Aviation

BLOOMBERG Amazon.com Inc plans to hire 250,000 logistics workers, suggesting the online retailer is bullish about what’s otherwise expected to be a humdrum holiday shopping season. The recruits will include full-time, part-time and seasonal workers at hourly rates ranging from $17 to $28 per hour depending on location, the company said in a blog post. Some new hires will be ...

BLOOMBERG The heads of the two biggest discount carriers in the UK are calling for a change of leadership at the country’s air traffic management provider after repeated disruption during the busy summer travel season. Ryanair Holdings Plc’s outspoken Chief Executive Officer Michael O’Leary called for NATS CEO Martin Rolfe’s resignation after a staffing shortage at London’s Gatwick Airport led ...

BLOOMBERG Virgin Australia Airlines Pty found a second suspected unapproved plane part from obscure UK supplier AOG Technics Ltd, as the industry continues to hunt down bogus components that have spread across the global fleet. The Australian airline discovered a seal with false certification documents on an inner high-pressure turbine nozzle on a Boeing Co 737 jet, according to a ...

BLOOMBERG Qantas Airways illegally sacked 1,700 ground workers during the pandemic, Australia’s top court ruled, delivering a further blow to the reputation of the country’s most-complained-about business. The High Court of Australia dismissed Qantas’ appeal against an earlier judgment that found the airline axed the employees unlawfully. Qantas now faces penalties and compensation payments to affected workers. Qantas outsourced ground-handling ...

BLOOMBERG US passenger airline shares sank by the most since July after American Airlines Group Inc and discount carriers warned that higher fuel costs, labour costs and flagging interest in domestic travel were hurting their bottom lines. American slashed its third-quarter earnings outlook on a jump in jet fuel prices and payment of roughly $230 million in retroactive salary under ...

BRUSSELS / WAM Members of European Parliament (MEPs) approved a new law to increase the uptake of sustainable fuels, such as advanced biofuels or hydrogen, in the aviation sector. The RefuelEU aviation rules are part of the “Fit for 55 package”, the EU’s plan to reduce greenhouse gas emissions by at least 55% by 2030 compared to 1990 levels and ...

BLOOMBERG Hungary has submitted a formal offer to buy a majority stake in Budapest Airport in a transaction that could be valued at about €4 billion ($4.3 billion), according to a person familiar with the matter, potentially ending years of wrangling over the hub’s fate. The two parties are expected to now enter into formal discussions, said the person, who ...

BLOOMBERG Qantas Airways Ltd’s woes deepened after the government said it’s looking to shake up the way takeoff and landing slots are granted in Sydney in order to help smaller rivals like Rex and Bonza. Airline access to Australia’s biggest aviation hub “has not kept pace with global developments,” a review of the aviation sector said. The government wants to ...

HANOI / WAM Vietnam Airlines continues to increase flight frequency on routes to Europe, Australia, and China, restoring nearly 90% of its pre-pandemic international flight network, according to the Vietnam News Agency (VNA). Specifically, from September 23, it will increase the frequency of flights between Hanoi and Beijing (China) from three to four weekly. Currently, the airline is still operating ...

BLOOMBERG Airlines will need all of the world’s synthetic aviation fuel, meaning there won’t be any left for cars, the head of Europe’s biggest airline group told Germany’s automakers. Deutsche Lufthansa AG Chief Executive Officer Carsten Spohr said so-called sustainable aviation fuels (SAF) offer the only workable path to decarbonising air travel, though supplies are tight. “With no technology in ...