Philippine Airlines Inc. plans to order at least 100 new planes, resume flights to Europe and bolster U.S. services after selling a stake to San Miguel Corp.
Singapore Airlines Ltd.’s Scoot Pte. plans to fly to at least five cities by the end of the year as the group adds long-haul budget services to compete with Jetstar and AirAsia X Sdn.
San Miguel Corp., the Philippines’ largest company, is in talks to buy 49 percent of Philippine Airlines Inc. and take management control of the carrier, according to three people familiar with the discussions.
Boeing Co. is coming to this year’s air show in Paris, the home turf of market leader Airbus SAS, with a pitch that customers may struggle to swallow: be patient.