Aviation

United Air launches nonstop service between US, Dubai

DUBAI / WAM United Airlines has launched a new nonstop daily service between its New York/Newark hub and Dubai International (DXB). United is the only US airline to offer non-stop flights between Dubai and the United States, flying to more destinations in the Middle East than any other US airline. The new service marks United’s return to Dubai, which the ...

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Germany faces travel chaos as airport, rail staff strike

BLOOMBERG Germany’s air and rail services ground to a halt during a one-day strike as workers join peers in France and the UK to fight for higher pay. The walkout also affects some ports, with the Verdi and EVG transport and railway unions coming together in a strike that resulted in severe disruption to travel. Verdi is demanding a raise ...

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Mining tycoon in India fights to clear Vedanta’s debt

BLOOMBERG For decades, Anil Agarwal cultivated a reputation as one of India’s great survivors. Starting as a scrap metal dealer, the billionaire magnate built a mining conglomerate to rival any other, weathering cash crunches, government friction and disputes with Indigenous people over expansion plans. But in recent months, Agarwal has faced one of his toughest acts yet. The tycoon’s Vedanta ...

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Cathay Pacific in talks to add 50 of Airbus’ A320neo-type aircraft

BLOOMBERG Cathay Pacific Airways is in talks with aircraft lessors as it seeks to source as many as 50 of Airbus SE’s A320neo-type aircraft, people familiar with the discussions said, with Hong Kong’s main carrier aiming to ramp up and potentially expand following the scrapping of Covid curbs. Given Airbus’s order book that stretches out several years, Cathay and its ...

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Bombardier climbs as its CEO sees faster growth, lower debt

BLOOMBERG When Eric Martel returned to Bombardier Inc in the spring of 2020, the company was hardly recognisable from the one he’d left five years earlier. Bombardier had just sold its two biggest divisions, which built commercial jets and trains, in a desperate, sell-anything-you-can effort to raise money. A new viral disease called Covid-19 was ripping around the globe, forcing ...

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Boeing secures $1bn Japan Air order for 737 Max jets

BLOOMBERG Boeing Co secured a win in Japan with an order from the nation’s flag carrier for 21 of its 737 Max aircraft, getting in ahead of rival Airbus SE, which was initially seen as the frontrunner. The single-aisle jets will be delivered to Japan Airlines Co and flying from 2026, the carrier and Boeing said in a joint statement. ...

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IAWA tells airlines to reward managers who hire more women

BLOOMBERG Airlines should financially reward managers who hire more women, said the International Aviation Womens Association (IAWA), after industry data showed almost zero progress towards gender parity in the past four years. Women typically hold just 13% of executive posts at carriers, even fewer than in financial services firms, Bloomberg analysis showed last month. The proportion of female pilots, technicians ...

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Delta, United offer to trim flights at busy airports in summer

BLOOMBERG Delta Air Lines Inc and United Airlines Holdings Inc are offering to trim flights by as much as 10% at some of the country’s busiest airports this summer to ease congestion and delays — but only in return for a promise from federal regulators that they can get them back. The Federal Aviation Administration (FAA) has reached out to ...

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EU planning to give parts of aviation industry green label

BLOOMBERG The European Union (EU) will put forward rules outlining how some aircraft can be considered climate-friendly under the region’s green rulebook, offering a roadmap towards a cleaner future for an industry that’s traditionally had a huge carbon footprint. The commission, the bloc’s executive branch, will propose adding aircraft manufacturing and leasing to the bloc’s green taxonomy if they meet ...

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India’s IndiGo all set to fuel growth this decade

BLOOMBERG IndiGo, India’s top airline with an operational fleet of 302 aircraft and an order book of nearly 500 jets, has ample capacity to fuel its growth as well as take on intensifying competition, according to its top executive. “IndiGo is in a very good spot,” Pieter Elbers, chief executive officer of InterGlobe Aviation Ltd said in an interview at ...

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