Tokyo / AFP Japan Airlines on Monday slashed its full-year earnings outlook, and warned its fiscal first-half net profit nosedived owing to a slump in its international business. While falling oil prices have helped carriers’ profits — fuel is often an airline’s single-biggest expense — the loss of a fuel surcharge imposed to deal with previously sky-high crude prices ...

  Dubai / Emirates Business British Airways (BA) launched a direct flight between Muscat and London, further adding convenience to customers travelling between the two regions. The UK carrier, which first began flying to Oman in 1972, inaugurated the new service with a water cannon salute as it landed at Muscat International Airport on Monday. Customers, who previously flew between the ...

  Bloomberg Business-jet deliveries are dropping and won’t rebound before 2018, according to a benchmark forecast of corporate aircraft demand over the next decade. Honeywell International Inc. lowered its annual long-term forecast for private jets by 7 percent, or 600 aircraft, as emerging markets suffer from low commodity prices and the U.S. economy limps along at a slow pace. As ...