Aviation

Bloomberg London City Airport, a favourite of regional business travellers, is seeing a tentative reawakening as British Airways and Deutsche Lufthansa AG restore flights to key financial centers. Services to Zurich, Frankfurt and Rotterdam are resuming this month, the airport’s chief operating officer, Alison FitzGerald, said in an interview. “We’re seeing some early signs of good load factors, some early ...

Bloomberg Deutsche Lufthansa AG is seeking to secure a deal on how Germany will wind down its investment in the airline before Angela Merkel’s government leaves office, a moment that could see a less sympathetic coalition sweep to power. The comments by Chief Executive Officer Carsten Spohr amount to an admission that his previous deadline of repaying the remainder of ...

Bloomberg Qantas Airways Ltd is likely to fly to several new overseas destinations next year after pushing ahead with plans to resume international flights from December. “We’ll probably try a lot of new routes internationally as certain borders open up,” Chief Executive Officer Alan Joyce said at a virtual business conference on Tuesday, without giving any specific destinations. Prior to ...

Bloomberg Ryanair Holdings Plc ended negotiations with US planemaker Boeing Co on a major follow-on order for 737 Max aircraft after failing to agree on pricing. Talks on the higher-capacity Max 10 single-aisle jets ended after 10 months, Ryanair said in a statement. Europe’s largest low-cost carrier has ordered 210 of the smaller Max-8200 already, with deliveries spanning the next ...

Bloomberg Philippine Airlines Inc expects to emerge from Chapter 11 bankruptcy before the end of the year, with a leaner fleet and fewer destinations as a recovery in travel demand isn’t likely in the next few years, President Gilbert Santa Maria said. Majority owned by billionaire Lucio Tan, the carrier filed for Chapter 11 bankruptcy in New York on Septmber ...

Bloomberg Airbus SE jetliner deliveries declined last month, according to people familiar with the matter, as an annual summer manufacturing lull impacted build rates. Toulouse, France-based Airbus handed over about 40 aircraft in August, down from 47 in July, according to the people, who asked not to be named before official figures are made public. The tally would take the ...

Bloomberg Philippine Airlines Inc filed for Chapter 11 bankruptcy in New York with a lender-supported plan that helps the country’s main carrier recover after the pandemic devastated global travel. The company aims to cut $2 billion in borrowings through a proposed restructuring plan, which needs court approval, it said. Philippine Airlines will also get $505 million in equity and debt ...

Bloomberg Wizz Air Holdings Plc has narrowed the gap with much larger Ryanair Holdings Plc during the coronavirus crisis, based on traffic figures for August, the peak month for summer tourist travel. Wizz carried almost one-third as many passengers as Ryanair last month, after expanding in markets such as Italy and Germany, according to traffic updates. In August 2019, the ...

Bloomberg Ethiopian Airlines Group plans to resume flights with the Boeing Co 737 Max jet by early next year after reaching an out-of-court settlement with the US planemaker over a deadly crash in March 2019. Chief Executive Officer Tewolde GebreMariam is now convinced “beyond reasonable doubt” the model is safe after various modifications. He had previously said Africa’s biggest carrier ...

Bloomberg Malaysia lifted its ban on Boeing Co’s 737 Max jet, ending more than two years of grounding following two crashes involving the aircraft. The directive is applicable to local and foreign airlines operating commercial flights in Malaysia using the aircraft, the Civil Aviation Authority of Malaysia (CAAM) said in a statement. Malaysia’s decision comes after authorities in several countries ...