Bloomberg China and Russia teamed up to develop twin-aisle jets that will compete with Airbus SE and Boeing Co., the planemakers who dominate passenger aircraft capable of trans-continental flights. State-owned Commercial Aircraft Corp. of China Ltd. and Russia’s United Aircraft Corp. aim to hand over the plane to customers by 2025-2027, UAC Chairman Yury Slyusar said at a briefing in …

Bloomberg Peach Aviation Ltd. will become the first Japanese carrier to accept bitcoin as payment for airline tickets as the discount airline aims to attract more tourists from other parts of Asia. The cryptocurrency can be used to book seats starting by the end of the year, Peach said in a statement in Tokyo, adding a change in Japan’s law …

Bloomberg Boeing Co.’s pursuit of a trade complaint against Canadian rival Bombardier Inc. at a time it’s negotiating with the government on a major sale of military aircraft is “lousy customer relations,” Canada’s ambassador to the US said. Boeing alerted Canada shortly before the company petitioned the US to probe whether Bombardier’s C Series aircraft is being sold at unfairly …