Aviation

Bloomberg American Airlines Group Inc surged as executives sketched out a robust outlook for 2020 after two punishing years for investors. Profit and cash flow are poised to rise as the company improves operations and reaches the end of heavy investments in new jets, Chief Executive Officer Doug Parker said. That will enable the company to cut debt even if ...

Bloomberg United Airlines and Apple Inc are in early discussions about upgrading United’s terminal at San Francisco (SFO) International airport. The talks between the companies have just begun and the specific upgrades that would come to the SFO airport terminal are unclear. “The Apple team in San Francisco has been in our baggage hold areas, customer service and the lobbies,” ...

Bloomberg Spirit Airlines Inc agreed to buy 100 Airbus SE A320neo family aircraft, handing the European planemaker a potential order in the $11 billion range during a weak year for sales. The memorandum of understanding would include a mix of all three of Airbus’s workhorse single-aisle models, from the A319neo to the A321neo, Spirit said in a statement. If the ...

Bloomberg It’s not often that an airline decides to design its own airplane. On Sunday, United Airlines Holdings Inc will fly customers on a new regional jet crafted to its exact specifications, an aircraft that comes with 10 first- class seats. By putting premium perches on a small regional jet with a total of only 50 seats, United hopes to ...

Bloomberg Billionaire UK entrepreneur Richard Branson said opponents of Brexit should hold out for a second referendum and not be seduced into backing Prime Minister Boris Johnson’s revised deal with the European Union. Concern about avoiding a no-deal split combined with a sense of fatigue surrounding the Brexit debate more than three years after the original vote to quit the ...

Bloomberg Boeing Co’s chief executive officer will testify before a Senate committee next week to answer questions about the planemaker’s design and certification of a jet involved in two deadly crashes. Dennis Muilenburg will appear at a Senate Commerce Committee hearing next Tuesday, a day before his expected appearance before the House’s Transportation committee, according to two people familiar with ...

Bloomberg “Flight shame” — flyers feeling guilty about their carbon footprint — is a real phenomenon and will raise costs for airlines, consumers and companies, while catapulting emission offsetting into a big business, Citigroup predicts. The cost of offsetting planes’ carbon emissions could become as much as 10 times higher than the airline industry currently estimates, Citi analysts including Mark ...

Bloomberg Three airlines in South Africa took the unusual step of grounding some planes on October 22 after a regulator flagged compliance issues and ordered maintenance checks. Things got weirder when no one would publicly say exactly what needed checking. The groundings by state-owned South African Airways and its Mango unit, plus Comair Ltd, which operates British Airways domestic flights ...

Bloomberg Europe’s top aviation regulator expects to take longer to get Boeing Co’s 737 Max back into service than the projected timeline being taken by the US, which would likely push the grounded plane’s return into next year on the continent. European Aviation Safety Agency (EASA) chief Patrick Ky met with officials from the US Federal Aviation Administration (FAA) to ...

Bloomberg Four airlines operating in South Africa were forced to delay flights and ground some planes after inspections were carried out overnight. State-owned South African Airways and Mango were affected as was Comair Ltd, which operates Kulula and British Airways domestically, according to statements. It’s not routine for airlines in South Africa to suffer simultaneous groundings, but it’s not yet ...