Aviation

Bloomberg Airbus won an order from VietJet Aviation for 20 of A320neo narrow-body jets as the Asian carrier waits on deliveries of Boeing’s grounded 737 Max. The deal is for the new A321XLR extra-long-range version of Airbus’s work-horse plane, VietJet said, adding that it will become one of the first airlines in the world to receive a model unveiled at ...

Bloomberg Air France-KLM Group third-quarter earnings fell on lower demand for cargo transport and a reduction in lucrative last-minute passenger bookings at the height of the summer travel season. The shares fell the most in eight months. Operating profit dropped 16% to 900 million euros ($1 billion), the carrier said in a statement, missing an average forecast of 963 million ...

Bloomberg For more than two decades, airline credit cards offered consumers a simple formula: Spend a dollar, earn a mile, pay an annual fee, repeat. If you played the game correctly, you’d score at least a free ticket each year—just by making everyday purchases. The only issue? As powerful rewards cards such as the Platinum Card from American Express and ...

Bloomberg Kenya Airways Plc said the proposed nationalisation and its inclusion in a state-owned aviation holding company will enhance its ability to borrow funds for expansion. The new entity will comprise Kenya Airways, Nairobi’s Jomo Kenyatta International Airport and the Kenya Airports Authority, Chairman Michael Joseph said in an interview. The combination of the businesses is expected to create a ...

Bloomberg Bombardier Inc agreed to sell a wing factory in Northern Ireland and two other facilities to Spirit AeroSystems Holdings for $500 million and the assumption of certain liabilities. The Belfast operation makes wings for Airbus SE’s A220 jetliner, an aircraft that cash-strapped Bombardier developed before handing control last year to the European planemaker. The deal also covers a plant ...

Bloomberg Qantas Airways Ltd grounded three Boeing Co 737s after discovering cracks near their wings during industry-wide inspections of high-mileage models of the workhorse jets. The Australian airline found hairline cracks on a structure known as the pickle fork, which connects the wings to the fuselage. The planes will be back in service by the end of the year, Qantas ...

Bloomberg Deutsche Lufthansa AG faces strike action after a cabin crew union voted to escalate its conflict with Europe’s biggest airline group. The UFO union said in a statement that members voted for strike action at the group’s airlines including Lufthansa and Lufthansa CityLine after pay talks with company bosses broke down. The union will now decide when the strikes ...

Bloomberg Close to 30 Airbus SE A320neo jets operated by two Indian airlines will be grounded if they don’t update some Pratt & Whitney engines within 15 days, the nation’s aviation safety regulator said. IndiGo, India’s biggest carrier, and rival Go Airlines India Ltd won’t be allowed to fly planes fitted with two unmodified PW1100-series engines that have been in ...

Bloomberg Boeing Co’s chief executive declined to endorse specific reforms to bolster safety oversight of the aerospace giant during a sometimes angry grilling in his first appearance before Congress since two 737 Max crashes killed 346 people. Several senators pressed Dennis Muilenburg on possible changes to the so-called delegation programmd in light of lapses that occurred in the Federal Aviation ...

Bloomberg Learjet — once the epitome of luxury travel for celebrities like Frank Sinatra — is gasping for breath, and Bombardier Inc is making a last-ditch attempt to revitalise the brand. It’s a tall task as demand for corporate planes has shifted to larger, more comfortable, longer-range aircraft. That has left the Learjet 75 Liberty competing in a shrinking market ...