Malaysian Airline System Bhd. Chief Executive Officer Ahmad Jauhari Yahya was hired less than three years ago to steer the carrier into profitability. His mission has gotten harder as the national carrier hunts for a lost plane carrying 239 people.
Airbus Group NV and Boeing Co. spent a week with Asian companies sounding more like cocktails than airlines, some of which didn’t exist a year ago, highlighting the region’s status as one of the most dynamic aircraft markets.
Emerging-market stocks rose for the first time in five days, led by Chinese equities, after the nation’s money-market rates extended declines. Thai shares and the baht sank as the government declared a state of emergency.
Thailand’s sovereign bonds are beating their Asian peers on bets interest rates will be cut as anti-government protesters block roads and scare off tourists during the peak Chinese New Year holiday period.
Thai Airways International Pcl , Thailand’s largest carrier, said economy-class bookings are lagging behind corporate travel because deadly anti-government riots in April triggered a canceling of conferences.