Bloomberg British Airways parent IAG SA will almost halve its planned expansion, reducing expected earnings growth, as it responds to slowing economies and a glut of seats that’s depressed prices. IAG, which also owns Spain’s Iberia, Aer Lingus of Ireland and discount operators Vueling and Level, will now increase capacity by 3.4% a year in the 2020-2022 period, it said. …

Bloomberg Deutsche Lufthansa AG is stepping back from a commitment to buy 14 Boeing Co 777X wide-body jets valued at $6.2 billion as it slows fleet growth in an effort to cut capital spending and rein in capacity. Announced as a regular order six years ago as part of a 34-jet deal, the aircraft have been re-designated as “options,” Lufthansa …

Bloomberg A judge has permanently blocked the union representing Allegiant Travel Co pilots from threatening a strike or staging a work slowdown in a dispute over a work scheduling system. A magistrate judge in a federal district court in Nevada signed a final order in the case. The ruling resolves a case in which Allegiant claimed a threatened walkout by …