Aviation

Bloomberg The UK government eased coronavirus testing requirements for fully vaccinated people arriving in England, removing a significant barrier to travel and boosting airlines and tourism firms. Those with two doses flying from nations that aren’t high risk will be exempt from a pre-departure test, while screening after arrival will be downgraded to quicker and cheaper lateral-flow tests, according to ...

Bloomberg Airbus SE union IG Metall said it could call for further industrial action in a dispute over the planemaker’s plans to restructure German parts operations. The labour group held a day of strikes and rallies to protest plans to overhaul subsidiaries that make wing and fuselage sections. The move, first announced in April, would involve the creation of new ...

Bloomberg British Airways operated what was billed as a “carbon neutral” flight this week between London and Glasgow, as it tries to burnish its green credentials in the lead-in to next month’s COP26 climate summit in Scotland. While it was a lower-emissions flight, the attempt by IAG SA’s flagship airline to apply a zero-carbon label exposes the problems that the ...

Bloomberg Ryanair Holdings Plc plans to create 5,000 European jobs over the next five years as the airline returns to growth following the coronavirus slump. The Dublin-based carrier will need to add aviation crew to meet demand from an expanded Boeing Co 737 fleet, unit Chief Executive Officer Eddie Wilson said in an emailed statement. The airline expects passenger numbers ...

Bloomberg Avianca Holdings SA won court approval to send its reorganisation plan to creditors for a vote, bringing the Colombian air carrier one step closer to exiting bankruptcy under new ownership. Lenders and noteholders who agreed to refinance their debt at the beginning of Avianca’s bankruptcy case last year will get 72% of the airline’s equity in exchange for canceling ...

Bloomberg Airbus SE upped the ante in its bid to win a helicopter order from Britain’s Royal Air Force, promising to build all military versions of the H175M model it’s pitching at a new plant in the UK. The assembly line will be installed next to Airbus’s jetliner wing factory in Broughton, Wales, if it’s selected to replace a fleet ...

Bloomberg Southwest Airlines Co Chief Operating Officer (COO) Mike Van de Ven was named president, effective immediately, replacing Tom Nealon, who chose to retire. Nealon’s departure comes less than three months after Southwest selected Executive Vice President Bob Jordan to replace Gary Kelly as chief executive officer, starting from February 1. Nealon, 60, will remain a strategic adviser at the ...

Bloomberg KLM has opted to accommodate crew members who aren’t vaccinated against Covid-19, rather than issuing mandates as more global destinations require shots. The Dutch arm of Air France-KLM will ask pilots and flight attendants to register their vaccine status, but not require inoculation, it said. Schedules will be adjusted to avoid sending those who aren’t vaccinated to destinations where ...

Bloomberg HNA Group secured strategic investors for its airline and airport businesses, a key step in the once high-flying Chinese conglomerate’s state-run reorganisation and bid to move beyond its debt woes. The administrators of HNA’s restructuring program have decided to bring in Liaoning Fangda Group Industrial Co as strategic investor for the airline business and Hainan Development Holdings Co for ...

Bloomberg Sydney Airport relented to suitors after extracting a sweetened A$23.6 billion ($17.4 billion) takeover offer that underscores the battered travel industry’s appeal to long-term investors. The airport said on Monday it will to open its books to bidders led by IFM Investors after they increased their indicative offer 3.6% to A$8.75 a share. Sydney Airport said it plans to ...