Aviation

Bloomberg US investigators plan to begin scanning the sea bed off Hawaii in search of the wreckage of a Boeing Co 737-200 that went down after losing power in both its engines. Special sonar devices that can map the sea bed will be used to locate critical wreckage and the jet’s two crash-proof recorders, the National Transportation Safety Board (NTSB) ...

Bloomberg The US Department of Transportation is moving to require airlines to refund fees to passengers for checked bags if the luggage is significantly delayed to the destination, according to a person familiar with the measure. The proposal will also require airlines to promptly make refunds for other services air passengers pay for and don’t receive — including advance seat ...

Bloomberg Sydney Airport received a A$22.3 billion ($17 billion) takeover offer from a group including IFM Investors in what would be Australia’s largest acquisition and one of the boldest bets on a recovery in global travel since the pandemic started. The offer values Sydney Airport shares at A$8.25 each, the company said in a statement on Monday. While that’s 42% ...

Bloomberg New Zealand plans to more than triple a levy it charges travelers crossing the border, running the risk of slowing a fragile recovery in the tourism sector, according to the industry body. The government has in principle agreed to raise the border processing levy for air passengers to NZ$63 ($44) from NZ$20.11 on December 1, Tourism Industry Aotearoa (TIA) ...

Bloomberg Rolls-Royce Holdings Plc is increasingly optimistic that it can move beyond the jet-engine issues that have cost it billions of pounds and provided an unwelcome distraction during years of restructuring work. Final fixes to a litany of glitches that plagued the Trent 1000 turbine powering Boeing Co’s 787 Dreamliner should be made this year, engineering and technology director Simon ...

Bloomberg PT Lion Mentari Airlines is struggling to make payments to lessors on some of its planes, according to people familiar with the matter, as the pandemic tips it ever closer to financial peril. Indonesia’s largest discount carrier has grounded some 25 aircraft because it hasn’t paid lessors that are owed at least $500 million, one of the people said, ...

Bloomberg The lucrative North Atlantic flight corridor that links European tourism and business meccas like Paris and London with the US has been starved for traffic for the past 18 months, depriving some of the world’s biggest airlines of revenue from their most profitable journeys. Now carriers including Emirates, United Airlines Holdings Inc and British Airways are gearing up again, ...

Bloomberg Ryanair Holdings Plc Chief Executive Officer Michael O’Leary said the Irish carrier could almost double its passenger capacity through the rest of the summer as the European Union reopens for travel. Europe’s biggest discount airline expects to attract up to 9 million passengers in July and August compared with 5 million in June and just 1.7 million in May, ...

Bloomberg Airlines follow a pretty simple formula for success — fill as many seats and fly as many hours as possible, and keep a young fleet. One Indian budget carrier is going another way to drum up income — not flying. SpiceJet Ltd hasn’t flown any of its Boeing Co 737 Max jets for more than 27 months, after two ...

Bloomberg Devas Multimedia Pvt, a company seeking over $1.2 billion it won in international arbitration from India, has joined Cairn Energy Plc in seeking to seize Air India Ltd’s assets abroad. Calling the flagship airline an “alter ego” of the Indian state and therefore liable for the sovereign’s debts, Devas filed a petition in New York asking Air India to ...