Aviation

Bloomberg Jet Airways India Ltd suspended operations after the cash-strapped carrier that once ranked as the nation’s biggest by market value failed to secure a bailout. The Mumbai-based company has taken a decision to halt flights on a “temporary” basis from Thursday, it said in a statement, when the last service was scheduled to take place. “Since no emergency funding ...

Bloomberg Cathay Pacific Airways Ltd intends to deploy Airbus SE A321neo planes scheduled for delivery starting 2020 on Chinese routes, part of a plan that will help the carrier manage costs while expanding and upgrading its network. Through the use of data technology and more fuel-efficient aircraft, Cathay has managed to increase its revenue per seat mile by about 7 ...

Bloomberg Deutsche Lufthansa AG shares dropped as Europe’s largest airline reported a first-quarter loss that was 80 percent higher than the average analyst estimate. The stock fell as much as 5 percent after Lufthansa posted an adjusted loss before interest and tax of 336 million euros ($380 million). The figure was worse than any of 12 earnings estimates and came ...

Bloomberg President Donald Trump gave Boeing Co a little advice on Twitter. The company should fix its troubled 737 Max and choose a new name following the Ethiopian Air Lines and Lion Air Crashes. “What do I know about branding, maybe nothing (but I did become President!), but if I were Boeing, I would FIX the Boeing 737 Max, add ...

Bloomberg In the country that gave the world teenage climate activist Greta Thunberg, shame connected with travelling on airplanes that guzzle fossil fuels may now be having a real impact on travel patterns. Swedavia AB, which operates 10 Swedish airports including the ones outside Stockholm and Gothenburg, has seen year-on-year passenger numbers drop for seven consecutive months. Last year, Sweden ...

Bloomberg American Airlines Group Inc has become the second major US carrier to pull the grounded Boeing Co 737 Max from its flight schedule through the busy summer travel season, saying the decision will give passengers more certainty in making vacation plans. The airline is pulling the Max through August 19, Chief Executive Officer Doug Parker and President Robert Isom ...

Bloomberg Before last month’s crash of a flight that began in Ethiopia, Boeing Co said in a legal document that large, upgraded 737s “cannot be used at what are referred to as ‘high/hot’ airports.” At an elevation of 7,657 feet — or more than a mile high — Addis Ababa’s Bole International Airport falls into that category. High elevations require ...

Bloomberg Federal regulators briefed pilots and US airlines on progress in restoring Boeing Co’s grounded 737 Max to flight, according to a pilots union spokesman who gave no indication when the jet will return to service. “We’ve taken off our watches and put the calendars in the drawer,” Dennis Tajer, an American Airlines pilot and spokesman for the Allied Pilots ...

Bloomberg Delta Air Lines Inc reduces the amount that seats recline on some planes by about two inches (five centimetres), aiming to preserve the workspace of multitasking business travellers. The first Airbus SE A320s with the modified seats debuted recently, the carrier said. The distance that seats recline will drop to 3.5 inches from 5.4 in first class, and to ...

Bloomberg The European Union is considering hitting US goods ranging from handbags to helicopters with retaliatory tariffs to the tune of $11.5 billion in a dispute over subsidies to Boeing Co, according to a draft list seen by Bloomberg News. The plan follows a US threat to seek $11 billion in damages through duties on European goods ranging from helicopters ...