Aviation

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

Bloomberg Southwest Airlines Co built its low-cost model on the efficiencies of flying a single plane, the Boeing Co 737. Now the carrier’s chief executive officer is cracking open the door to the idea that nothing lasts forever. In the aftermath of the second deadly crash of the new Max model and a global grounding of the plane, Southwest CEO ...

Bloomberg US aviation and congressional officials are investigating allegations by about a dozen whistleblowers that there are safety issues with Boeing Co’s 737 Max aircraft, the Wall Street Journal reported, citing unidentified government employees familiar with the matter. Some of the claims relate to the design of a suspect flight-control feature or operation of specific sensors that are key to ...

Bloomberg Cash-strapped Norwegian Air Shuttle ASA secured a deal to delay deliveries of Boeing Co 737 Max jets, aided by the bargaining power granted by the model’s global grounding after two fatal crashes. Boeing agreed to postpone the handover of 14 Max 8s due in 2020 and 2021, which together with an outline accord to restructure Airbus SE deliveries will ...