Aviation

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 ...

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 ...

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. ...

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 ...

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 ...

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 ...

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 ...

BLOOMBERG Virgin Orbit Holdings Inc said it’s targeting “an incremental resumption of operations” after temporarily halting activities in the wake of a failed satellite launch a few months ago that threw the ambitious space program off course. “Our first step will begin on Thursday of this week, when we plan to return a subset of our team to focus on ...

BLOOMBERG  Air India Ltd is in talks with banks to help fund its recently announced record aircraft order, benefitting from the support of new owner Tata Sons Ltd, the carrier’s chief executive officer said. “We have the backing of Tata Sons, so there is financing available for these aircraft,” CEO Campbell Wilson said in an interview with Bloomberg News on ...

BLOOMBERG Canadian holidaymakers jetting south for spring break on red-eye flights with Flair Airlines Ltd were in for a surprise when the Boeing Co 737s they were about to board were seized by agents acting on behalf of a jet leasing firm that manages the planes. The episode emerged from a $50 million lawsuit filed by Flair in the Ontario ...