Aviation

Bloomberg HNA Group Co has officially handed over control of its core airline operations to Liaoning Fangda Group Industrial Co, marking the end of an era for the Chinese conglomerate as it continues to restructure one of the country’s biggest piles of corporate debt. Gu Gang, head of a government taskforce in charge of HNA’s restructuring, will no longer serve ...

Bloomberg Tata Sons Pvt is considering hiring several key executives for Air India, according to people familiar with the matter, as the nation’s biggest conglomerate works to finalise a turnaround plan for the indebted carrier it’s in the process of taking over from the state. The group, which in October won a bid to regain control of the airline it ...

Bloomberg The new owners of once-bankrupt Jet Airways India Ltd are in talks with Boeing Co and Airbus SE to purchase at least 100 narrowbody jets for the carrier’s fleet in a bid to revive what used to be the biggest private airline in the South Asian nation before it collapsed under a pile of debt. The winning bidders for ...

Bloomberg Airlines are moving forward to finalise big commercial aircraft orders despite the newly discovered coronavirus variant and a fresh wave of travel restrictions to contain its spread, Pratt & Whitney’s top sales executive said. “The campaign activity is as high as I’ve seen, maybe ever,” said Rick Deurloo, chief commercial officer of Pratt & Whitney, a unit of Raytheon ...

Bloomberg United Airlines Holdings Inc. plans to move the network operations center that coordinates its flights globally to a Chicago suburb next year, slashing headcount at the carrier’s world headquarters at Blackstone Inc’s Willis Tower. The move was announced internally and would affect about 900 employees such as managers and technical support staff, United said. About 400 flight dispatchers could ...

Bloomberg The embattled Mexican airline Interjet is planning a return to operations by next year with a new fleet comprised of 10 Airbus SE A320 jets and potentially 10 Czech-made Let L-410 planes. The plan to fly again depends on the company’s ability to navigate a “distressed investing” strategy that will be separated into three tranches, said insolvency specialist Ivan ...

Bloomberg Phillips 66 reached an agreement to supply cleaner aviation fuel to British Airways for several years as the airline seeks to lower its emissions, the companies said in a statement. As part of the deal, so-called sustainable aviation fuel — which is made from renewable feedstocks such as waste vegetable oils — will be produced at scale for the ...

Bloomberg The UK will require all travelers to take a pre-flight Covid-19 test within 48 hours prior to their flight regardless of their vaccine status, a surprise government move that prompted a swift and angry reaction from the airline industry. The measure, which takes effect on December 7, will be temporary and be reviewed as the omicron outbreak develops, Health ...

Bloomberg Boeing Co’s 737 Max jets may resume commercial flights in China by the end of this year or early 2022, the nation’s Civil Aviation Administration said, a day after issuing an airworthiness directive that paved the way for the single-aisle workhorse to return to the Chinese skies after an almost three-year grounding. China will also start introducing new Max ...

Bloomberg State-owned Kazakh airline Air Astana is considering an initial public offering, according to four people familiar with the talks, who asked not to be identified as the information is not public. The company has approached banks, although talks are still at an early stage for a share sale, the people said. The ongoing Covid-19 pandemic that’s hit air travel ...