Aviation

Ryanair to start flying modified 737 Max after US signoff

Bloomberg Ryanair Holdings Plc is poised to begin flights with a new variant of the Boeing Co 737 Max jet after US regulators signed off on a model that’s set to cut costs by squeezing in almost 200 passengers. The discount carrier expects to take delivery of its first Max 200 this month, becoming the first operator of the plane, ...

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Frontier debut fizzles in its second US airline IPO

Bloomberg Frontier Group Holdings Inc struggled to gain traction in its trading debut after selling shares at the bottom of a marketed range. The stock slipped less than 1% to close at $18.85 in New York after an initial public offering at $19 a share. By contrast, rival discounter Sun Country Airlines Holdings Inc opened with a pop after an ...

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Lufthansa pitches $6.5b proposal to raise capital

Bloomberg Deutsche Lufthansa AG will ask shareholders to approve a capital increase that would open a path towards removing the German government as its biggest shareholder. The proposed 5.5 billion euros ($6.5 billion) in fresh capital would give Europe’s largest airline enough cash to replace a so-called silent participation, a major part of Lufthansa’s 9 billion-euro bailout from the state. ...

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United Air to restart pilot hiring in sign of rebound

Bloomberg United Airlines Holdings Inc will resume pilot hiring as the carrier sees signs of a sales recovery amid expanding US vaccination campaigns. The carrier will begin with 300 pilots who received a conditional job offer last year or had a new-hire class that was canceled, Bryan Quigley, senior vice president of flight operations, told employees. The decision followed a ...

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Boeing climbs over big order for smallest Max

Bloomberg Boeing Co rose after Southwest Airlines Co ordered 100 of the smallest version of the 737 Max, cementing a half-century relationship and ending a public flirtation with Airbus SE. The deal for Max 7 planes strengthens Boeing’s first-quarter sales as well as its campaign to bolster its single-aisle aircraft program after two fatal crashes spurred a record flying ban ...

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Air France-KLM board to meet on state rescue

Bloomberg Air France-KLM’s board is preparing to meet on Monday to consider a recapitalisation plan for its French arm, according to people familiar with the matter. The multi-billion-euro package would be up for discussion after a deal was reached between the French government and the European Commission. The commission had antitrust concerns, said the people, who asked not to be ...

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Airbus touts sustainable fuel jet plan

Bloomberg Airbus SE will buttress its moonshot plan to build a hydrogen aircraft by the middle of the next decade with an effort to power conventional jets with sustainable fuels. CEO Guillaume Faury said that he’s confident the European planemaker can bring a hydrogen plane into service by 2035. In the meantime, Airbus will work to increase the amount of ...

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Vietnam authority seeks to resume international flights

Bloomberg Vietnam’s aviation authority proposed a gradual resumption in international passenger flight arrivals starting in July, the agency said in a post on its website. The agency suggests allowing limited weekly flights between Vietnam and Japan, South Korea and Taiwan with passengers subject to virus tests and 15-day quarantines, according to the website, which cited the agency’s proposal to the ...

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American Airlines to put most jets back in service as travel rebounds

Bloomberg American Airlines Group Inc expects to put most of its fleet back in service in the second quarter following “recent strength in domestic and short-haul international bookings” that hint at a gathering travel rebound. Falling infections and hospitalisations and rising vaccinations have spurred demand after a blow early this year when the US required negative coronavirus tests for international ...

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French government, EU close in on rescue plan for Air France

Bloomberg French Finance Minister Bruno Le Maire said the government and the European Commission are nearing a deal for the recapitalisation of Air France that could be finalised in the coming days. “The negotiation was long and difficult and isn’t entirely finished,” Le Maire said on Monday on France Info radio. The accord will be fair and protective for Air ...

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