Aviation

  Bloomberg Austin, Texas, airport officials warned of an impending jet-fuel shortage amid a surge in travel to and from the state’s capital city. Austin-Bergstrom International Airport issued a fuel-shortage alert and urged airlines to carry extra fuel or send in more supplies via tankers, said Sam Haynes, a spokesperson. With 282 flights scheduled for today & 1,600 + more ...

  Bloomberg UK airport ground-handling specialist John Menzies Plc accepted a $750 million takeover bid from Kuwaiti suitor Agility Public Warehousing Co that had been sweetened for a third time. The Menzies board backed the offer of 608 pence a share in cash after Agility subsidiary GIL International issued a formal proposal, the companies said. The bidding had started with ...

  Bloomberg Cathay Pacific Airways Ltd plans to reroute its New York-Hong Kong service to avoid Russian airspace, in what would be the world’s longest commercial passenger flight by distance. The airline plans to fly from John F Kennedy International Airport over the Atlantic Ocean, the UK, southern Europe and central Asia, according to a memo to Cathay flight staff ...

  Bloomberg India is banking on sustainable fuel-powered airlines and increased digitisation in airports to clean up aviation as the nation prepares for a net carbon zero future by 2070. India will have 96 airports that will be carbon neutral and run on renewable energy by 2024, Civil Aviation Minister Jyotiraditya Scindia said at an event, adding all future airports ...

  Bloomberg Cebu Air Inc, the Philippines’ largest carrier, will fully restore its pre-pandemic domestic capacity next month as virus restrictions ease, Chief Executive Officer Lance Gokongwei said. “The travel and tourism sector is well on its way to recovery,” Gokongwei said in a company event in Cebu province, citing increased bookings. Flights from Manila to key local destinations like ...

Bloomberg The UK allocated a record 685 million pounds ($898 million) of funding over the next three years for the development of aerospace technology, as the industry gears up to make the transition to renewable fuel. The Aerospace Technology Institute will receive an increase of more than 50% on its previous award, the government said in a statement. The group ...

  Bloomberg United Airlines is investing in a startup that could help make larger quantities of jet fuel that’s more environmentally friendly. United announced an initial $5 million investment in Cemvita Factory Inc. and is “contemplating a larger relationship,” according to Mike Leskinen, president of the airline’s venture fund. The Houston-based startup is also backed by Occidental Petroleum Corp. Cemvita ...

  Bloomberg China has retrieved the second black box from a jet that crashed after days of searching, as investigators try to work out what happened to the China Eastern Airlines flight carrying 132 people that plummeted from a cruise altitude. The flight data recorder was found 5 feet (1.5 metres) beneath the soil, state broadcaster CCTV reported. Investigators made ...

  Bloomberg Hong Kong has cut the time airlines are banned for carrying excessive numbers of Covid-positive passengers to seven days from two weeks. The circuit-breaker mechanism that bans airlines if they carried four cases or more travellers from the same airport of origin within a week has been deleted, according to a statement released by the government. Under the ...

  Bloomberg Tata Group-owned Air India Ltd is looking at buying as many as 30 widebody aircraft, the enginemaker for Airbus SE’s A350 jets said, an order that will allow the former state-run carrier to aggressively pursue international growth. “I think they are looking at something up to 30 aircraft, could be as big as that, which is a big ...