Bloomberg Qantas Airways Ltd Chief Executive Officer Alan Joyce committed to stay on for at least three more years, extending his tenure to the planned start of groundbreaking non-stop flights halfway round the world. A spokesman for the Australian airline confirmed a report in the Sydney Morning Herald that said Joyce, 52, made the pledge at the request of the ...
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Heathrow runway overcomes Mayor, protesters’ opposition
Bloomberg London Heathrow, Europe’s busiest airport, saw off an attempt by environmental groups to block construction of a third runway that it says is needed to boost flights and compete with rival hubs trying to steal its traffic. Construction, which was challenged by Friends of the Earth, London Mayor Sadiq Khan and other groups after the UK government approved the ...
Read More »FAA starts its bid to restore confidence in Boeing’s Max
Bloomberg The US Federal Aviation Administration (FAA) took a potentially important step towards rebuilding confidence not only in the Boeing Co 737 Max but also in the agency itself, convening a week-long summit of civil aviation regulators from Brussels to Beijing. Led by former National Transportation Safety Board Chairman Christopher Hart, delegates from eight overseas nations and the European Union ...
Read More »Airbus earnings soar on higher output of rival to Boeing’s Max
Bloomberg Airbus SE earnings surged in the first quarter as the European planemaker churned out higher numbers of the A320 narrow-body jet that’s the biggest global rival to Boeing Co’s grounded 737 Max. The company delivered 126 A320s, a model that appears to have overcome a run of engine manufacturing faults just as the 737 faces questions about its future ...
Read More »Lufthansa halts its low-cost arm’s capacity growth as fare war bites
Bloomberg Deutsche Lufthansa AG halted capacity expansion at its Eurowings low-cost arm after the group’s first-quarter margins were squeezed by rising fuel bills and overcapacity that’s sparked a Europe-wide fare war. Europe’s biggest airline is abandoning plans to increase capacity at Eurowings by 2 percent this year. Lufthansa issued a profit warning that attributed a plunge in earnings before interest ...
Read More »Dans, Honeywell to explore ‘new airports’
Dubai / Emirates Business Dubai Air Navigation Services (dans), the air navigation services provider for Dubai and part of the Northern Emirates has signed a memorandum of understanding (MoU) with leading technology provider, Honeywell, to explore the potential for the co-development of new technologies that will increase efficiency, predictability, safety and environmental efficiency of airports and airside operations. The MoU ...
Read More »Boeing 737 Max lacked key sensor alert, says Southwest
Bloomberg Southwest Airlines Co first learned from Boeing Co after a deadly Lion Air crash in October that an alert warning pilots of a sensor malfunction linked to the disaster wasn’t a standard feature on the 737 Max. The world’s largest 737 operator and its pilots had thought that the warning light worked on all Max jets, as it had ...
Read More »SAS pilots’ strike triggers warning of profit erosion
Bloomberg A strike by airline pilots across Scandinavia is set to erode profits at SAS AB as investors and passengers await news of a breakthrough in labour talks. Since starting, the strike already looks set to cause almost 3,000 cancellations, affecting about 280,000 passengers. SAS, in a written comment to Bloomberg, said the development is having a “very negative effect ...
Read More »Emirates renews its commitment to Mauritius, Seychelles
Dubai / Emirates Business Emirates has renewed its support to Mauritius and the memorandum of understanding (MoU) which outlines joint activities to promote the two countries. His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive, Emirates Airline and Group met a VIP delegation from Mauritius and Seychelles at Arabian Travel Market, 2019. A Memorandum of Understanding was ...
Read More »FAA to convene regulators’ summit on 737 Max safety
Bloomberg The US Federal Aviation Administration (FAA) next month will brief international aviation regulators on the agency’s work evaluating when the Boeing Co 737 Max can return to service, which some countries have signalled they intend to decide on their own. The FAA called the May 23 meeting “to provide participants the FAA’s safety analysis that will inform its decision ...
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