Bloomberg Colombia’s Avianca Holdings SA and Avianca Brasil, the two airlines controlled by the Efromovich brothers, are seeking separate international partners while maintaining a long-term goal of merging, Jose Efromovich said. “We are under confidentiality agreements’’ and many companies have shown interest, Efromovich, the chairman of Avianca Brasil, said in an interview in Sao Paulo. “We are looking for ...

  Colombo / AFP Sri Lanka’s cash-strapped national carrier is in talks to lease some of its new Airbus aircraft to Pakistan and Iran to reduce a $1 billion loss, a minister said. State Enterprise Development Minister Kabir Hashim said SriLankan Airlines was about to conclude a deal with Pakistan International Airlines (PIA) to lease out one Airbus A330. “The ...

  Bloomberg FedEx Corp., owner of the world’s largest cargo airline, raised its full-year profit forecast as continued growth in e-commerce deliveries helped push earnings for the fiscal first quarter ahead of analysts’ estimates. Higher yields on air and ground shipments and rising package volumes bolstered quarterly results, the courier said in a statement Tuesday. FedEx continued to benefit from ...