Aviation

Aircraft regulators to join forces to restore 737 Max to service

Bloomberg Four of the world’s leading aircraft regulators have agreed in principle to coordinate in restoring Boeing Co’s 737 Max to service once they’re confident that technical updates and new training meet safety standards. The tentative pact is an attempt to avoid the fractious approach taken in grounding the jet after two deadly crashes, people familiar with the discussions said. ...

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Beijing’s new int’l airport completed, opens in September

Bloomberg Beijing’s second international airport has been completed — and it’s expected to become one of the world’s busiest. Designed to take the pressure off the overcrowded Beijing Capital International Airport, the new site south of the city will be able to handle 72 million passengers a year by 2025, and 100 million by 2040. Combined, the two airports will ...

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Mumbai airport investor wins ruling to sell stake

Bloomberg South Africa’s Bidvest Group Ltd won court approval to sell its holding in Mumbai International Airport to a third party, dealing a blow to majority holder GVK Power & Infrastructure Ltd’s bid to increase its ownership. The ruling allowed unit Bid Services Division (Mauritius) Ltd to divest its 13.5 percent stake, dismissing GVK’s effort to exercise its right of ...

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More than a fifth of all European flights delayed in busy May

Bloomberg More than a fifth of all European flights were delayed in May despite the introduction of measures aimed at preventing disruptions that wreaked havoc on travel during last year’s busy summer season. Monthly data from regional air traffic authority Eurocontrol show 22.1 percent of flights were delayed compared with 24.5 percent the same month last year, according to a ...

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Wizz Air CEO says new Airbus jets to extend reach to India

Bloomberg Discount carrier Wizz Air Holdings Plc is considering using a new fleet of long-range narrow-body Airbus SE jets to launch flights from London to Dubai and even central Europe to India in a further challenge to network rivals. The 20 A321 XLR planes ordered will allow Wizz to broaden its footprint and beef up capacity on existing destinations, Chief ...

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After losing Avianca, Bolivia’s Efromovich eyes Italy’s Alitalia

Bloomberg German Efromovich, the ousted chairman of Bolivian airline Avianca, is eyeing a comeback via Italy. Efromovich wants to buy a stake in the bankrupt Italian flag-carrier Alitalia SpA, financial daily Il Sole 24 Ore reported, citing an interview. “We wrote a letter to Ferrovie dello Stato and the adviser Mediobanca two weeks ago saying we can purchase up to ...

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Eva Airways fails to sign pact with union, strike continues

Bloomberg Taiwan’s Eva Airways Corp failed to come to terms with representatives of striking flight attendants, and will renegotiate with workers on Tuesday, a union said. The strike will continue until a collective agreement is signed, the union said in a statement posted on its Facebook page. Among the issues for negotiation that broke down was the carrier’s refusal to ...

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Pilots flagged ‘problems’ on Boeing jets besides 737 Max

Bloomberg Pilots flying Boeing aircraft in recent years have reported flight-control problems they blamed on malfunctioning software — not on the company’s maligned 737 Max jets, but widely used earlier versions of the plane that are still in the air. Commercial pilots flying Boeing’s NG, or “Next Generation,” models have registered concerns on a variety of computer problems through the ...

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Europe’s airports pledge net-zero C02 emissions

Bloomberg Almost 200 airports run by 40 operators backed a pledge for net-zero carbon emissions at European hubs by 2050 as the aviation industry responds to pressure over its contribution to climate change. Airports Council International also called for the sector to develop additional measures to those set by the Carbon Offsetting and Reduction Scheme for International Aviation. CORSIA has ...

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Bombardier exits commercial aviation, sells CRJ to Mitsubishi

Bloomberg Bombardier Inc is selling its regional-jet business to Mitsubishi Heavy Industries Ltd, ending the Canadian company’s foray into commercial aircraft after more than three decades. Mitsubishi agreed to pay $550 million for the maintenance, support, marketing and sales operations of the aging CRJ programme, the companies said. The Tokyo-based manufacturer, which is developing the first Japanese-built airliner since the ...

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