Aviation

Bloomberg PT Garuda Indonesia defended the validity of its 2018 finances after a regulator raised questions about how the national carrier accounted for certain transactions, including with a startup technology company. The airline booked revenue of $211.9 million from PT Mahata Aero Teknologi, its annual report showed. The contribution helped Garuda to report a net income of $809,846 last year ...

Bloomberg The crash of a US Marine Corps F-35 that temporarily grounded the entire fleet of next-generation jets in 2018 was caused by a manufacturing defect in a fuel tube made by a United Technologies subcontractor, according to congressional investigators. The defect “caused an engine fuel tube to rupture during flight, resulting in a loss of power to the engine,” ...

Bloomberg Boeing Co met with 737 Max operators and lessors in Amsterdam, the first of about six sessions planned around the world as the planemaker lays the groundwork for resuming commercial flights of the aircraft following two deadly crashes. Executives are using the sessions to discuss how to maintain the jetliners, which were grounded days after a March 10 disaster, ...

Bloomberg Changes to a bill that opens up Brazil’s airline industry to foreign investment may scare off low-cost carriers, the head of the country’s aviation regulator said in an interview. The regulatory agency, known as Anac, is concerned that lawmaker-backed changes mandating airlines to fly to smaller airports and also forbidding them from charging for baggage could make Brazil unattractive ...

Bloomberg Japan Airlines Co (JAL)’s domestic flights are being disrupted due to problems at its self check-in kiosks across the country, the company said. Passengers are checking in at staffed counters, which is taking time and causing boarding delays, the airline said in an emailed statement. The carrier had cancelled 18 flights as of 9 am local time, affecting about ...

Bloomberg IndiGo is in talks with Airbus SE for another large plane order in a sign Asia’s biggest budget carrier has no intention of letting up on a blistering pace of expansion. The Indian airline, which adds an aircraft to its fleet every week, is in discussions to buy a longer-range version of the European planemaker’s newest narrow-body jet, according ...

Bloomberg Deutsche Lufthansa AG is bidding for the German airline of tour operator Thomas Cook Group Plc and may expand the offer to include the group’s entire portfolio of aircraft. The deadline for non-binding offers for Condor, which is based near Frankfurt, expires Tuesday, CEO Carsten Spohr said at Lufthansa’s annual shareholder meeting in Bonn, in remarks confirmed by a ...

Bloomberg Faced with lawsuits over a plane crash half a world away, Boeing Co is arguing it shouldn’t have to defend itself in a courtroom a short walk from its corporate headquarters. The world’s largest planemaker has indicated in court filings that it’s likely to request that cases on behalf of victims in the October crash of a 737 Max ...

Bloomberg Boeing Co knew months before a deadly 737 Max crash that a cockpit alert wasn’t working the way the company had told buyers of the single-aisle jetliner. But the planemaker didn’t share its findings with airlines or the Federal Aviation Administration until after a Lion Air plane went down off the coast of Indonesia in October, according to a ...

Bloomberg An Aeroflot PJSC plane on a domestic Russian flight made a fiery emergency landing at Moscow’s Sheremetyevo Airport, killing 41 people. Flight SU1492 to Murmansk, a Sukhoi Superjet, suffered an engine fire after technical problems forced it to return to Moscow, Aeroflot said in a statement. The plane, with 73 passengers and five crew members aboard, made a hard ...