Aviation

BLOOMBERG US airlines continued to grapple with flight disruptions heading into the busy weekend ahead of Independence Day, keeping the industry on edge even as the recent volatility driven by bad weather and air-traffic control limits showed signs of subsiding. United Airlines Holdings cancelled 8% of its flights as of mid-afternoon on June 30 and delayed 21%, according to data ...

BLOOMBERG United Airlines Holdings Inc will have to change, and possibly reduce, its flight schedule at Newark Liberty International Airport while work is under way to expand the number of gates for the carrier, Chief Executive Officer Scott Kirby said in a letter to employees. The letter follows days of extensive flight disruptions as airlines across the US dealt with ...

BLOOMBERG Singapore Airlines Ltd slumped the most in more than a year after a block of shares amounting to nearly 3% of the float traded on June 30. Singapore state-owned investment firm Temasek Holdings Pte had earlier offered to sell the same number of shares, according to terms of the deal seen by Bloomberg. The carrier closed down 4.7% at ...

BLOOMBERG JetBlue Airways Corp is raising questions about US air traffic control actions, joining United Airlines Holdings Inc in blaming federal regulators for worsening congestion on a heavy travel week ahead of the Independence Day holiday. Government officials dismissed the carriers’ complaints as baseless, saying weather has led to elevated flight cancellations and delays that left thousands of customers stranded ...

BLOOMBERG Airbus SE reigned supreme at the Paris Air show, kicking off with a mammoth 500-plane order from low-cost carrier Indigo. Now all it has to do is find enough workers to build them. Lurking just beneath the spectacle of multi-billion dollar aircraft sales and aerial acrobatics on display outside the French capital is a shortage of parts and labour ...

BLOOMBERG India’s Akasa Air is in talks with Boeing Co to place a small follow-on order for 737 Max single-aisle jets if it can lock down financing, according to people familiar with the matter. The US planemaker is working to finalise negotiations as soon as this week at the Paris Air Show, the people said, asking not to be identified ...

BLOOMBERG Air-traffic controllers across the US will receive new monthly safety training sessions to address the spike in serious near-collisions on airport runways earlier this year. The Federal Aviation Administration (FAA) is conducting the mandatory training starting in July, the agency said in a press release. The National Air Traffic Controllers Association union is collaborating with the effort, the FAA ...

BLOOMBERG The fortunes of Singapore Airlines Ltd and Cathay Pacific Airways Ltd, the flagship airlines of two of Asia’s most important financial hubs, differed during the pandemic and continue to diverge in its aftermath. Their valuations are revealing — Singapore Air’s market value of $17 billion is almost three times that of Cathay’s. Four years ago the difference was only ...

BLOOMBERG  Cathay Pacific Airways Ltd will recruit more cabin crew from mainland China and widen the use of Mandarin language on flights, its chief executive officer said, less than a month after the carrier fired three flight attendants for disparaging passengers who didn’t speak English. “With the growing number of Putonghua-speaking customers, it has always been our intention to recruit ...

BLOOMBERG  Boeing Co is preparing to accelerate production of its cash-cow 737 jets “soon,” the planemaker’s commercial chief said, as the company makes progress towards addressing a supplier defect that has slowed deliveries. The rate break to a 38-jet monthly pace will happen “sooner rather than later,” Stan Deal, who heads Boeing’s commercial airplane business, said in Paris ahead of ...