Aviation

Bloomberg Boeing Co. was slapped with two more lawsuits this week by relatives of the victims of a Lion Air jet that plunged into the Java Sea with 189 people on board almost a month ago. One of the lawsuits filed by Kabateck LLP on behalf of Dayinta Dyah Anggana, whose 54-year-old mother, Nurul Dyah Ayu Sitharesmi, was among the ...

Bloomberg Boeing Co. reckons Brexit will slow growth in both the UK and European Union economies, though not enough to upset demand for its planes, according to marketing vice president Randy Tinseth. “We expect from a UK perspective and an EU perspective, there will be an economic impact, you can’t get away from that, the UK economy more in terms ...

Bloomberg Airlines in India are asking the government to help them obtain unsecured credit from oil companies and airports, as fuel-price increases push them deeper into losses and imperil their survival. Competition and aggressive pricing are stopping fares from rising to reflect higher input costs, the Federation of Indian Airlines said in a letter sent to the aviation ministry’s top ...

Bloomberg Airbus SE named Infineon Technologies AG’s Dominik Asam to replace Chief Financial Officer Harald Wilhelm when he steps down in April, as the European planemaker moves closer to cementing its executive lineup following a major reshuffle. The company also named Michael Schollhorn to become chief operating officer of the commercial aircraft unit, another key role now held by retiring ...

Bloomberg A federal regulator slammed the Port Authority of New York and New Jersey, saying it doesn’t have a reasonable or transparent method for justifying the fees it charges airlines to use Newark Liberty International Airport, one of three major airports serving the New York metropolitan area. The Federal Aviation Administration said that the Port Authority has routinely diverted airport ...

Bloomberg A rescue of beleaguered Jet Airways brokered by the Indian government is unlikely to end the pain of local airlines that are struggling to make money in one of the toughest markets, according to analysts. Tata Group’s interest in purchasing Jet Airways India Ltd. may be a “step in the right direction,” although it won’t transform overnight an industry ...

Bloomberg Boeing Co.’s 737 Max jet just got a vote of confidence with a $4.4 billion order from a South Korean carrier, less than a month after one of the planes crashed in an incident investigators believe was caused by a faulty flight system. Jeju Air Co., South Korea’s biggest budget carrier, ordered 40 Max 8 aircraft at a list ...

Bloomberg EasyJet Plc delivered a surprisingly upbeat assessment of the impact of Brexit on the European travel market, saying that not only will flights continue unimpeded but that bookings for next year are actually higher. The company’s fiscal first half, which ends on March 31, two days after Britain is due to quit the EU, is showing “solid demand,” with ...

Bloomberg Boeing Co. is trying to assuage 737 Max customers concerned about a little-known anti-stall feature that has emerged as a focus of investigators probing a crash in Indonesia last month that killed 189 people. Southwest Airlines, the largest 737 Max operator, American Airlines and United Airlines are among the carriers globally pressing Boeing for details of the formerly obscure ...

Bloomberg The interests of India’s government and the nation’s biggest conglomerate are converging over a teetering airline. Narendra Modi’s administration has approached Tata Group’s salt-to-software empire to help rescue Jet Airways India Ltd., people familiar with the matter said. To aid the process, the government is talking to Tata about a potential haircut to state-run banks on Jet’s loans and ...