Bloomberg Ryanair Holdings Plc’s bid to block a strike by UK pilots rather than return to talks means a walkout before Britain’s busiest weekend for air travel is more certain, according to the union that called the action. Ryanair has lost the chance to resolve the pay dispute by seeking a High Court injunction at a hearing to be held ...
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TUI blames 737 Max crisis for summer slump
Bloomberg TUI AG blamed the grounding of its Boeing Co 737 Max fleet for wiping out a profit rebound as the world’s largest holiday company cut costs and expanded in cruise ships. The global idling of the Max following two fatal crashes meant TUI had to lease in less-efficient jets from third parties, according to a statement, cutting earnings by ...
Read More »Cathay under scrutiny as CEO takes fall for protests
Bloomberg Cathay Pacific Airways Ltd is counting on the resignation of its British chief executive officer, Rupert Hogg, to move beyond the tumult that saw its employees’ participation in the Hong Kong protests draw the ire of Beijing. But will it be enough? Incoming CEO Augustus Tang has the delicate task of continuing to placate China, an increasingly important market ...
Read More »US backs F-16 sale to Taiwan, drawing warning from China
Bloomberg The Trump administration has informally told Congress that it supports a potential sale of F-16 fighter jets to Taiwan, drawing a preemptive warning from China at a critical moment in trade talks with the US. The State Department has informally told key House and Senate committees that it supports the $8 billion sale of 66 F-16s, according to two ...
Read More »China state agency unveils rocket for commercial use
BEIJING / WAM A Chinese government space agency successfully launched its first rocket meant for commercial use as firms in the country compete to join a commercial satellite boom, Reuters quoted state television CCTV as saying. Smart Dragon-1 rocket, which weighs 23 tonnes and was developed by a unit of China Aerospace Science and Technology Corp (CASC) successfully delivered three ...
Read More »Cathay flight staff unions regret CEO’s departure
Bloomberg Cathay Pacific Airways’s flight attendants unions said they were “saddened†and “regret†the departure of CEO Rupert Hogg and Chief Customer and Commercial Officer Paul Loo. In a Facebook post published on Sunday, the unions representing flight attendants of Cathay Pacific and sister firm Hong Kong Dragon Airlines said the resignations were made to “take up the collective responsibility ...
Read More »Virgin Galactic unveils new space base, but no flights yet
Bloomberg Caviar and seared tuna will be on the menu for Virgin Galactic astronauts in training when they arrive at the company’s new home in the desert scrublands of southern New Mexico. As they gaze out at the mountains east of the otherworldly structure, a master of espresso arts will dose out shots from a barista island, accompanied by multiple ...
Read More »Customs computers restored at US airports
Bloomberg Entry for people arriving at airports across the US began returning after a Customs and Border Protection computer system failed, forcing the manual processing of passengers on a busy summer travel day. The system was being restored and passengers being processed, the agency said in a statement at 6:25 pm New York time. The failure was isolated to operations ...
Read More »FAA to reject new simulator training before 737 Max flies
Bloomberg US aviation regulators are increasingly convinced they don’t need to mandate new simulator training for pilots of Boeing Co’s 737 Max before returning the grounded jet to service, according to people familiar with the discussions. Pilots would be required instead to take a computer-based training course they could perform at home or in a classroom, according to the people, ...
Read More »Cathay CEO quits after airline caught in Hong Kong protests
Bloomberg Cathay Pacific Airways Ltd’s CEO Rupert Hogg resigned, a week after the carrier was rebuked by China for staff involvement in the anti-Beijing protests rocking Hong Kong. Hogg, 57, quit to take responsibility for the way the airline has responded to recent events, he said in an email to staff obtained by Bloomberg. Hong Kong’s flagship carrier appointed Augustus ...
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