Aviation

  Bloomberg Boeing Co’s biggest airline customer in China has removed more than 100 of the US manufacturer’s 737 Max jets from its fleet plans, citing uncertainty over deliveries. China Southern Airlines Co Chairman Ma Xu Lun said at an investor briefing that Boeing’s updated best-selling aircraft would be excluded from fleet deliveries through 2024. The carrier expects to take ...

  Bloomberg The Weststar Group is considering an initial public offering of its helicopter services unit in Kuala Lumpur to raise at least $300 million, according to people with knowledge of the matter. The conglomerate, controlled by Malaysian businessman Syed Azman Syed Ibrahim, has held initial talks with advisers on the listing of Weststar Aviation Services Sdn, which could happen ...

  Bloomberg Singapore has resumed work on Changi Airport’s Terminal 5 after the project was halted two years ago as the Covid-19 pandemic wiped out travel. The government will begin to re-mobilise design and engineering consultants to refine the construction of the terminal, Transport Minister S Iswaran said at the Changi Aviation Summit in the city-state. Actual building works are ...

  Bloomberg JetBlue Airways Corp made a hostile $3.3 billion cash bid for Spirit Airlines Inc, appealing directly to shareholders in an effort to prevail over a rival offer for the discount carrier by Frontier Group Holdings Inc. The JetBlue proposal is worth $30 a share, $3 less than its initial approach, which was spurned by Spirit’s board two weeks ...

  Bloomberg United Airlines Holdings sees even stronger travel demand this summer, with second-quarter passenger revenue increasing as much as 25% over the 2019 level, the airline said. United told investors last month it would return to profitability in the second quarter with the aid of record sales, spurred by strong recovery for summer travel. Chicago-based United also affirmed a ...

Bloomberg Ryanair Holdings Plc issued a guardedly optimistic outlook for the vital summer season, cautioning that a strong bookings trend could still be disrupted by a number of factors including Russia’s invasion of Ukraine. Europe’s biggest discount airline reported a narrower loss for the 12 months through March in a statement, while saying only that it’s targeting “reasonable profitability” this ...

  Bloomberg Singapore Airlines Ltd extended its sponsorship of the Formula One’s Singapore Grand Prix for three more years, the national carrier said. The extension will start with this year’s race to be held from September 30 to October 2, the company said in a statement. The city-state said in January it will host the event after a two-year hiatus ...

  Bloomberg Boeing Co has been told by US regulators that it needs to submit more documentation in order to resume deliveries of its 787 Dreamliner jet, according to people familiar with the request, signalling it may face a further delay before the Federal Aviation Administration signs off on its inspections and repairs to the plane. The FAA notified the ...

  Bloomberg A Chinese rival to Boeing Co’s 737 Max and Airbus SE’s A320neo narrowbody aircraft completed its first pre-delivery test flight, according to a CCTV report. The C919 jet developed by Commercial Aircraft Corp of China Ltd was test flown for about three hours ahead of its delivery to its first customer soon, the report said. The narrowbody plane ...

  Bloomberg Canadians travelling through Toronto Pearson International Airport are facing lengthy wait times and the situation is likely to worsen in coming weeks. The airport is being hit with a double whammy of staffing shortages and longer processing times due to public health screening measures, according to Greater Toronto Airports Authority spokesperson Tori Gass. The Covid-19 measures can double ...