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World shares advance despite losses on Wall Street

Shares advanced in Europe and Asia on Tuesday despite mounting doubts over the U.S. economic outlook that gave some benchmarks on Wall Street another day of losses. Signs of progres...

Business Highlights: McDonald's Russia exit,

___ De-Arching: McDonald’s to sell Russia business, exit country CHICAGO (AP) — McDonald’s says it’s started the process of selling its Russian business, which incl...

Smaller airlines pursue buyouts to bulk up amid recovery

NEW YORK (AP) — Smaller airlines are looking to bulk up to take advantage of an expected recovery in air travel. Fleet size is a key motive for JetBlue’s recent bid to woo budget car...

More UK Easter flights disrupted amid COVID staff absences

British travelers faced more disruptions during the Easter holiday break as two major airlines, British Airways and easyJet, canceled about 100 flights Wednesday. British Airways ca...

JetBlue makes offer for Spirit Airlines, could spark bid war

JetBlue Airways has offered to buy Spirit Airlines for about $3.6 billion and break up a plan for Spirit to merge with rival budget carrier Frontier Airlines. Spirit said Tuesday tha...

Easter delays for UK travelers as COVID cancels flights

LONDON (AP) — British travelers going abroad for the Easter holidays faced disruptions Monday as two main carriers, British Airways and easyJet, canceled dozens of flights due to staff shortages relat...

Democrats say Spirit-Frontier merger could boost airfares

WASHINGTON (AP) — Several congressional Democrats are warning that the proposed combination of Frontier Airlines and Spirit Airlines would reduce competition among low-cost carriers and drive up fares...

Live updates: Indian students make it home from war zone

The latest developments on the Russia-Ukraine war: NEW DELHI — Hundreds of Indian medical students who sheltered in bunkers while Russia shelled a Ukrainian city have returned home t...

Budget carrier FlyDubai takes off with $229M profit for 2021

DUBAI, United Arab Emirates (AP) — FlyDubai on Monday reported a $229 million profit last year as the state-owned budget carrier saw its business rebound from the coronavirus pandemic and as regulator...

Europe, Canada close their airspace to Russian airplanes

Europe and Canada said Sunday they would close their airspace to Russian airlines after Russia’s invasion of Ukraine, raising the pressure on the United States to do the same. Europe...

Malaysia COVID-19 panel recommends full border reopening in March

Malaysia's coronavirus recovery council on Tuesday said it has recommended a full reopening of borders as early as March 1 without mandatory quarantine for travellers, as part of plans to accelera...

New Malaysian carrier SKS Airways takes to the skies

SUBANG, Malaysia (AP) — New Malaysian carrier, SKS Airways, took to the skies Tuesday with short-haul flights to holiday island resorts as domestic travel rebounds after months of lockdown due to the ...

Business Highlights: Fed minutes, electric trucks

___ Fed officials see earlier rate hikes as US hiring recovers WASHINGTON (AP) — Federal Reserve policymakers at a meeting last month said the U.S. job market was n...

Boeing lands airplane order from US budget carrier Allegiant

LAS VEGAS (AP) — Allegiant Air said Wednesday that it will buy 50 Boeing 737 Max jets and take options for 50 more, giving Chicago-based Boeing a major foothold in the discount airline’s all-Airbus fl...

Akasa Air buys engines worth $4.5 billion for new 737 Maxs

DUBAI, United Arab Emirates (AP) — India's startup Akasa Air announced on Wednesday it had chosen CFM International's LEAP-1B turbofan engines to power its newly bought Boeing 737 Max jets, a deal val...