Aviation

DUBAI / WAM Dubai International (DXB) has announced a significant milestone in its recovery with passenger traffic for the first half of the year surpassing 2019 levels. The world’s busiest international hub welcomed 41.6m guests in H1, just over 100%, compared to the traffic recorded during the first six months of 2019. DXB registered a robust performance throughout the second ...

BLOOMBERG US aviation regulators outlined inspections needed for potentially faulty parts on some of Pratt & Whitney’s geared turbofan engines that power Airbus SE’s best-selling A320neo model. The directive affects 20 engines on US-registered aircraft, according to a regulatory filing by the Federal Aviation Administration (FAA). The impact on the worldwide fleet will be larger as other nations adopt the ...

BLOOMBERG American Airlines Group Inc sued the travel website Skiplagged, which claims to help passengers save money using loopholes in ticket pricing that the airline alleged are bogus. Skiplagged isn’t authorised to sell American tickets and is deceiving customers into thinking they can book a cheaper flight using “hidden city fares,” according to the federal lawsuit filed in Texas. The ...

BLOOMBERG Archer Aviation Inc said it raised $215 million in funding and patched up a legal dispute with Boeing Co, paving the way for the electric air-taxi startup to collaborate with its former adversary on future designs. Archer received investments from Boeing, as well as existing backers Stellantis NV, United Airlines Holdings Inc and tech-focused Ark Invest, it said in ...

BLOOMBERG Sicily’s largest airport in Catania reopened after an eruption of Mount Etna forced it to close. The website of Catania Airport, Italy’s sixth by passenger traffic before the pandemic, is showing mostly regular flights with some minor delays and a few cancellations. Mount Etna, Europe’s most active volcano, erupted  in the southeast crater at an altitude of about 2,700 ...

BLOOMBERG Cathay Pacific Airways Ltd started selling some of its cheapest tickets in more than three-and-a-half years, offloading 100,000 economy seats at steep discounts. Hong Kong’s main airline ran the promotional offer to more than 30 destinations for travel between January to June 2024. The two-week sale started at 2 pm local time, though many customers were left waiting for ...

BLOOMBERG The three largest US airlines plan to more than double the number of flights to China in the coming months as they take advantage of a deal between the nations to ease pandemic-era travel restrictions. American Airlines Group Inc told Bloomberg it would add three weekly flights between Dallas and Shanghai early next year. The decision came after rivals ...

BLOOMBERG Air India Ltd unveiled a new corporate identity, including a modernised logo and a sleeker livery for its planes, as the former state-owned carrier spruces up its image under new owner Tata Group. The carrier will ditch its red arched window accents for a sleeker livery that will see its tail fin painted in hues of gold, red and ...

BLOOMBERG Turkish Airlines reported an 18% increase in net income in dollar terms during the first half of 2023 from a year ago, with passenger revenues offsetting a decline in the cargo unit. The national carrier’s total revenue rose 25% during the same period to $9.5 billion while profits stood at $868 million, driven by a 50% surge in passenger ...

BLOOMBERG TUI AG said it expects its summer 2023 travel season to be close to pre-pandemic levels even as the pace of growth tapers off amid higher inflation and rising interest rates. The world’s biggest tour operator said underlying earnings before interest and tax rose to €169 million ($185 million) in the quarter ended on June 30, its first profitable ...