Aviation

Bloomberg Korean Air Lines Co’s bid to acquire smaller South Korean rival Asiana Airlines Inc for 1.8 trillion won ($1.4 billion) faces an in-depth merger review in the European Union after regulators expressed antitrust concerns. The European Commission (EC) warned the deal “could eliminate potential competition in passenger transport services” between the EU region and South Korea and also that ...

  Bloomberg The number of people passing through Hong Kong’s airport jumped last month as travel restrictions eased and China reopened borders for the first time since the pandemic began. Hong Kong International Airport reported 2.1 million passengers in January, nearly 2,900% growth from the same period last year. Traffic to and from Southeast Asia and Japan recorded the most ...

  Bloomberg Passengers boarding a trans-Pacific flight from Auckland to New York evening had no idea of the rude awakening that awaited them: a 16-hour ordeal that saw them back at square one. Air New Zealand Ltd Flight NZ2 should have touched down at John F Kennedy International Airport Terminal 1, but a power outage threw operations into disarray, affecting ...

  Bloomberg Terminal 1 at New York’s John F Kennedy International Airport reopened with limited operations, two days after a power outage forced flight delays and diversions. Normal flight operations will resume as scheduled on Sunday, the Port Authority of New York and New Jersey said. “Necessary electrical repairs were completed in JFK Terminal 1 overnight and full power has ...

Bloomberg Germany’s two largest airports came to a virtual standstill today as ground staff stage another strike over pay, exacerbating an already chaotic week for air travel after a system outage brought down Deutsche Lufthansa AG’s operations two days ago. Security and other ground crew in Frankfurt and Munich began their one-day walkouts early Friday, leading to 1,300 flight cancellations ...

  Bloomberg Singapore Airlines Ltd’s low cost carrier signed a letter of intent to add Embraer SA regional jets to its fleet in a push to fly to smaller destinations in Asia’s emerging markets. Scoot Pte Ltd will start taking delivery of nine E190 E2 jets from 2024, the carrier said in a statement. The aircraft will be sourced from ...

  Bloomberg Passenger loads at China’s top three airlines are rebounding as travel picks up again, boosted by people flying back to their hometowns for the Lunar New Year holidays and celebrating the chance to reunite with families and friends after nearly three years of Covid restrictions. China Southern Airlines Co filled 72.7% of its seats in January, the highest ...

Bloomberg Air France-KLM said it has “turned the page” on the coronavirus pandemic that prompted an unprecedented industry slump and forced a government bailout, predicting that it will exit state aid this year and return to full passenger capacity by the end of 2023. The airline group reported net income of €504 million ($528 million) in the fourth quarter, compared ...

  Bloomberg A power outage at New York’s John F Kennedy International Airport is delaying flights. The outage at Terminal 1 was caused by an electrical panel failure, which sparked a small fire last night that was quickly extinguished, the Port Authority of New York and New Jersey said in an emailed statement. It’s impacting both inbound and outbound flights. ...

Bloomberg Airbus SE projected higher deliveries for this year and will accelerate output of its largest models as long-haul travel rebounds, while scaling back production of its bestselling A320 family with supply-chain disruptions continuing to ripple through the industry. For 2023, the planemaker plans to hand over 720 aircraft, in line with its original 2022 projection, which ended up coming ...