Aviation

Bloomberg Airlines around the world diverted flights from the airspace over Iran, Iraq, and the Persian Gulf after Tehran fired more than a dozen missiles at US forces in the region. In the wake of the attack, carriers ranging from Singapore Airlines Ltd and Qantas Airways Ltd to Air France-KLM and Deutsche Lufthansa AG have said they’re avoiding the area, ...

Bloomberg A major parking-garage fire at an airport on Norway’s west coast destroyed hundreds of cars, grounded air traffic and led to an evacuation of the facilities. The fire, which started on January 07 afternoon and spread to several floors of the garage, was partly contained by 9:30 pm local time, Norwegian news agency NTB reported, citing police. There were ...

Bloomberg JetBlue Airways Corp said it will become the first large US airline to offset emissions from all of its domestic flights, aiming to become carbon neutral by July as pressure grows on the industry from climate change activists. The carrier also will begin using sustainable aviation fuel on its flights from San Francisco International Airport, the New York-based airline ...

Bloomberg American Airlines Group Inc has reached a settlement with Boeing Co over last year’s financial blow from the 737 Max grounding, and the carrier said it would share about $30 million of the proceeds with employees. The companies are still in talks over compensation for damages beyond 2019, American said in a statement. The Max’s absence since March shaved ...

Bloomberg Shares in Norwegian Air Shuttle ASA rose after the budget airline that had once targeted growth at any cost showed it’s now improving profitability. The carrier, which is based in a suburb of Oslo, gained as much as 6.5% on Tuesday. Norwegian, which has grappled with high debts for years, said its unit revenue rose 21% in December, marking ...

Bloomberg Federal aviation regulators are considering requiring pilots to complete simulator training before they can operate Boeing Co’s 737 MAX jets again, the Wall Street Journal reported, citing government and industry officials familiar with the matter. The Federal Aviation Administration (FAA) originally rejected the idea, causing extra costs and delays for airlines, the Journal said. But in recent weeks officials ...

Bloomberg Boeing Co is looking at raising additional debt to help bolster its resources following the grounding of its 737 Max jetliner, Dow Jones reported. While Boeing had about $20 billion in available funds at the end of the third quarter, costs stemming from the Max crisis are increasing, the news agency said, citing people familiar with the matter it ...

Bloomberg The number of fatal aviation accidents in 2019 rose above the five-year average to 20, with more than half occurring in North America, the Aviation Safety Network said. The 20 crashes killed 283 people, with the bulk of the deaths coming from the Ethiopian Airlines disaster in March, when a Boeing Co 737 Max jet plunged into the ground ...

Bloomberg Inspectors at a Japanese airport didn’t conduct X-ray checks on large cases before they were loaded onto a private jet that’s thought to have carried Carlos Ghosn as the former Nissan Motor Co chief executive officer escaped to Turkey, NHK reported on Sunday. Kansai International Airport inspectors didn’t examine the cases as they were too big to fit into ...

Bloomberg Airbus SE shares climbed the most in three months after the aircraft manufacturer looked on course to meet its full-year deliveries target, strengthening its hand against wounded rival Boeing Co. A December flurry of Airbus planes sent to buyers pushed the 2019 number to about 860, based on preliminary findings, according to a person familiar with the matter, who ...