Aviation

Bloomberg Airbus SE said it might be forced to move future investments out of the UK in the event of a no-deal divorce from the European Union, slamming the “madness” of Brexit supporters who assume the planemaker won’t abandon Britain. “If there is a no-deal Brexit, we at Airbus will have to make potentially very harmful decisions for the UK,” ...

Bloomberg British Airways parent IAG SA abandoned an eight-month pursuit of Norwegian Air Shuttle ASA, leaving the indebted discount airline reeling as it faces a cash crunch during the slow winter season. IAG “does not intend” to make a further bid and will be selling a 3.9 percent stake in due course, it said. Norwegian slumped as much as 26 ...

Bloomberg London’s Heathrow airport will test an array of ultra high-definition cameras to help determine more accurately when its runways are clear of planes and cut the gap between flights by as much as 20 seconds. If successful, the system will initially be deployed when Heathrow’s 285-foot control tower is shrouded in cloud — a situation that currently compels the ...

Bloomberg There certainly have been worse days at LaGuardia, O’Hare and Miami airports. But on January 25 some of these busy routes came to a brief but abrupt halt — and that may have been among the final pushes that led President Donald Trump, already under pressure, to reopen the government. The White House for weeks had tried to minimise ...

Bloomberg Billionaire Lucio Tan, who controls Philippine Airlines Inc., denied reports about a forthcoming stake sale days after ANA Holdings Inc. confirmed it’s in talks with the carrier’s listed parent PAL Holdings Inc. There’s “no plan” to sell, Tan, 84, said in an interview on the sidelines of a central bank event in Manila. News that a stake sale is ...

Bloomberg Delta Air Lines pushed back the US debut of Airbus’s newest aircraft by a week because it can’t get needed approvals for the flights from the Federal Aviation Administration during the government shutdown. Inaugural flights of the Airbus A220 will be reset to February 7 from January 31, Morgan Durrant, a Delta spokesman, said. Other aircraft will be substituted ...

Bloomberg Boeing Co’s first aerial refuelling tanker in a $44 billion programme is scheduled to land on Friday at an Air Force base in Kansas for a celebration tempered by what now may become a delay of at least three years in meeting its most important milestone. A ceremony is planned for the arrival of the KC-46 at McConnell Air ...

Bloomberg Philippine Airlines Inc’s largest shareholder jumped the most in more than five years after the Nikkei reported ANA Holdings Inc is considering investing in the Southeast Asian carrier. ANA, Japan’s biggest airline, is considering purchasing 10 percent of Philippine Airlines for 10 billion yen ($91 million), the Nikkei reported. PAL Holdings Inc, which owns most of Philippine Airlines, closed ...

Bloomberg Spirit Airlines Inc is targeting a decision by the middle of the year on its next order of single-aisle jets as the carrier prepares its expansion plans over the next five years. The heavy discounter is talking to each of the major manufacturers, Airbus SE, Boeing Co and Embraer SA, Chief Financial Officer Scott Haralson said on the sidelines ...

Bloomberg Flights at Newark Liberty International Airport were briefly halted after a drone was spotted flying nearby in an episode reminiscent of the ones that disrupted traffic at London’s major facilities in recent months. The device was spotted over nearby Teterboro Airport north of Newark at an altitude of 3,500 feet, Federal Aviation Administration (FAA) spokesman Greg Martin said. The ...