Aviation

Cathay Pacific commits another ticketing error

Bloomberg Less than two weeks after saying it had a ticketing error that gave away premium seats at huge discounts, Cathay Pacific has done it again. This time, some visitors to their booking site got lucky on flights from Europe to Hong Kong. The South China Morning Post reported that the carrier offered first-class seats from Portugal to Hong Kong ...

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Airline battle for Hawaii picks up as Sun Country adds flights

Bloomberg Sun Country Airlines Inc will begin service from San Francisco to Hawaii on May 18 for the peak summer season, bulking up its service to the island state just as Southwest Airlines Co plans to jump into the market. Fares to Honolulu will start at $259 each way. The average one-way fare on the route is $339 during the ...

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Indonesian airlines slash fares by 60% 

Bloomberg Indonesian airlines reduced air fares for some local routes by as much as 60 percent starting last week in response to a backlash over a surge in ticket prices during the peak holiday season. PT Garuda Indonesia, Lion Air and PT AirAsia Indonesia are among the carriers which already cut prices from January 11, the Indonesian National Air Carrier ...

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No-deal Brexit risks grounding half of Spanish internal flights

Bloomberg A no-deal Brexit risks grounding half of Spain’s domestic passengers and a quarter of the total if British Airways parent IAG SA can’t show that its Iberia and Vueling arms are owned by European Union investors. One of the licensing conditions for operations by EU carriers is that they be controlled by nationals of member states, or the states ...

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Air Baltic mulls new PE-funded airline

Bloomberg Air Baltic Corp, the biggest customer for Airbus SE’s A220 jet, plans to use its latest order for the aircraft to establish a new airline elsewhere in Europe and could seek private-equity funding for the project. The Latvian company aims to deploy 30 A220s at the new carrier and replicate the model that brought it success at home, where ...

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United regains rank as world’s No. 2 airline

Bloomberg The airline world has a new No. 2 after United Continental Holdings Inc’s aggressive domestic expansion pushed the carrier ahead of Delta Air Lines Inc in terms of passenger traffic. Early last year, United embarked on an effort to regain market share at its three mid-continent hubs in Chicago, Houston and Denver. Under a three-year push, United is targeting ...

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Heathrow resumes flights after latest drone menace

Bloomberg Heathrow airport resumed flights after being partially shut for more than an hour as drone sightings near its runways raised safety concerns, marking the second time in a month that a London hub has had to suspend flights because of dangers from the modern-day gadgets. Departures were halted after the sightings in the vicinity of Europe’s busiest airport after ...

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Air France growth lags behind KLM

Bloomberg Air France-KLM Group’s annual traffic figures show that the company’s Dutch arm again grew faster than its French sister carrier, where flights were disrupted by strikes as pilots pushed for higher pay. KLM boosted revenue passenger kilometres — the number of customers times the distance flown — by 4 percent in 2018, compared with a gain of just 1.9 ...

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GE rallies after Apollo Global mulls bid for jet-leasing unit

Bloomberg General Electric Co jumped as a potential megadeal signalled to investors that the ailing manufacturer has another tool to climb out of its deep hole. Apollo Global Management LLC is working to line up financing to buy GE’s jet-leasing unit, which could be valued at as much as $40 billion, Bloomberg reported after the close of trading on January ...

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Heathrow plans to add 25,000 flights

Bloomberg London’s Heathrow airport aims to boost capacity even before a new runway opens, employing measures including a rejigging of the way two existing landing strips are used to add 25,000 aircraft movements a year at Europe’s busiest hub. The project, revealed on Tuesday as part of a consultation process on the 16 billion-pound ($20 billion) third runway, may stir ...

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