Aviation

Bloomberg A federal judge in Chicago signalled he may let dozens of lawsuits against Boeing Co over the crash of a Lion Air plane be resolved in Indonesia. US District Judge Thomas Durkin said during a status hearing that US Supreme Court and appellate court rulings appear to support the idea of a venue change. “The law is pretty favourable ...

Bloomberg The Italian government is readying 350 million euros ($390 million) in bridge financing for bankrupt airline Alitalia SpA, seeking to keep the carrier flying as it scrambles to find bidders for a last-ditch rescue. The financing, due to cover six months of operations, was finalised in a cabinet decree document seen by Bloomberg. The companies leading the bid to ...

Bloomberg Gulfstream is signalling that it will reveal a new aircraft design on October 21 at a private-jet conference in Las Vegas. “History is made by those who dare,” Gulfstream said in an invitation to the event. “Please join us for the biggest announcement in business aviation.” The corporate-jet unit of General Dynamics Corp is touting the event less than ...

Bloomberg Spirit Airlines Inc will build a new South Florida headquarters that will cost $250 million over three years. The new office campus of as much as 500,000 square feet will consolidate more than 1,200 employees, Spirit said in a statement. The project is scheduled to open in 2022 in Dania Beach, Florida, just south of the carrier’s largest operational ...

Bloomberg United Airlines Holdings Inc sees robust US travel demand extending into the winter, offering an economic bright spot amid signs of a slowdown. “I’ve never seen a bigger disconnect between the global headlines in terms of the economy and its potential impact on travel, and then the numbers I see here at United” in terms of future sales, United ...

Bloomberg Deutsche Lufthansa AG’s Swiss airline is resuming flights with its fleet of Airbus SE A220 jets after grounding them on October 15 following a “serious” engine problem that forced a London-Geneva service to land in Paris. The carrier, the world’s biggest operator of the narrow-body aircraft, said it cancelled about 100 flights in order to carry out inspections of ...

Bloomberg United Airlines Holdings Inc raised its 2019 profit forecast for the second straight quarter, citing strong travel demand and lower-than-expected fuel prices in the late summer. Earnings will climb to at least $11.25 a share this year, the carrier said in a statement as it reported third-quarter results that showed robust travel demand. That compares with an outlook of ...

Bloomberg New climate protection surcharges on German air travel will begin in April, giving passengers a temporary reprieve before tickets become more expensive and providing airlines time to adjust pricing. Lifting surcharges is an element of Chancellor Angela Merkel’s plan to nudge consumers to opt for trains instead of planes, above all in domestic travel. The increased fees are aimed ...

Bloomberg Southwest Airlines Co’s pilots don’t expect to see Boeing Co’s 737 Max resume flights until February “at least,” given work still to be done in a process fraught with safety concerns and politics. That’s well beyond the January 6 date the carrier has set for the grounded plane to be back in its schedule. But ending a global flying ...

Bloomberg Veteran litigator Dan Webb has joined Boeing Co’s legal team to defend the company in cases related to the deadly Lion Air 737 Max crash in October 2018, according to a court filing in Chicago. Webb will work with lawyers at Seattle-based Perkins & Coie LLP on nearly 60 lawsuits brought on behalf of victims Lion Air Flight 610, ...