Aviation

BLOOMBERG Britain’s advertising regulator has banned Lufthansa from using an ad that appears to suggest the German airline is protecting the planet and urged it not to mislead consumers about the impact of air travel on the climate. The ad in question, part of a campaign run by Deutsche Lufthansa AG last summer, features the front of a plane in ...

BLOOMBERG London’s Southend Airport is seeking a new owner after struggling to establish itself as a hub serving the UK capital. Current owner Esken Ltd said it has started a breakup of its main businesses following a strategic review, including a sale of its aviation business. It has also begun a sales process for the biofuels unit, its other main ...

BLOOMBERG Spring Airlines Co, China’s largest budget carrier, says international air travel remains weak and is stunting its recovery from Covid, even as peers globally struggle to keep up with demand. “We’re waiting for stronger demand to come,” Spring Airlines’ Vice-President Zhang Wu’an said at the Aviation Festival Asia in Singapore. For Spring, which operates an all-Airbus SE 117-strong fleet ...

BLOOMBERG Airbus SE is advising customers they’ll face longer waits for its newest jetliner, the long-range A321XLR, according to people familiar with the matter, adding to pressure on carriers trying to source planes to meet surging demand for travel as Covid fades. The delays vary by airline, with deliveries typically sliding by a matter of months, the people said, asking ...

BLOOMBERG De Havilland Aircraft of Canada Ltd, a leading manufacturer of turboprop planes, is aiming to win 80% of India’s small-plane market as the country seeks to bolster connectivity in far-flung corners and over rugged terrain. The company is expecting India to have as many as 120 small aircraft that seat less than 20 passengers in the next 10 years, ...

BLOOMBERG High airfares are here to stay as airlines take advantage of the post-pandemic travel boom to lock in higher charges, Capital A Chief Executive Officer Tony Fernandes said. “The fare environment is very good,” Fernandes said in an interview with Bloomberg Television from the sidelines of the Aviation Festival Asia in Singapore. “I think airlines have always underpriced their ...

BLOOMBERG Air India Ltd expects to induct six Airbus SE A350 jetliners starting from the end of this year following the carrier’s giant aircraft purchase that was the biggest in the history of civil aviation. “We’ve committed to a historic order of aircraft that will start entering from the end of this year through to the end of the decade, ...

BLOOMBERG Airbus SE expects the Pacific region — Australia, New Zealand and neighbouring nations — to take delivery of 920 planes in the next 20 years, underscoring a fast revival in travel following the pandemic. The demand includes about 750 single-aisle jets, like the best-selling A320 family of aircraft, and about 170 bigger planes, Airbus said in a statement. More ...

BLOOMBERG Executives for JetBlue Airways Corp and Spirit Airlines Inc met with Justice Department officials in a final bid to persuade the antitrust agency to approve their $3.8 billion merger, said people familiar with the matter. The agency is expected to decide whether to challenge the deal in the next several weeks, the people said, asking not to be named ...

BLOOMBERG Hong Kong’s goal to reclaim its spot as Asia’s premier financial hub is being tested by a scarcity of workers in the air industry that’s vital for reestablishing the city’s international links. The damage caused by years of closed borders is proving hard to undo. The number of workers employed at the Norman Foster-designed airport at the end of ...