Aviation

Bloomberg Southwest Airlines Co. tumbled the most in two years as Wall Street worried that expenses are getting out of hand. Investments in new technology and airport facilities haven’t paid off as much as expected, said Chief Executive Officer Gary Kelly. Costs for each seat flown a mile, a key measure of efficiency, will climb at least 3 percent in ...

Bloomberg United Technologies Corp can’t seem to get its aerospace megadeal across the finish line. But that isn’t stopping the company from capitalising on a booming market. The manufacturer boosted its forecast for the year and topped Wall Street’s third-quarter profit estimates as demand surged for the latest in aviation know-how. Sales at the Pratt & Whitney jet-engine operation jumped ...

Bloomberg Deutsche Lufthansa AG is trying to decide whether to take its first Boeing Co 787 Dreamliners, or to expand its fleet of Airbus SE’s marquee A350 wide-body jets as it updates its long-range aircraft, according to people familiar with the plans. Lufthansa has requested proposals from both Airbus and Boeing, and is looking to order about 20 jets in ...

Bloomberg Catering employees at United Continental Holdings Inc. have voted to join the Unite Here union, marking the last group of front-line employees at the carrier to seek labor representation. The vote was announced by the National Mediation Board, with 72 percent of those eligible to vote supporting the effort. Overall, Chicago-based United has about 2,900 catering employees who work ...

Bloomberg A referendum on the future of Mexico City’s partially built airport this week is shaping up to be president-elect Andres Manuel Lopez Obrador’s first standoff with investors who have taken a wait-and-see approach to the new government. The nationwide vote from October 25 to October 28 will ask people whether they want to push ahead with the $13 billion ...

Bloomberg Ryanair Holdings Plc’s year-long dispute with unions took a bizarre turn with the release of CCTV footage the discount carrier says shows cabin crew staging a photo of them being forced to sleep on the floor at Malaga airport in Spain. The original shot, posted on a Facebook page critical of Ryanair, appeared to depict staff bedded down at ...

Bloomberg JetBlue Airways Corp. is ready to brag about its premium offerings on potential trans-Atlantic routes, even if it hasn’t yet decided whether to start flying to Europe. If it jumps into one of the world’s busiest markets for business travel, the airline would be betting on replicating the success it’s had on cross-country US flights with its high-end Mint ...

Bloomberg Gulfstream will increase output of the G550 business jet next year as fliers continue to covet one of the oldest models in the company’s lineup. The G550 was the General Dynamics Corp. unit’s longest-range plane until the G650 went on sale about six years ago. Since then, Gulfstream had steadily reduced production of the older jet. “The plane continues ...

Bloomberg Jet Airways India Ltd. has approached banks for a moratorium on loans and asked for fresh funds to ease a cash cru-nch, according to people with direct knowledge of the matter, adding to signs the carrier is sliding deeper into trouble. The airline has already gro-unded about a dozen planes as part of a review of its network aimed ...

Bloomberg Deutsche Lufthansa AG is exploring options including a sale for LSG Sky Chefs, the catering arm that serves planes, trains and the International Space Station, according to people with knowledge of the matter. The German airline is working with advisers to review the business, according to the people, who asked not to be identified because the information is private. ...