Aviation

BLOOMBERG JetBlue Airways Corp and American Airlines Group Inc are seeking to keep components of their US Northeast operating alliance intact while winding down other elements, part of a high-stakes antitrust battle playing out in court. The airlines want to keep codeshare and loyalty agreements in place, but are willing to stop joint scheduling and sales, they said in a ...

BLOOMBERG EasyJet Plc cancelled about 100 flights to and from London Gatwick Airport between June 11 and June 12 because of thunderstorms that hit southern England. Flight-tracking site FlightAware showed that EasyJet was the No 1 airline for disruptions, with 70 cancellations and 294 delays on June 11 and 26 cancellations and 181 delays. Gatwick said it canceled 48 outbound ...

BLOOMBERG Saudi Arabian low-cost carrier Flynas is in talks for an Airbus SE jet order, according to people familiar with the matter, as airlines in the country bulk up operations to better compete with regional rivals. The carrier may announce an accord with the European planemaker as soon as the Paris Air Show starting early next week, said the people, ...

BLOOMBERG Japan’s two biggest airlines are in advanced talks to buy aircraft from Airbus SE and Boeing Co, with announcements possible as soon as the Paris Air Show this month, according to people familiar with the matter. All Nippon Airways (ANA) is looking to place orders for as many as 50 Airbus A321neo jets, said the people, who asked not ...

BLOOMBERG KLM will need to defend its ad campaign promoting climate-friendly flying in court over greenwashing allegations after an Amsterdam judge paved the way for a full trial. The Dutch arm of Air France-KLM’s advertisements “breach EU consumer law standards by creating a false impression that its flights do not contribute to the worsening climate emergency,” environmental campaigners Fossielvrij and ...

BLOOMBERG Boeing Co will delay deliveries of its 787 Dreamliner after uncovering a defective part in recent days, a setback as the planemaker works to meet soaring demand for its long-range aircraft. The flaw may affect about 90 already-built Dreamliners that haven’t yet been delivered, Boeing said, as well as a handful of planes on its final assembly line in ...

BLOOMBERG Boeing Co’s top executive is growing confident the company can soon restore its commercial standing in China, while cautioning about a rocky path ahead as the two superpowers joust over trade and politics. The US manufacturer is working to restart deliveries of the 737 Max, its top source of revenue, in China after a four-year halt. Over that hiatus, ...

BLOOMBERG JetBlue Airways Corp agreed to sell Spirit Airlines Inc’s operations at New York’s LaGuardia Airport to rival carrier Frontier Group Holdings Inc. The deal is contingent upon JetBlue closing a planned $3.8 billion acquisition of Spirit, according to a statement. JetBlue had earlier pledged to divest some assets to help secure federal approval of the acquisition, which has been ...

BLOOMBERG Macy’s Inc said earnings will be weaker than previously expected for the full-year, underscoring the uncertainty around US consumer spending through the remainder of 2023. The department-store retailer said it would take markdowns and other measures to address excess spring merchandise in order to meet current consumer demand. It lowered sales guidance to “reflect anticipated macroeconomic impacts to the ...

BLOOMBERG British Airways (BA) was fined $1.1 million by the US Department of Transportation after it determined that the airline had failed to offer passengers timely refunds for canceled flights to and from the US during the Covid-19 pandemic. Customers were unable to submit refund requests on BA’s website from March to November 2020, and were unable to reach customer ...