Aviation

Bloomberg Hours after President Vladimir Putin announced Russia’s invasion of Ukraine, Aeroflot PJSC’s top executives gathered at the airline’s headquarters down the street from the Kremlin. In the official part of the surreal board meeting, they discussed the flagship Russian carrier’s budget without mentioning the war or any risks it might create, according to two people familiar with the proceedings …

Bloomberg Airbus SE’s corporate-jet division is more optimistic about prospects for this year, even as the Russia-Ukraine conflict and Chinese coronavirus lockdowns weigh on sales. The European planemaker had a slow couple of years for orders for its newest business-jet model during the Covid-19 pandemic, with almost all work travel curtailed. The corporate version of the A220 was launched in …

  Bloomberg Jet Airways India Ltd, the erstwhile bankrupt carrier undergoing a court-monitored resolution, is expecting to return to the skies in the quarter to September as competition in India’s cutthroat air travel market intensifies with new entrants. Jet Airways got its flying license from the Directorate General of Civil Aviation (DGCA) after successful proving flights — or test flights …

  Bloomberg China Eastern Airlines Corp outlined several actions it needs to undertake before operating Boeing Co’s 737 Max again, including modifications to the aircraft and further pilot training, damping hopes the narrowbody will return to Chinese skies any time soon. Li Yangmin, vice chairman of the Shanghai-based state-owned carrier, indicated to investors at a virtual briefing that the airline …

  Bloomberg Spirit Airlines Inc rebuffed a hostile $3.3 billion takeover offer from JetBlue Airways Corp, setting the stage for a potentially contentious vote by shareholders on whether to back the bid or go with a competing proposal from Frontier Group Holdings Inc. Spirit said its board unanimously determined the JetBlue offer is not in the best interests of the …

  Bloomberg Go First, India’s No. 2 airline, is planning to raise 36 billion rupees ($464 million) through an initial public offering in July as air travel recovers from the pandemic, according to a person familiar with the matter. Go First’s share sale comes as air travel is rebounding in the South Asian nation driven by pent-up demand as people …

  Bloomberg China Eastern Airlines outlined several actions it needs to undertake before operating Boeing Co’s 737 Max again, including modifications to the aircraft and further pilot training, damping hopes the narrowbody will return to Chinese skies any time soon. Li Yangmin, vice chairman of the Shanghai-based state-owned carrier, indicated to investors at a virtual briefing that the airline is …

Bloomberg India is investigating three separate incidents in the past two months where airline pilots had to shut down plane engines mid-flight made by a joint venture of General Electric Co, according to people familiar with the matter. The so-called commanded in-flight shutdowns — when pilots intentionally turn off one of the two engines after encountering problems — may have …

Bloomberg EasyJet Plc reported a surge in summer bookings while saying there’s still too much uncertainty over demand to provide an outlook for the fiscal year ending in September. Sales over the past 10 weeks are running 6% ahead of 2019 levels, Luton, England-based EasyJet said after reporting a narrower first-half loss. Yet almost two-thirds of seats for the crucial …

  Bloomberg Hong Kong Airlines Ltd has asked pilots to take several months leave on sharply reduced pay as Covid-19 lockdowns in China snarl supply chains, weakening demand for air freight — the carrier’s key source of income during the pandemic. The financially troubled carrier is calling for volunteers to take leave starting in June through until the end of …