President Nicolas Maduro’s Venezuela will add 42 minutes to flights to Curacao, according to company estimates seen by Bloomberg. The company …

ABU DHABI / WAM The total trading value of foreign investments in Abu Dhabi Securities Exchange (ADX) hit AED26.9 billion during H1, 2017, accounting for 47.3 percent of ADX total trading during the same period, which amounted to around AED56.5 billion, reflecting foreign investors’ growing confidence in the country’s economy. Foreign non-Arab investors topped the list with AED15.9 billion of …