Aviation

  Bloomberg Southwest Airlines Co. named a new executive to oversee technology investments and data platforms, just over a month after the carrier suffered from an operational meltdown that forced it to cancel more than 16,700 flights. Lauren Woods, who has been with the company since 2010, was named chief information officer and senior vice president of technology, taking over ...

  Bloomberg Air New Zealand Ltd. is attempting one of its biggest-ever passenger recoveries, trying to rebook some 9,000 travellers stranded around the world or stuck at home, unable to fly due to floods in Auckland. With spare capacity on airlines already limited, the task has turned into a complex logistical puzzle for the New Zealand carrier. Some passengers are ...

  Bloomberg The US and India plan to share advanced defense and computing technology, including the potential joint production of General Electric Co. jet engines, as the Biden administration seeks to shift New Delhi away from Russia and counter China. Details of the plan, known as US–India Initiative on Critical and Emerging Technologies, bolster Washington’s broader agenda of strengthening military, ...

  Bloomberg Boeing Co. is studying whether an innovative plane it’s developing with Nasa could find a home in its lineup next decade, the company’s top executive said, offering a tantalising glimpse into its product strategy. Later this decade, the US planemaker plans to fly a full-scale prototype of the single-aisle jet, whose size could make it an eventual successor ...

  Bloomberg Southwest Airlines Co. and American Airlines Group Inc. have cancelled more than 1,500 flights early this week as a winter storm brings freezing temperatures, sleet and possible ice accumulation to the Dallas-Fort Worth area. Southwest, which accounts for nearly all the flights at Dallas Love Field, grounded 483 on January 31 and pre-cancelled 309 on Tuesday, according to ...

  Bloomberg The first and final 747 jumbo jet models both started with a handshake deal. Back in the mid-1960s, the leaders of Boeing Co. and PanAm came to an agreement that if the US planemaker pushed ahead with the audacious new design, the airline would in turn go ahead and buy the giant jetliner. That gentleman’s agreement would kick-start ...

Bloomberg The UK will reinstate utilisation rules that mandate airlines use their allocated airport take-off and landing slots or lose them in the next season as travel rebounds from the pandemic. Airlines will be required to use 80% of their airport slots this summer in order to retain them, the Department for Transport said. Carriers will still be able to ...

  Bloomberg Ryanair Holdings Plc said it’s confident it can sustain its profitable run into next year and beyond as surging travel demand drives fares and as the company operates more high-capacity, fuel-efficient aircraft. Profit after tax in the fiscal third quarter through December reached €211 million ($229 million), compared with a loss of €96 million a year earlier, Europe’s ...

  Bloomberg Boeing Co added nearly 15,000 employees in 2022 and plans to hire another 10,000 workers this year, reversing the steep headcount reductions it made earlier this decade to preserve cash while the Covid-19 pandemic and 737 Max grounding flattened jet sales. Boeing has said earlier that it handed over 69 jets in December — including 54 from its ...

  Bloomberg Ethiopian investigators’ report into the Boeing Co. 737 Max crash outside Addis Ababa in 2019 falsely claimed the jetliner had an electrical failure, the US government said, in a highly unusual public rebuttal of the nation’s findings about the fatal accident. The US National Transportation Safety Board (NTSB) accused the Ethiopian Accident Investigation Bureau (EAIB) of making claims ...