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 ...
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Big airline orders move ahead despite variant
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 ...
Read More »United Air to move operations staff to suburb in blow to Chicago
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 ...
Read More »Mexico’s Interjet sees return to skies in 2022 with Czech planes
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 ...
Read More »British Airways, Phillips 66 reach pact on clean jet fuel
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 ...
Read More »UK to require pre-arrival Covid tests
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 ...
Read More »China to bring back 737 Max to skies after 3-year grounding
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 ...
Read More »Kazakh airline Air Astana considers IPO next year
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 ...
Read More »Cathay Pacific Air plans to hire hundreds of pilots as morale falls
Bloomberg Cathay Pacific Airways Ltd plans to hire hundreds of pilots next year, amid reports of a rising number of resignations as Hong Kong’s Covid policies severely constrain manpower and weigh on morale at the airline. “We plan to employ several hundred pilots in the coming year, many of whom have already expressed an interest in being part of the ...
Read More »Avianca exiting bankruptcy with low-cost flexibility, says CEO
Bloomberg Avianca Group International Ltd is emerging from bankruptcy with plans to compete with low-cost carriers on price while keeping parts of the business that made it Latin America’s second-largest airline before the Covid-19 pandemic hit. Chief Executive Officer Adrian Neuhauser said the company was able to slash debt and build up liquidity during an 18-month Chapter 11 reorganisation that ...
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