Aviation

Bloomberg Bombardier Inc., the debt-laden manufacturer in the middle of a turnaround plan, expects to be able to refinance bonds next year even if high-yield markets remain skittish. The company’s next major debt maturity is $850 million due in March 2020, with more than $2 billion coming the year after that, according to company filings. As the 2021 maturities come ...

Bloomberg Delta Air Lines Inc. is barring emotional-support and service animals that are less than four months old, while banning all support animals from flights longer than eight hours. The changes will take effect for tickets issued on or after December 18, the carrier said. Passengers who bought tickets before then and who already requested to travel with an emotional ...

Bloomberg Bombardier Inc., which has been reeling from a weaker cash-flow forecast and a heavy debt load, says it’s about to transition to a new phase of sales growth. The Global 7500 luxury jet, which will debut in the coming days, will add at least $2.5 billion a year in revenue by 2020, Bombardier said in a presentation. The company ...

Bloomberg The Vietnam partner of AirAsia Group Bhd. expects their new carrier to begin operations in August, joining the ranks of low-cost airlines in Southeast Asia as a growing middle class spurs many to travel by air. The domestic airline will apply for its aviation license in February and expects to gain the necessary regulatory approvals within six months, said ...

Bloomberg The brunt of Winter Storm Diego hasn’t arrived in North Carolina yet, but it’s already wreaking havoc on travellers. At Charlotte Douglas International Airport, nearly 1,300 flights in and out of the city have been cancelled this weekend, according to Flight Aware, an airline tracking service. American Airlines Group Inc., which uses Charlotte as a hub, accounted for a ...

Bloomberg Lufthansa AG has billed a cabin-crew union for pay it says some staff received when they were actually working for the labour group, marking the latest in a series of spats with employee representatives. The people were paid at various times between 2015 and 2018 when they were engaged with the UFO union rather than flying, Lufthansa said in ...

Bloomberg Virgin Atlantic Airways Ltd. looked seriously at establishing its own low-cost carrier before scrapping the plan amid concern that the move might dilute its brand. The UK airline worked on the project for some months but ultimately opted to split its economy class into three price grades to better attract cost-conscious travelers, Chief Executive Officer Craig Kreeger said. Like ...

Bloomberg Indonesian flag carrier Garuda will keep taking deliveries of Boeing’s 737 Max jet, giving the new aircraft a vote of confidence while local rival Lion Air threatens to cancel its $22 billion order after suffering a plane crash in October. “Our Max jet has been performing well, we have no significant issue with it,” PT Garuda Indonesia President Director ...

Bloomberg Airbus SE firmed up an order for 100 single-aisle aircraft from Avolon, the aircraft-leasing company owned by China’s HNA Group Co. The deal, worth $11.5 billion before discounts, seals an outline accord unveiled at the Farnborough Air Show in July, the Irish lessor said in a statement. Aircraft orders typically come in stages, and aren’t counted against order totals ...

Bloomberg Hawaiian Holdings Inc. cut its outlook for a key revenue measure, citing low fares and sluggish demand — the second US airline to issue a gloomy forecast in as many days. “Year-over-year visitor growth from North America to Hawaii remains positive, but at a slower pace than industry capacity growth,” the parent of Hawaiian Airlines said. Revenue for each ...