Aviation

Heathrow hiring as traffic hits highest since start of Covid

  Bloomberg London’s Heathrow airport will ramp up hiring “as fast as possible” after passenger numbers surged last month to the highest since the Covid-19 pandemic began. The 4.2 million travellers passing through the facility during March represents a more than seven-fold jump from a year earlier, according to a statement on Monday. The hub, once Europe’s busiest, is racing ...

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Spirit to talk with JetBlue about $3.6b takeover bid

  Bloomberg Spirit Airlines Inc will hold talks with JetBlue Airways Corp over its $3.6 billion cash takeover bid that’s threatening to disrupt a pending combination between Spirit and rival deep discounter Frontier Group Holdings Inc. JetBlue’s offer could lead to a superior proposal, Spirit said in a statement after assessing the bid with financial and legal advisers. JetBlue’s unsolicited ...

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Lufthansa debt climbed to $11b due to Covid-19

Bloomberg Deutsche Lufthansa AG has about 10 billion euros ($11 billion) more debt because of the coronavirus pandemic, according to CEO Carsten Spohr. “That’s the price tag,” Spohr said in an interview with newspaper Schweiz am Wochenende. “It was expensive.” The German carrier hopes that its Swiss airline will pay back its pandemic-related government-backed loans by the end of the ...

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Dutch watchdog rules KLM’s ‘carbon zero’ ad is misleading

Bloomberg The Dutch advertising watchdog ruled that a KLM promotion telling customers they could fly carbon-emission free is misleading. The ad’s tag line, “Be a hero, fly CO2 zero,” is an absolute claim, the Dutch Advertising Code Committee said in a verdict seen by Bloomberg. As such, the company has the burden of proving the statement and didn’t meet that ...

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US bans Russia’s Aeroflot, others from receiving parts

  Bloomberg The US issued orders suspending Aeroflot PJSC, Russia’s biggest airline, and two others from receiving US parts and services for their planes, a step that officials expect over time will limit their ability to fly. The denial orders for Aeroflot, Azur Air, and UTair Aviation PJSC announced by the Commerce Department mark the first enforcement action for violation ...

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Airbus ships 63 jets as ‘oil price’ fails to quell demand

  Bloomberg Airbus SE delivered 63 planes last month, boosting the firm’s plans to ramp up output despite concern that surging oil prices and the conflict in Eastern Europe could dent demand. The handovers took the first-quarter tally to 142. Net deliveries were reduced by two after trade sanctions imposed over the Ukraine invasion prevented the handover of A350 long-haul ...

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Kenya Air, SAA plan investor search for pan-African carrier

  Bloomberg Kenya Airways Plc and South African Airways are planning a series of investor roadshows to help find a financial backer for a combined airline group they aim to create next year. The campaign to attract a majority investor for a holding company to be modeled on British Airways and Iberia owner IAG SA is likely to start before ...

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DHL jet skids off runway, breaks up in Costa Rica

Bloomberg A Boeing Co 757 cargo jet operated by DHL broke in two after skidding off the runway at Juan Santamaria International airport in Costa Rica. The crew reported hydraulic problems with the 22-year-old aircraft after takeoff and made an emergency landing, according to a statement from DHL. The two pilots escaped without serious injury and the company has launched ...

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Archer Aviation sues Boeing over smears in air taxi wars

  Bloomberg Archer Aviation Inc sued Boeing Co, in an escalation of a feud over technology in the race to develop flying taxis. Archer claims that it has been the victim of a smear campaign by Boeing, via its joint venture with Google co-founder Larry Page. Wisk Aero LLC, Boeing’s joint venture with Page’s Kitty Hawk Corp, sought “to halt ...

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Austin airport’s low fuel issue is Texas capital’s growing pain

  Bloomberg The Austin airport doesn’t have enough fuel for its flights, but plans to build new storage tanks are running into stiff opposition from neighbours in Texas’s booming capital. For homeowners trying to preserve Austin in the face of exploding growth, the airport fight is the latest in a series of squabbles over the fate of the city. A ...

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