The U.S. economy will grow this year at its fastest pace since 2005, helping reduce the annual average unemployment rate for a fourth straight year even as market borrowing costs rise, the Obama administration predicted.
China Eastern Airlines Corp., the nation’s third-largest airline, ordered $6.4 billion of single- aisle planes from Airbus Group NV to meet demand in a country set to become the world’s biggest aircraft market.
U.S. Secretary of State John Kerry said global warming is as big a threat as terrorism in a speech in Indonesia, the world’s largest exporter of coal for power plants, seeking to burnish his credential as a climate champion before deciding on the proposed Keystone XL pipeline project.
Domestic air travel by Brazilian airline companies increased 7.9 percent in December from the same period last year, according to ANAC, the National Agency of Civil Aviation in Brasilia. Air travel is measured in total kilometers of air travel purchased by customers.