If shares of Taiwan’s largest airline are anything to go by, Apple Inc.’s next iPhone will be a runaway success. China Airlines has surged more than 30% in the past 8 days, adding about $4.1b in market value and outperforming almost every other member of MSCI Inc.’s Asian benchmark. Behind the gains is investor optimism the airline’s cargo operations will benefit from orders by Apple for the island’s many suppliers. "China Airlines is doing well in the cargo business, and with Apple introducing the new iPhone in September, there will be an uptick in demand for shipping electronics components," said Jin Chang, analyst at President Capital Management Corp. Three brokerages have lifted their ratings on the stock in the last week, while analysts are projecting the best quarterly profit since 2010. Taiwan is home to some of Apple’s largest suppliers. Apple plans to release three new phones in the fall: successors to the iPhone 7 and iPhone 7 Plus as well as a new, revamped model that sits at the high-end. China Airlines climbed 4.7% on Wednesday to close at its highest level since August 2015.<br/>
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A Delta flight was diverted to John F. Kennedy International Airport on Tuesday because of an odor in the cabin. Delta Flight 981 was travelling from Logan International Airport in Boston to Hartsfield-Jackson Atlanta International Airport when the odor was detected, NECN reported. The flight was diverted "out of an abundance of caution due to an odor in the cabin," a Delta spokeswoman said, per NECN. "Safety is always Delta's number one priority and we apologize to our customers for the inconvenience." Crew described the odor as "fumes in back of the plane," but the aircraft did not declare an emergency situation until after the decision was made to divert the flight to JFK. Some 158 people were onboard the flight when it landed safely in New York. Delta said it rebooked passengers to other flights after landing. The airline did not comment on what caused the odor but that maintenance technicians evaluated the airplane and were making repairs.<br/>