Aviation

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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Bombardier CFO plans to refinance bonds soon

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 ...

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Delta bans ‘support animals’ on flights

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 ...

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Bombardier sees shift to ‘growth cycle’ on luxury jet

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 ...

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AirAsia’s Vietnam venture aims to begin operations in August

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 ...

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Flight cancellations surpass 1,000 over storm in Charlotte

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 ...

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Lufthansa bills cabin-crew union for work done on company time

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 ...

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Virgin Atlantic studied low-cost airline to combat Norwegian

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 ...

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Boeing 737 gets Garuda vote as Lion warns to scrap order

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 ...

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