Bloomberg Ryanair Holdings Plc has seen a “dramatic recovery†in bookings over the past two weeks as the easing of pandemic travel curbs across Europe encourages people to fly again. The Irish low-cost carrier’s planes are flying about 75% full and could reach 90% of capacity by the peak of the summer high season, Chief Executive Officer Michael O’Leary ...
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Frontier-Spirit Air deal expands Franke’s sphere in discounting
Bloomberg Frontier Group Holdings Inc.’s planned $2.9 billion purchase of Spirit Airlines Inc., positions Bill Franke, the self-proclaimed father of ultradiscounting, to expand his global network of carriers that offer bargain-basement fares while maintaining a laser focus on low costs. The deal comes as the industry’s recovery from the Covid-19 pandemic leans on domestic markets and leisure travelers —the ...
Read More »Pilots in US detect possible interference post 5G rollout
Bloomberg US safety regulators have received more than 100 pilot reports of possible inteference from 5G wireless signals —including three near Chicago O’Hare International Airport — since the new mobile phone service began. The reports of anomalies on aircraft devices known as radar altimeters are being reviewed by the Federal Aviation Administration, said three people familiar with the matter ...
Read More »Japan’s ANA calls for relaxed ‘border rules’
Bloomberg The head of Japan’s biggest airline has urged the government to ease its strict border controls, which have effectively shut the nation to foreigners, saying they are hurting the economy and the aviation industry. “There are various problems happening with the situation that foreigners can’t enter Japan,†Yuji Hirako, the president of All Nippon Airways Co. said in ...
Read More »Billionaire’s startup Indian airline will use stock options to lure staff
Bloomberg Akasa, a new Indian airline backed by billionaire Rakesh Jhunjhunwala, plans to offer stock options to attract staff, using a lure more often deployed by technology startups in its bid to gain a foothold in one of the world’s most competitive air-travel markets. The carrier, which is preparing to start flying in late May, is taking the unusual ...
Read More »Pilots made to wear trackers as Hong Kong boosts Covid rules
Bloomberg Hong Kong is further tightening quarantine rules for airline staff, with cargo pilots isolating at home to be tracked with electronic monitoring bracelets and crew on passenger planes who have been in countries with high levels of the virus made to quarantine for 14 days. The updated rules, set out in a document seen by Bloomberg News, was ...
Read More »FAA proposes shielding Boeing employees overseeing safety
Bloomberg Regulators are taking steps to shield US aviation-industry engineers from the kind of company pressure that was revealed in investigations of the design flaw on the Boeing Co. 737 Max linked to two fatal crashes. The Federal Aviation Administration on Monday proposed new policies that would shield employees at Boeing and other planemakers who act on behalf of ...
Read More »Rolls-Royce to hire 150 in Singapore
Bloomberg Rolls-Royce Holdings Plc plans to hire around 150 people across its network of partners in Singapore as airlines start to bring back planes that were grounded during the pandemic and international travel picks up. London-headquartered Rolls-Royce expects about 80% of the planned expanded head count for this year will be for maintenance, repair and operations (MRO) ventures, Bicky ...
Read More »Airbus, Quebec set to invest $1.2bn in A220 jet program
Bloomberg Airbus SE and the government of Quebec agreed on a $1.2 billion investment that allows the Canadian province to remain an owner of the A220 jet program for four additional years. The French plane maker committed to investing $900 million in the loss-making program while Quebec will put up $300 million, according to a statement. Under the deal, ...
Read More »Airbus defuses German strike threat as union reaches deal
Bloomberg Airbus SE dodged the threat of strikes in Germany, reaching a labor deal that will allow continued production of its best-selling A320 jetliner. The accord rules out compulsory job cuts at restructured parts plants until the end of 2030, according to the IG Metall union. Airbus agreed to invest in the sites until at least that date and ...
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