Singapore / Bloomberg Singapore Airlines Ltd., seeking to restructure its budget airline business, established a new holding company to manage its two low-fare carriers amid speculation of a consolidation in the region. Budget Aviation Holdings Pte will control long-haul carrier Scoot and short-haul carrier Tiger Airways, allowing for greater integration and sharing of operations and planning, Singapore Air said …

  Sydney / AFP A two-hour flight from Sydney to London is a step closer to reality after the latest successful test on Wednesday of hypersonic technology in the Australian desert. A joint US-Australian military research team is running a series of 10 trials at the world’s largest land testing range, Woomera in South Australia, and at Norway’s Andoya Rocket Range. …

Lagos / AFP A lack of jet fuel has led to the disruption of local and international flights in Nigeria, airlines said on Wednesday, warning travellers of cancellations. Arik, the country’s largest airline, said in a statement that scarcity of aviation fuel in the last few weeks had reached “alarming” levels due to an ongoing shortfall in imports. “Due to the …