Aviation

Uganda Air flight takes off for first time in 20 years

Bloomberg Uganda Airlines made an inaugural flight to neighbouring Kenya, reviving a national carrier founded by former dictator Idi Amin and liquidated almost two decades ago. The carrier, initially founded in 1976 and wound up in 2001, plans commercial flights to major cities in Kenya, Tanzania, South Sudan and Somalia, Cornwell Muleya, a technical adviser at the carrier, said by ...

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Budget airline extends test of a surprise amenity: more legroom

Bloomberg Allegiant Airlines, a discounter known for squeezing budget-conscious passengers into seats, is trying to entice customers to pay for a new amenity: extra legroom. The unit of Allegiant Travel Co removed a row of seats on three of its Airbus SE A320 jets to offer 30 spots with six inches of extra space. The challenge is to persuade travellers ...

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British Airways pilots to strike for three days in Sept

Bloomberg British Airways pilots will strike for three days next month after their union said the latest pay proposals from the carrier are insufficient. Members of the British Airlines Pilots’ Association (Balpa) will walk out on September 9, 10 and 27, the labour group said in a statement. Balpa had been considering its position since mediated talks with management at ...

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Blockbuster deals in 2019 boost Canada’s airline stocks by $5bn

Bloomberg The year has been one for the record books when it comes to Canadian airline stocks. The country’s four biggest carriers have seen double-digit share price growth amid a myriad of deals and stake purchases. The corporate transactions have added a total of about $5.3 billion in market value to the companies, according to data compiled by Bloomberg. Amazon.com ...

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South Africa seizes Air Tanzania jet

Bloomberg South Africa’s seizure of an Air Tanzania aircraft was linked to a land compensation claim that dates back to the 1980s, the East African nation’s government said. The case doesn’t involve the airline and is part of a wider dispute between Tanzania and Hermanus Steyn, a South African investor, Hassan Abbasi, a spokesman for the Tanzanian government, said in ...

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UK to ease airport security ‘hassle’ with new scanners

Bloomberg The UK plans to ease security line hold-ups for passengers by requiring all major airports to use 3D scanners for cabin baggage by the end of 2022. The new equipment, which is currently being tested at London’s Heathrow airport, will make the security procedures “quicker and easier” for travellers by ending requirements to remove toiletries and electrical equipment from ...

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Amazon signs deal to buy Cargojet stake

Bloomberg Cargojet Inc soared to a record high after Amazon.com Inc signed a deal that would allow the online retailer to buy a stake in the Canadian cargo carrier. Under the agreement, Mississauga, Ontario-based Cargojet will issue warrants to Amazon in two tranches to purchase variable voting shares that will vest based on the achievement of certain commercial milestones. “Cargojet ...

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Cathay Pacific warns staff of ‘zero tolerance’

Bloomberg Cathay Pacific Airways Ltd said it will show zero tolerance to employees who support or take part in illegal protests ahead of “planned activities” by trade union members around its operational hub Cathay City in Hong Kong on August 26. “Any activities that impact our ability to operate safely not only significantly disrupt the travelling public, but also jeopardise ...

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Ryanair snuffs out UK pilot strike as planes fly as normal

Bloomberg The timing looked terrible. As the busiest travel weekend loomed and budget-minded Brits prepared for a quick holiday, UK pilots for Ryanair Holdings Plc called a strike, threatening ugly scenes at airports around the country. The chaos never happened. All of the discount carrier’s flights operated as scheduled, with minor delays from congestion, the airline said. In the end, ...

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IndiGo’s Gangwal flags truce with airline co-founder

Bloomberg Rakesh Gangwal, the billionaire co-founder of Indian budget airline IndiGo, will support company proposals at a shareholder meeting next week to expand its board after an agreement on policy changes, months after he accused his fellow co-founder of corporate-governance lapses. The board of IndiGo, Asia’s biggest budget airline by market value, has approved a new related-party transaction policy, Gangwal ...

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