Bloomberg Qantas Airways Ltd.’s first-half earnings dropped less than the company’s forecast amid a recovery in the domestic market, while competition on international routes weighed on air fares. Shares jumped the most in almost eight months. Chief Executive Officer Alan Joyce, who is in the final six months of a three-year turnaround plan, said confidence is returning in the …

  Bloomberg Air India Express, the low-cost unit of the South Asian nation’s flag carrier, has put on hold a plan to fly to Tehran amid renewed tensions between the U.S. and Iran after President Donald Trump imposed fresh sanctions on the Gulf country. Since some of Air India Ltd.’s plane purchases were funded by the Export-Import Bank of the …

  Bloomberg The UK government is failing to show how it intends to tackle the potential environmental damage of building a third runway at London’s Heathrow Airport, according to a cross-party panel of lawmakers. Ministers are relying too much on people switching to cleaner cars to reduce particulate air pollution and have given no guarantees on air-quality targets after the …