Aviation

EasyJet, Virgin partner for transatlantic connections

Bloomberg EasyJet Plc has partnered with Virgin Atlantic Airways Ltd. for connections at its London Gatwick base, giving passengers on mainland Europe easy access to routes across the Atlantic. Connecting with Virgin flights will open up destinations including Las Vegas, Orlando, Antigua and St. Lucia, the carriers said in a joint statement. Similar agreements are already in place with the ...

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JetBlue bets on fewer-frills fare, bag fees to lift revenue

Bloomberg JetBlue Airways Corp., lagging the airline industry’s share returns for a third straight year, is stepping up efforts to boost revenue. The New York-based carrier led US airlines in raising fees for checked bags this summer. It’s cutting frills in a new fare class designed to keep up with similar offerings at larger rivals and smaller discounters. And its ...

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Primera Air filing for bankruptcy citing Airbus delivery delays

Bloomberg Primera Air is filing for bankruptcy. The Nordic carrier, which had only just started a new business flying long-range, fuel-efficient Airbus SE narrowbodies across the Atlantic, will cease operations as of midnight, it said in an emailed statement. The airline, which along with Norwegian Air Shuttle has attempted to upend the existing trans-Atlantic thoroughfare with low-cost, long-haul flights, was ...

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Ryanair lowers profit outlook on labour strife, high fuel cost

Bloomberg Ryanair Holdings Plc caught investors off guard by saying labour strife and higher fuel prices are taking a heavier toll on earnings, sending the stock down the most since 2016. The shares plunged on Monday after Europe’s biggest discount carrier said profit for the year through next March will be about 12 percent lower than it had forecast less ...

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Dreamliners face inspections on Rolls engine flaws

Bloomberg Faulty Rolls-Royce Holdings Plc engine blades are deteriorating faster than expected, prompting additional groundings of Boeing Co.’s 787 jetliners for early repairs. The discovery affects about 120 Trent 1000 turbines, or about 8 percent of the global fleet, and has frustrated efforts to reduce the number of idled planes after a series of engine issues, a person familiar with ...

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Embraer to have ‘blocking power’ in new Boeing JV

Bloomberg Embraer SA will have the right to block ten crucial matters in the commercial-aircraft joint venture it’s forming with Boeing Co, according to a Memorandum of Understanding between the two companies. The document was made available via the website of the Sao Jose dos Campos Metalworkers Union on Septemebr 21 after the Labor Prosecutor’s Office requested a copy of ...

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Congo airline, Comac in talks to buy aircraft

Bloomberg Societe Nouvelle Air Congo, a state-owned carrier, is in talks with Commercial Aircraft Corp. of China Ltd. to buy three new aircraft as it prepares to begin offering regional flights, a director said. The company, known as SN Air Congo, plans to acquire ARJ21s, Michael Gollo, head of quality, safety and security, said by phone in the Republic of ...

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Air France-KLM’s new CEO Smith gets knuckles rapped by French minister

Bloomberg Just days after taking the top job at Air France-KLM, Chief Executive Officer Ben Smith is learning the hard way about the difficulties of running a French state-backed business. Economy Minister Bruno Le Maire publicly took the Canadian to task for being quoted in the Financial Times as saying that the government was prepared to sell its 14 percent ...

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Delta CEO blames ‘device issue’ for system failure

Bloomberg Delta Air Lines Inc. blamed a “physical device issue” for a systems failure that forced the carrier to briefly ground all domestic flights earlier this week. Chief Executive Officer Ed Bastian provided few details about the cause of the disruption. Speaking at the Skift Global Forum in New York, he referred to the September 25 problem as “a hiccup” ...

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JetBlue mimics US rivals by adding no-frills fare class

Bloomberg JetBlue Airways Corp. will offer its own version of a basic economy fare, saying its “success is at risk” if it doesn’t match the discounted, no-extras tickets being sold by larger rivals. The change will be part of a broader shakeup of JetBlue’s fare system that will debut next year, President Joanna Geraghty told airline employees in a message. ...

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