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United Air posts smaller loss after variant wrecks profit plan

Bloomberg United Airlines Holdings Inc posted a narrower loss than analysts had expected as a dip in demand from a summer surge in the coronavirus delta variant proved fleeting. The carrier lost $1.02 per share, or $300 million, in the third quarter on an adjusted pretax basis, better than the $1.61 loss analysts had estimated, according to figures compiled by ...

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India opens inflight data market to UK’s Inmarsat

Bloomberg British satellite operator Inmarsat Holdings Ltd said it’s the first foreign operator to get India’s approval to sell high-speed broadband to planes and shipping vessels. Inmarsat will access the market via Indian state-owned telecommunications company Bharat Sanchar Nigam Ltd, after BSNL received a license from India’s Department of Telecommunications, the London-based company said. A representative for the Indian government ...

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Russia urges major foreign aid for Taliban-ruled Afghanistan

Bloomberg Russia called for major international aid to help the Taliban control the situation in Afghanistan on Wednesday as it hosted the radical movement for the first time since the chaotic US withdrawal in August brought it to power. It’s time to “mobilise the resources of the international community to provide Kabul with effective financial, economic and humanitarian help,” said ...

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