Aviation

The man taking on Boeing with a $22bn jet order at stake

Bloomberg The crash of a Boeing Co. plane that killed 189 people in Indonesia is spiralling into a $22 billion feud between the aircraft maker and one of Asia’s most influential aviation bosses. In a rare public dispute between the planemaker and one of its biggest customers, the head of PT Lion Mentari Airlines has threatened to cancel an order ...

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Air China in talks to buy HNA’s core airline assets

Bloomberg HNA Group Co. held preliminary talks to sell its core airline assets to one of China’s top state-run carriers, people familiar with the matter said, a sign little has been off the table as the sprawling conglomerate seeks to pay down its hefty debt load. The talks, which haven’t been previously reported, started late last year, the people said, ...

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Jury is still out on Ryanair’s dealings with trade unions

Bloomberg One year after Ryanair Holdings Plc Chief Executive Officer Michael O’Leary shocked the airline industry with his decision to finally recognise trade unions, the two sides can’t agree on how much progress has been made in their talks. The Irish budget carrier’s CEO has opened talks with employees in all major markets. That’s led to collective labour agreements with ...

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Aeromexico 737 jet damaged in possible midair drone strike

Bloomberg Grupo Aeromexico SAB is investigating whether a drone slammed into a Boeing Co. 737 jetliner as the aircraft approached its destination in Tijuana, Mexico, on the US border. Images on local media showed considerable damage to the nose of the 737-800, which was operating as Flight 773 from Guadalajara. In a cabin recording, crew members can be heard saying ...

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Boeing delivers first 737 from China plant

Bloomberg Boeing Co. has kicked off its industrial foray into China, handing over the first 737 Max completed in the country to Air China as executives looked past simmering trade tension to a $2.7 trillion market opportunity. The jetliner was the first to be delivered outside the US by the Chicago-based planemaker, although the aircraft for all intents and purposes ...

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Tardiest US carrier Spirit Air wins its first on-time crown

Bloomberg Spirit Airlines Inc., the tardiest US airline only two years ago and a lightning rod for customer complaints, just won its first monthly title for the nation’s best on-time performance. The discounter avoided late arrivals on 89 percent of its flights in October, edging out Hawaiian Holdings Inc. and Delta Air Lines Inc., according to Department of Transportation data. ...

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Lion Air firm on cancelling $22 billion Boeing jet orders

Bloomberg Lion Air Mentari’s owner is sketching out plans to become one of the world’s largest budget carriers, while also preparing to scrap $22 billion in Boeing jet orders out of anger at the manufacturer’s response to an October air disaster. Rusdi Kirana, the co-founder of Lion Air, Indonesia’s biggest airline, mapped out the seemingly contradictory goals in an interview ...

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Bombardier’s $73mn luxury jet poised for debut

Bloomberg Bombardier Inc. says it will deliver its first Global 7500 next week as the company’s biggest luxury jet makes its commercial debut two years later than initially planned. The planemaker is planning an event near Montreal on December 20 to mark the entry into service of its newest aircraft, according to a statement. The Global 7500, which can fly ...

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Air France to appoint its first female chief executive

Bloomberg The French unit of Air France-KLM is getting ready to appoint Anne Rigail as chief executive officer, making her the first woman to lead the airline, a person familiar with the matter said. Her appointment was presented to Air France board members on Wednesday morning, the person said, asking not to be identified because the decision isn’t public. The ...

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Boeing needs December delivery surge for 737 target

Bloomberg Boeing Co. will need to ramp up deliveries of its 737 jetliners to 83 planes this month to reach its annual target as the planemaker recovers from factory snarls that bedeviled its largest source of profit earlier this year. Boeing shipped 61 of the single-aisle aircraft in November, 18 more than in October, as the company recovered from engine ...

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