Bloomberg An Air Canada passenger flight with 128 passengers on board landed safely at Madrid’s Barajas airport after the aircraft suffered damage following takeoff. The aircraft made its emergency landing “without incident†shortly after 7pm in Madrid and engineers were now checking it over, airport operator AENA said in a tweet. Flight AC837 bound for Toronto had earlier aborted its ...
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Coronavirus may keep Europeans’ travel plans closer to home: Ryanair
Bloomberg Ryanair Holdings Plc said demand for air travel within Europe could receive an unlikely boost if the Chinese coronavirus epidemic persists, prompting people to holiday closer to home. Trends from 2003, when travellers shunned Asia after the Severe Acute Respiratory Syndrome (Sars) outbreak, suggest consumers may begin to alter their travel habits, Ryanair Chief Financial Officer Neil Sorahan said. ...
Read More »Malaysia probes allegations Airbus bribed AirAsia bosses
Bloomberg Malaysia’s anti-graft agency said it’s already investigating corruption allegations surrounding AirAsia Group Bhd as detailed in Airbus SE’s record $4 billion bribery settlement. The Malaysian Anti-Corruption Commission is in touch with UK authorities on the matter, Chief Commissioner Latheefa Koya said in a statement. Documents filed in the Airbus case said the planemaker paid $50 million in sponsorships to ...
Read More »No 737 Max wiring fixes needed: FAA
Bloomberg Potentially dangerous wiring in Boeing Co’s 737 Max jets is the most recent flare-up between US and European regulators, further complicating the grounded plane’s return to service, according to the Wall Street Journal, which cited people familiar with the details. Experts at the European Union Aviation Safety Agency want certain wires moved to reduce the risk of short circuits, ...
Read More »India in talks with nine firms for flag carrier sale
Bloomberg Indian officials met with as many as nine companies during roadshows to gauge interest in a stake sale in the nation’s loss-making flag carrier, people with knowledge of the matter said. Officials from the South Asian nation met executives of companies including British Airways parent IAG SA, IndiGo, India’s biggest airline that’s operated by InterGlobe Aviation Ltd, SpiceJet Ltd ...
Read More »Coronavirus seen pushing some weakest carriers out of business
Bloomberg The fast-spreading coronavirus could spell the end for the weakest airlines as travel demand dries up in and out of China. The outbreak, which originated in the Chinese city Wuhan, has claimed 200 lives. Total infections have soared past 11,700 in China, surpassing the country’s official number from the 2003 Sars epidemic. Sars cost the global economy an estimated ...
Read More »Airlines suspend more flights to China over virus spread
Bloomberg Airlines across the globe suspended more flights to China, as governments clamped down on travel to help stop the spread of the deadly Wuhan virus. British Airways halted daily routes to Beijing and Shanghai from London’s Heathrow airport, after UK officials advised against non-essential travel. The UK flag carrier said it would reassess over the next few days. Hong ...
Read More »SAA to get $239mn from state-run bank
Bloomberg South African Airways’s (SAA) business-rescue team said it’s been given access to 3.5 billion rand ($239 million) from the state-owned Development Bank of Southern Africa (DBSA) to avert the airline’s collapse. The team will immediately draw down 2 billion rand from the facility, they said in a statement. SAA has already cancelled some flights this month to save cash ...
Read More »Kobe Bryant copter company had four crashes in 35 years
Bloomberg Island Express Helicopters Inc, the California-based charter company involved in the latest crash that killed retired basketball star Kobe Bryant, has been involved in four previous crashes over the past 35 years, two of them fatal, according to government records. While the company hasn’t had an accident since 2008, it was cited in 2016 for failure to perform mandatory ...
Read More »Ryanair warns of job cuts on 737 Max delays
Bloomberg Ryanair Holdings Plc will reconsider its summer schedule and has warned employees of job cuts and base closures due to the protracted grounding of Boeing Co’s 737 Max jet, according to a memo to staff seen by Bloomberg. Europe’s biggest low-cost airline will redraw its summer 2020 timetable with 10 fewer planes, as it now only expects the first ...
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