Aviation

Bloomberg India is mulling options to save jobs at Jet Airways India Ltd including asking low-cost carrier SpiceJet Ltd to consider taking over some of the debt-laden company’s aircraft, people with knowledge of the matter said. The proposal involves SpiceJet, led by Chairman Ajay Singh, acquiring as many as 40 of Jet Airways’ grounded planes that are owned by lessors, ...

Bloomberg Portuguese airline TAP, partially privatised by the government in 2015, said it’s preparing for an initial public offering. The carrier, part-owned by airline tycoon David Neeleman, is readying itself for a sale but can’t be sure when that might be, Chief Executive Officer Antonoaldo Neves said at a press conference in Lisbon. “We’re preparing the company so that when ...

Bloomberg Chinese planemaker Comac is nearing an order from an airline in Ghana, a rare advance overseas for the state-owned company as it attempts to become a real challenger to Boeing Co and Airbus SE. Africa World Airlines Ltd, partly owned by China’s HNA Group Co may agree this month to buy two Comac ARJ21 regional jets, the carrier’s chief ...

Bloomberg Lion Air has started preparations for a domestic initial public offering, people with knowledge of the matter said, as Indonesia’s biggest private carrier seeks to move past an October crash that triggered the crisis surrounding Boeing Co’s 737 Max plane. The company is working with advisers on the planned share sale, which could take place as soon as this ...

Bloomberg Hong Kong’s Department of Health is investigating an outbreak of measles that has infected three workers at the city’s airport. The trio, employees at the Hong Kong International Airport, each developed a rash last week, according to a government statement. Another two cases were announced on Saturday, one involving a man working for an airline and the other, a ...

Bloomberg The grounding of Boeing’s 737 Max after a second crash is poised to start percolating through major US economic indicators ranging from international trade to durable goods, according to JPMorgan Chase & Co. For now, the issues affecting the aircraft probably won’t have a short-run impact on gross domestic product because production continues, but they will affect the composition ...

Bloomberg Norwegian Air Shuttle ASA’s reliance on the fuel-saving Boeing Co 737 Max to underpin its ultra low-cost trans-Atlantic strategy has exposed the loss-making carrier as the most vulnerable in Europe to the worldwide grounding of the plane. Norwegian was among the earliest adopters of the new narrow-body, using its extra range to launch services on Europe-US routes traditionally dominated ...

Bloomberg President Donald Trump named former airline executive Stephen Dickson to run the Federal Aviation Administration as the agency faces scrutiny for its role in approving the Boeing Co 737 Max for service before two fatal crashes of the jetliner. The FAA administrator job has been vacant since Michael Huerta, who had been appointed by President Barack Obama, stepped down ...

Bloomberg Cathay Pacific Airways Ltd is doubling down on mining customer data. The airline is logging the travel habits of lucrative business-class flyers, such as when they want their seat laid flat, in a bid to individually tailor flights for them, Chief Executive Officer Rupert Hogg said in an interview in Singapore. Cathay seeks to track 23 categories of behaviour ...

Bloomberg China is looking at excluding Boeing Co’s troubled 737 Max jet from a list of American exports it would buy as part of a trade deal with the US, people familiar with the matter said. Boeing jets were featured on a draft list of American products China would buy to reduce its trade surplus with the US, the people ...