Aviation

Bloomberg Airbus SE’s plans to ramp up production of its Eurofighter aircraft and other key weapons systems are being held back because governments aren’t committing to orders, the head of its defense unit said. Michael Schoellhorn, the chief executive officer of Airbus Defence and Space, said he expects an uptick in orders for jets, drones and space-based products in the ...

Bloomberg Lockheed Martin Corp. has outlined plans to build a satellite factory in the UK, which would be its first such facility outside of the US, according to a report in the Telegraph. The Maryland-headquartered defence company has been looking into suppliers around the northern city of Newcastle, an emerging hub for space technology, said the company’s UK Chief Executive ...

  Bloomberg JetBlue Airways Corp is preparing for a possible lawsuit from the US Justice Department seeking to block the carrier’s merger with Spirit Airlines Inc. While antitrust authorities haven’t yet revealed whether they plan to take action to prevent the deal, JetBlue Chief Executive Officer Robin Hayes said the company’s legal team is ready to fight back if necessary. ...

Bloomberg Korean Air Lines Co’s bid to acquire smaller South Korean rival Asiana Airlines Inc for 1.8 trillion won ($1.4 billion) faces an in-depth merger review in the European Union after regulators expressed antitrust concerns. The European Commission (EC) warned the deal “could eliminate potential competition in passenger transport services” between the EU region and South Korea and also that ...

  Bloomberg The number of people passing through Hong Kong’s airport jumped last month as travel restrictions eased and China reopened borders for the first time since the pandemic began. Hong Kong International Airport reported 2.1 million passengers in January, nearly 2,900% growth from the same period last year. Traffic to and from Southeast Asia and Japan recorded the most ...

  Bloomberg Passengers boarding a trans-Pacific flight from Auckland to New York evening had no idea of the rude awakening that awaited them: a 16-hour ordeal that saw them back at square one. Air New Zealand Ltd Flight NZ2 should have touched down at John F Kennedy International Airport Terminal 1, but a power outage threw operations into disarray, affecting ...

  Bloomberg Terminal 1 at New York’s John F Kennedy International Airport reopened with limited operations, two days after a power outage forced flight delays and diversions. Normal flight operations will resume as scheduled on Sunday, the Port Authority of New York and New Jersey said. “Necessary electrical repairs were completed in JFK Terminal 1 overnight and full power has ...

Bloomberg Germany’s two largest airports came to a virtual standstill today as ground staff stage another strike over pay, exacerbating an already chaotic week for air travel after a system outage brought down Deutsche Lufthansa AG’s operations two days ago. Security and other ground crew in Frankfurt and Munich began their one-day walkouts early Friday, leading to 1,300 flight cancellations ...

  Bloomberg Singapore Airlines Ltd’s low cost carrier signed a letter of intent to add Embraer SA regional jets to its fleet in a push to fly to smaller destinations in Asia’s emerging markets. Scoot Pte Ltd will start taking delivery of nine E190 E2 jets from 2024, the carrier said in a statement. The aircraft will be sourced from ...

  Bloomberg Passenger loads at China’s top three airlines are rebounding as travel picks up again, boosted by people flying back to their hometowns for the Lunar New Year holidays and celebrating the chance to reunite with families and friends after nearly three years of Covid restrictions. China Southern Airlines Co filled 72.7% of its seats in January, the highest ...