Kuala Lumpur / AFP Rayani Air, Malaysia’s first Islamic-compliant airline, has been shut down, regulators said on Monday, months after it was suspended from flying for breaching aviation regulations. The carrier launched only in December with Muslim flight crew wearing the hijab while non-Muslim members were forbidden from wearing revealing clothing. In-flight meals were completely halal and alcohol consumption banned. ...

  Seoul / AFP South Korea’s Lotte Group said on Monday it was scrapping an initial public offering worth almost four billion dollars amid a widening investigation into alleged embezzlement by its founding family. Hotel Lotte — the group’s key unit — had planned to list shares worth at least 4.6 trillion won ($3.9 billion) on Seoul’s main stock market ...

  Mumbai / Tribune News Service The Wadia group-owned budget airline GoAir is likely to start international services by early next year, civil aviation secretary R.N. Choubey said. Meanwhile, GoAir’s 20th aircraft, Airbus A320neo, landed at the Delhi airport on Monday. A domestic airline needs a 20-aircraft fleet to fly abroad, and GoAir inducted its 20th Airbus A320neo plane this ...