Aviation

EU braces for US tariffs over Airbus, pledges to retaliate

Bloomberg European Union officials appeared to lose hope of dodging additional punitive US tariffs, as the bloc’s calls for a negotiated settlement over aircraft subsidies have gone unanswered by President Donald Trump’s administration. EU’s trade chief Cecilia Malmstrom told reporters in Brussels that she expects the World Trade Organization to unveil a specific figure, authorising the US to hit the ...

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Boeing 737 Max may not return until March

Bloomberg Pilots at Southwest Airlines Co, the largest operator of the beleaguered Boeing Co 737 Max, warned that the grounded plane may not resume commercial flights until as late as March. The carrier’s internal plans call for the Max to carry its first paying customers 45 to 60 days after US regulators lift a no-fly order on the plane, Greg ...

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Hong Kong flight attendants urge Cathay to explain layoffs

Bloomberg Flight attendants in Hong Kong urged Cathay Pacific Airways Ltd to explain the reasons behind dozens of dismissals, accusing the airline of “political cleansing” amid the unrest that’s ensnared the city’s flagship carrier. In a joint statement, flight-attendant unions from Cathay Pacific and its unit Cathay Dragon accused the airline of monitoring employees’ social-media accounts and obtaining “dubious” information ...

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Boeing’s $2.8bn Awacs jet upgrade slowed

Bloomberg A $2.8 billion Boeing Co upgrade of its Awacs surveillance planes is dogged by delays caused in part by an almost yearlong closing of two classified laboratories developing software for the project, Pentagon agencies disclosed. The two laboratories in Oklahoma City failed to pass Defense Department security certifications from January to December of last year. Boeing builds the aircraft, ...

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AmEx boosts annual fee on Delta co-brand cards

Bloomberg American Express Co is sweetening rewards and raising the annual fee on many of its co-brand cards with Delta Air Lines Inc after the two renewed their longtime partnership this year. Annual fees on six Delta cards will rise, AmEx said in a statement. Platinum cards for consumers and small businesses will increase to $250 from $195, while Reserve ...

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Delta expands in S America with Latam deal

Bloomberg Delta Air Lines Inc is dramatically expanding its South American footprint, agreeing to a $2.25 billion deal with Latam Airlines Group SA after a similar arrangement between the Chilean company and American Airlines Group Inc ran into legal trouble. The pact calls for Delta to pay $1.9 billion for a 20 percent stake in Latam, Latin America’s largest carrier, ...

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Boeing 737 Max fleet to be parked in Australia

Bloomberg Australia has given clearance for Singapore Airlines Ltd’s SilkAir to store its six Boeing Co 737 Max aircraft in the country, as the global grounding of the jet continues following two deadly crashes within the past 12 months. SilkAir has provided flight plans and the first aircraft is expected to arrive in Alice Springs, central Australia, on Monday, according ...

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Virgin Atlantic seeks Manchester push with Thomas Cook slots

Bloomberg Virgin Atlantic Airways Ltd is looking to pick up operating slots at Manchester airport vacated by collapsed rival Thomas Cook Group Plc in a bid to grab a larger share of the travel market in northern England. The airline is in contact with Airport Coordination Ltd, which allocates takeoff and landing positions in Manchester, with a view to adding ...

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Airbus trade feud spurs new Trump risk for Boeing, airlines

Bloomberg US tariffs on European airplanes and luxury goods are emerging as a new threat not just for Airbus SE but for US airlines. The risk is rising for Boeing Co as well if the European Union seeks to retaliate. The World Trade Organization (WTO) will authorise the US to impose tariffs on nearly $8 billion of European goods due ...

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Boeing reaches first settlements with Lion Air crash victims

Bloomberg Boeing Co has reached the first settlements of lawsuits filed by families of Lion Air passengers who died when the 737 Max aircraft crashed in Indonesia late last year. Eleven of 17 clients represented by the Wisner Law Firm in Chicago have settled claims, partner Alexandra M. Wisner said in an interview. She declined to say how much Boeing ...

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