Dish Network Corp. Chairman Charlie Ergen recently contacted DirecTV Chief Executive Officer Mike White to discuss a merger of the two satellite television companies, according to several people with knowledge of the matter. Shares of both companies rose.
Qatar Airways Ltd. Chief Executive Officer Akbar Al Baker said he’s pursuing acquisitions after reviving an investment strategy that saw the company offered stakes in carriers including Italy’s Alitalia SpA.
American Airlines Group Inc. is heading for an annual profit analysts estimate at $3.5 billion, a record for the resurgent U.S. industry, as the carrier reaps merger benefits faster than in rivals’ tie-ups.
Companies from Apple Inc. to American Airlines Group Inc. called on Arizona Governor Jan Brewer to veto a bill permitting businesses to refuse service on religious grounds, a measure that opponents say is meant to allow discrimination against gays.
Airline earnings for 2014 will be $1 billion or 5 percent lower than previously predicted as political tensions drive up oil prices and growth in emerging markets slows, the International Air Transport Association said.