Aviation

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 ...

Bloomberg China’s top three airlines told analysts the government’s tight restrictions on international flights could last into the first half of next year due to Covid-prevention measures ahead of the Beijing Winter Olympics in February, HSBC Holdings Plc said. The continuation of curbs means a full international travel recovery isn’t likely until 2024, analysts including Parash Jain wrote in a ...

Bloomberg Airbus SE secured an order for 36 single-aisle planes from UK leisure carrier Jet2 Plc, picking off a Boeing Co customer with steep discounts as it seeks to regain sales momentum. The A321neo jets, scheduled for delivery over five years through 2028, are valued at $4.9 billion before “significant discounts,” Jet2 said in a statement. The number of planes ...

Bloomberg India is set to absolve bidders for its loss-making flag carrier from any liability arising out of a lawsuit filed by Cairn Energy Plc, which has claimed the state-run airline’s assets over a long-running tax dispute with the government, according to people familiar with the matter. Prime Minister Narendra Modi’s administration will offer so-called indemnity to the financial bidders ...

Bloomberg Southwest Airlines Co was sued by its pilots union and accused of violating federal labour law by unilaterally changing working conditions, rules and pay rates as travel collapsed because of the coronavirus pandemic. The carrier violated the Railway Labor Act by making changes in its contract, the Southwest Airlines Pilots Association said in a lawsuit filed in a Dallas ...

Bloomberg European airlines hoping to extend the holiday season are running up against the start of the school year that’s denting family bookings, while the spread of the delta variant of Covid-19 prompts new travel curbs. Carriers including Ryanair Holdings Plc are keeping prices low to prolong leisure demand through October. The airline is also beefing up winter timetables in ...

Bloomberg Southwest Airlines Co increased the number of workers it wants to hire by 16% to 5,200, part of an effort to ease flight disruptions and reduce overtime, even as the carrier pares service. The airline wants to add the new employees by the end of November to reduce delays and cancellations, Chief Executive Officer Gary Kelly said. It has ...

Bloomberg Vietnam Airlines JSC is pushing ahead with plans to start its first flights to the US in late October even as it seeks to mitigate losses from the virtual suspension of operations during the nation’s worst coronavirus outbreak. The carrier will use either Boeing Co 787 or Airbus SE A350 aircraft for its inaugural US route — Ho Chi ...