Aviation

  Bloomberg Citigroup Inc is underwriting a $1.2 billion bond sale for the Dallas Fort Worth International Airport, the largest deal it has managed since reentering the Texas municipal-bond market after being temporarily sidelined last year over the bank’s firearms policy. The transaction would be a major win for the bank’s public finance business, which has seen its standing in ...

  Bloomberg Airbus SE is weighing a further delay in its production plan for A350 widebody jets after sanctions on Russia weakened the outlook for deliveries, according to people familiar with the matter. A goal of building six A350s a month by early 2023, which had been reiterated as recently as February, may now slide to the end of that ...

Bloomberg Ryanair Holdings Plc narrowed the range for its annual loss as Europe’s biggest low-cost carrier turns the page on a year disrupted by the coronavirus pandemic. The loss for the year ended on March 31 will be between 350 million euros and 400 million euros ($387 million-$440 million) before special items, the Dublin-based carrier said in a statement. Ryanair ...

  Bloomberg Deutsche Lufthansa AG Chief Executive Officer Carsten Spohr said Rome could become the group’s fifth hub with the acquisition of new Italian flag carrier ITA Airways. “Italy is a strong market,” Spohr said in an interview with Corriere della Sera published. “Rome could play a very important role within Lufthansa, integrating our system with a southern hub for ...

Bloomberg The US National Transportation Safety Board (NTSB) has been helping Chinese officials download two black-box recorders that were damaged in the mysterious crash of a Boeing Co 737 jetliner on March 21. The work to decipher the final sounds caught by cockpit microphones on the doomed jetliner is being carried out in the NTSB’s lab in Washington, spokesman Peter ...

  Bloomberg Alaska Air Group Inc cancelled more than 100 flights as the carrier’s pilots picketed at five West Coast airports amid negotiations over a new labour contract. The airline scrubbed about 14% of its schedule in New York, according to data from Flightaware.com. Further flight cancellations could occur over the weekend due to the staffing disruptions, the Seattle-based company ...

  Bloomberg Skyports Ltd, the UK-based company that operates infrastructure for flying taxis and other urban aviation devices, is expanding into Japan and Australia as it looks to build terminals for electric vertical take-off and landing aircraft. Skyports is working with partners Kanematsu Corp in Japan and Goodman Group in Australia, with an eye to starting commercial flights as early ...

  Bloomberg The Points Guy LLC filed a motion to dismiss an American Airlines Inc lawsuit that the travel site violated company rules by letting frequent flyers manage their miles on platforms other than the carrier’s site. The travel agency alleges that the suit should either be “dismissed or transferred to a proper venue,” according to a legal document. American ...

  Bloomberg Kenya Airways Plc’s board gave approval for the carrier to hedge prices for more than 35% of its fuel needs and is in talks with the African Airlines Association for bulk fuel purchases in a drive to cut costs. Fuel accounts for at least a quarter of costs for the airline in which the Kenyan government has a ...

  Bloomberg A team of US airplane accident investigators and technical experts could head to China as soon as this week to help unravel the mysterious crash of a Boeing Co 737 jet earlier this month, the National Transportation Safety Board (NTSB) said. The Chinese government has issued visas to NTSB investigators, along with technical advisers for the US Federal ...