Aviation

Bloomberg Boeing Co. defeated Lockheed Martin Corp. to win its third prize in a recent flurry of defense contracts, snaring a US Air Force contest valued at as much as $9.2 billion to build training jets to hone the flying skills of future aviators. The 351 to 475 training aircraft and 120 ground-based training systems would be produced at Boeing’s ...

Bloomberg Kansai International Airport is planning to shut down its runways on Sunday as a powerful typhoon is expected to pass through the western Japan region. The airport’s operator said it will close two runways from 11 am local time on Sunday to 6 am on Monday, halting all takeoffs and landings. Train services also are expected to be impacted. ...

Bloomberg India’s struggling airlines are finding out there’s no end to their woes. Jet fuel, for which they already pay the world’s highest prices, just got dearer as Prime Minister Narendra Modi slapped a duty on imports as part of measures to arrest a slide in the rupee. Shares of Jet Airways India Ltd., SpiceJet Ltd. and InterGlobe Aviation Ltd. ...

Bloomberg The head of an industry group representing almost 300 of the world’s biggest airlines slammed an impasse that threatens to ground planes after Brexit as unprofessional and showing disdain for passengers who have bought tickets in good faith. A deal removing the risk of disruption to flights when Britain leaves the European Union on March 29 must be hammered ...

Bloomberg Ryanair Holdings Plc said it will have to cancel services on Friday after cabin crew unions in Germany, Spain, Belgium, Holland, Portugal and Italy called a strike. Only a “tiny minority” of staff are involved in the action, Ryanair said, adding that the scrapped services amount to 8 percent of the planned schedule and will affect about 30,000 customers. ...

Bloomberg Delta Air Lines Inc.’s computer breakdowns are turning into an unwelcome, annual affair. The US airline grounded all domestic flights on September 25 to deal with a technology issue that affected some of its systems. About an hour later, Delta said it had restored all its systems, allowing the services to resume. While the carrier said there were no ...

Bloomberg The UK warned that flights may be grounded if the European Union doesn’t grant reciprocal approvals to its planes and airlines in the case of a no-deal Brexit — a scenario it maintains remains unlikely, despite a recent setback in negotiations. Britain will continue to recognise European Aviation Safety Agency certifications for up to two years after March 29, ...

Bloomberg New Jersey lawmakers gave preliminary approval to a jet-fuel tax that would force United Continental Holdings Inc. to pay for expanded passenger rail at Newark Liberty International Airport. Airlines are exempt from the state’s gross-receipts tax on petroleum products, with the exception of the fuel used during taxiing and take-off. A bill approved by the Senate budget committee would ...

Bloomberg South African Airways is making progress with its plan to reach profitability in the next three years, even it faces challenges such as a jump in fuel prices, Chief Executive Officer Vuyani Jarana said in an interview. Jarana said he expects losses until the company can break even or achieve profitability at the end of the 2021 financial year ...

Bloomberg The board of Norwegian Air Shuttle ASA has started looking for someone who might be able to replace Bjorn Kjos as chief executive officer when the 72-year-old steps down, according to a report in Nettavisen. Nettavisen said Kjos feels he has been running on “overtime” and that he hopes he won’t still be CEO three years from now. Potential ...