Aviation

Bloomberg Philippine Airlines Inc has been in talks with its aircraft lessors about reducing its fleet size and returning some planes as part of a restructuring process, President Gilbert Santa Maria said in an interview with CNN Philippines. The carrier is stepping up cargo operations and flying to new destinations, particularly to the Pacific region, to generate revenue, Santa Maria ...

Bloomberg EasyJet Plc has hired headhunters to find a successor for its chairman, John Barton, with the aim of having a candidate in place by next year’s annual general meeting, Sky News reported, citing the company. The low-cost airline is working with Lygon Group to replace Barton, who’s preparing to step down. He’ll have served nine years in May 2022, ...

Bloomberg Philippine Airlines Inc is in talks with plane lessors about reducing its fleet size and has told them it’s considering a Chapter 11 filing in the US to carry out a restructuring, according to people familiar with the plan. The airline could return at least two Airbus SE A350s to lessors and four of the 10 Boeing Co. 777s ...

Bloomberg Go Airlines India Ltd, a no-frills carrier controlled by the Wadia Group, has sought approval from India’s markets regulator to raise as much as 36 billion rupees ($490 million) through an initial public offering. The company may consider a pre-IPO share issue of as much as 15 billion rupees, the airline said in its prospectus, adding the IPO size ...

Bloomberg Delta Air Lines Inc will require that new hires be vaccinated against Covid-19, aiming to protect employees and customers as demand for domestic air travel continues to climb. The carrier has “made great progress to achieve herd immunity,” a trajectory it wants to maintain with the new standard, Delta said. Vaccination isn’t required for current workers, though more than ...

Bloomberg Boeing Co jumped after regulators signed off on repairs that would end a temporary grounding of newer 737 Max models, clearing the way for the planemaker to resume deliveries of a jetliner crucial to its financial turnaround. The planemaker sent two service bulletins to 737 Max operators, providing instructions to repair a flight-deck electrical issue that sidelined 106 Max ...

Bloomberg Vietnam’s Civil Aviation Authority is proposing the construction of an airport in the disputed Spratly Islands, Thanh Nien newspaper reported. The aviation agency seeks to include a Spratlys airport in the transport ministry’s 2021-2030 master plan, Thanh Nien reported, citing the proposal sent to the ministry. The aviation agency’s May 10 proposal also includes airports on non-disputed islands of ...

Bloomberg Flush with bailout funds, Air Canada called on the government of its home country to lay out a plan for reopening borders as vaccination progresses. Canada’s biggest air carrier is in a position to ramp up operations after reaching a deal for nearly C$5.9 billion ($4.8 billion) in debt and equity with the federal government last month. Chief Executive ...

Bloomberg Airbus SE expects China to become a legitimate rival in global planemaking by the end of the decade, upending the long-standing duopoly between the European company and US rival Boeing Co. China has long been a big customer for both manufacturers, accounting for a fifth of Airbus deliveries last year. The country is finally close to success in its ...

Bloomberg Britain will permit relatively open leisure travel to just 12 nations and territories including Portugal as it seeks to restart tourism while keeping control over the coronavirus pandemic. A legal ban on international leisure trips will be eased from May 17, the Department for Transport confirmed. Return journeys from approved countries will require Covid-19 tests but no period of ...