Aviation

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 ...

BLOOMBERG  JD.com aims to create seven listed firms with market values of $14 billion apiece, outlining aggressive targets spanning two decades as it wrapped its signature 2023 sales gala with another record haul. Sales volume during its “6.18” June online bargains event, reached an all-time high, the company said in a WeChat post. The summer online sales event, in which ...

BLOOMBERG  Airbus SE is in talks with Grupo Viva Aerobus SAB for a large narrowbody aircraft order that would fuel the Mexican low-cost carrier’s expansion, people familiar with the discussions said. The companies held talks and were expected to announce an accord at the Paris Air Show starting from Monday, said the people, asking not to be identified discussing private ...

BLOOMBERG  The Federal Aviation Administration (FAA) said it will investigate an incident where the wing of a United Airlines Holdings Inc flight clipped the tail of a Delta Air Lines Inc plane at Boston Logan International airport. The incident occurred while United Flight 369 was taxiing and Delta Flight 1657 was at a holding pad, the FAA said in a ...

BLOOMBERG United Airlines Holdings Inc is offering its pilots a contract with an incremental value in excess of $8 billion over four years, a figure that would make it the richest deal ever for a mainline US carrier. The company is negotiating weekly as it tries to reach a formal agreement with the union, Chief Executive Officer Scott Kirby said ...