Aviation

Bloomberg With screeners already calling in sick in larger-than-normal numbers, US airports are girding for disruptions next week if the partial government shutdown continues and Transportation Security Administration (TSA) officers miss their first paycheck. The airport security officers are caught in the political fight in Washington between President Donald Trump and congressional Democrats over money for a wall along the ...

Bloomberg Debt-laden Jet Airways India Ltd. is trying to renegotiate contracts with its vendors as lenders demand a revival plan by month-end from India’s second-largest airline by passengers, according to people with knowledge of the discussions. The Naresh Goyal-led airline is in talks to defer or reduce payments to vendors including aircraft lessors and those providing engineering, spare parts, credit ...

Bloomberg Delta Air Lines Inc plunged the most in more than six years, pulling rivals lower, after disappointing ticket pricing forced the carrier to cut its revenue forecasts for the second time in two months. Fourth-quarter revenue from each seat flown a mile, or unit revenue, will rise 3 percent from a year earlier, the Atlanta-based airline said in a ...

Bloomberg Airbus SE narrowly missed its reduced target for aircraft deliveries last year even after the company’s factories operated until the last minutes of December 31 to complete remaining jetliners, according to people with knowledge of the matter. Handovers topped 790 but failed to reach the goal of about 800, said one of the people, who asked not to be ...

Bloomberg Panama’s Copa Airlines SA has been crowned 2018’s most punctual carrier in a global survey — but no major US airline made it into the top five. Latvia’s Air Baltic ranked second among airlines arriving or departing within 15 minutes of scheduled times, according to a report by data firm OAG Aviation Worldwide Ltd. Hong Kong Airlines, Hawaiian Airlines ...

Bloomberg London’s Heathrow Airport plans to increase the number of flights by 5 percent before opening a third runway as part of a 16-billion-pound ($20 billion) expansion plan, the Times reported, citing a spokeswoman. The airport expects to add 68 more take-offs and landings a day in the next few years, which would exceed an existing flight limit set two ...

Bloomberg FedEx Corp dropped a plan to begin cargo flights to Cuba, as an opening between the US and the communist country has foundered. The courier “will not be filing for an extension of the startup date for US–Cuba cargo air service between Miami and Varadero,” FedEx said. The company is abandoning its right to fly five weekly frequencies and ...

Bloomberg Ryanair Holdings Plc posted another year of slower passenger growth as the discount carrier’s battle with unions, bad weather and industrywide air-traffic-control strikes took a toll. Passenger numbers for the 12 months through December rose 8 percent to 139.2 million tickets sold, Ryanair said. Even with the addition of Austria’s Laudamotion, the increase was smaller than 2017’s 10 percent ...

Bloomberg Jet Airways India Ltd. has missed a payment to Indian lenders in the latest sign of mounting strains at the country’s second largest airline by passengers, after losses worsened a cash crunch. The setback underscores a lack of progress lining up sufficient funds for debt payments after the beleaguered carrier approached banks for a moratorium on loans and asked ...

Bloomberg Cathay Pacific Airways Ltd. made a mistake selling first- and business-class tickets at a steep discount. Now, the lucky few who made the bookings will travel in style after all. The Hong Kong-based airline said on its Twitter and Facebook pages on Wednesday that it would still welcome passengers that bought the business-class tickets from Vietnam to Canada and ...