Aviation

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 ...

Bloomberg JetBlue Airways Corp rallied after saying it would join the hyper-competitive market for business travellers flying between the US and Europe, using Airbus SE jets with an expanded version of its premium cabin. Starting in 2021, JetBlue will make multiple daily flights from its hubs at New York’s John F. Kennedy and Boston Logan to an unspecified airport in ...

Bloomberg Kenya Airports Authority (KAA) expects its land holdings to be worth more than 1 trillion shillings ($9.9 billion) after a revaluation is concluded in a month, CEO Jonny Andersen said. “Since we’ll have a different balance sheet, we can go to the banks and ask for completely different financing because we’ll have so much value,” Andersen said in an ...

Bloomberg American Airlines Group Inc warned of first-quarter weakness, citing the grounding of its 737 Max fleet last month and the government shutdown early in the year. An industry gauge of pricing power will rise no more than 1 percent, the airline said. American predicted that the figure, revenue for each seat flown a mile, would be flat to up ...

Bloomberg The death of Hanjin Group Chairman Cho Yang-ho this week threatens to weaken his family’s grip on an aviation-to-logistics empire built over two generations. While the family is yet to disclose it, Cho’s eldest son Walter — president of the group’s Korean Air Lines Co and its parent — is seen by analysts as his natural heir. But South ...

Bloomberg Possible debris from a Japanese F-35A stealth fighter that crashed during an exercise over the Pacific Ocean has been found at sea in what would be the costly jet’s second crash in less than a year. The plane and its pilot, a man in his 40s, went missing about 135 kilometres off the Japanese coast after departing Misawa Air ...

Bloomberg The fate of debt-laden Jet Airways India Ltd, the country’s oldest surviving private airline, could be determined as soon as a creditor-imposed deadline for takeover bids runs out on Wednesday. Creditors led by State Bank of India had not received any bids for as much as 75 percent of Jet Airways, though that doesn’t mean that offers won’t come ...

Bloomberg Commercial flying may have lost its mythical appeal from the bygone jet age — think crowded budget carriers, dour catering and the premature demise of the majestic Airbus A380 airliner — but aerospace companies are nevertheless busy trying to improve the passenger experience on board an aircraft. In the hyper-competitive world of aviation, more comfort in the cabin can ...

Bloomberg The European Union is preparing retaliatory tariffs against the US over subsidies to Boeing Co, significantly escalating transatlantic trade tensions hours after Washington vowed to hit the EU with duties over its support for Airbus SE. The two sets of planned punitive measures are the latest twists in a 14-year-old dispute that the US and EU have fought at ...