Aviation

Bloomberg Air Canada reached a deal with the Canadian government for loans and equity worth nearly C$5.9 billion ($4.7 billion), a package to help the airline get through the pandemic and restore flights to remote parts of the country. The state, which sold off its ownership interest in the 1980s, will once again own a piece of Canada’s largest airline, ...

Bloomberg London’s Heathrow faces opposition from some board members to its plan to raise 2.8 billion pounds ($3.8 billion) from airlines and customers by increasing airport prices, the Telegraph newspaper reported. Heathrow’s demands to change a complex regulatory framework so it could recoup losses caused by the pandemic have been rejected by the Civil Aviation Authority, the newspaper said. A ...

Bloomberg Wealthy people in Japan are turning to private jets in greater numbers as they seek to eschew crowded airports amid the ongoing coronavirus pandemic. The push means that ANA Holdings Inc.’s private jet charter business is expecting sales of 1 billion yen ($9 million) in the 2022 fiscal year, Jun Katagiri, the chief executive officer of ANA Business Jet ...

Bloomberg Airbus SE shook up its senior leadership, with the heads of its defense and technology units set to leave the company. Dirk Hoke, chief executive officer of the defense and space division, will pursue other opportunities and depart on July 1, the European planemaker said in a statement. He will be succeeded by Chief Operating Officer Michael Schoellhorn. Chief ...

Bloomberg The UK said it will decide by early next month whether Britons can resume taking international holidays on May 17, while implementing coronavirus testing rules that airlines criticised as too costly. Countries will be rated according to their Covid-19 risk in a traffic light system, the Department for Transport said. At a minimum, travellers will need to buy a ...

Bloomberg Airbus SE handed over 72 aircraft last month, stepping up deliveries even as coronavirus flare-ups delayed a recovery in air travel. The surge confirmed an earlier Bloomberg report and marked the best performance so far this year for the European planemaker. Its quarterly total of 125 surpassed the 122 aircraft delivered in the year-ago period, largely before the pandemic ...

Bloomberg Boeing Co expects India’s air passenger traffic to double from pre-pandemic levels by 2030 even as any imminent travel recovery looks to be thwarted by a second Covid wave in the South Asian nation. “Although the Covid-19 pandemic sharply reduced Indian air travel last year, the country’s domestic passenger traffic is recovering more rapidly than in most other countries ...

Bloomberg One of two new US low-cost airlines, the first to debut in more than a decade, is about to begin flying just as larger rivals rush to entice customers to return to the skies this summer. Avelo Airlines plans to begin flights on April 28 with 189-seat Boeing Co 737-800 jets going from Burbank, California, to Santa Rosa. Additional ...

Bloomberg Decades after being unshackled from government control, many of Europe’s largest airlines are being forced back into the arms of states by the pandemic. With air travel still showing no signs of recovery in the region, the carriers may have to contend with their saviours as powerful shareholders for some time to come. Air France-KLM became the latest to ...

Bloomberg Ryanair Holdings Plc can begin taking delivery of the Boeing Co 737 Max jet after European regulators signed off on a version of the single-aisle model that can squeeze in almost 200 passengers. The European Union Aviation Safety Agency (EASA) issued a type certificate for the so-called Max 200 model, according to a notification on its website. The action ...