Aviation

  Bloomberg Airbus SE is seeking outside investment for its high altitude solar-powered drone program called Zephyr in order to accelerate the commercialisation of the technology. The planemaker has hired Morgan Stanley to lead to the process of finding investors, a spokesman said in an email. Airbus will continue to own a stake in the unit, which will be renamed ...

  Bloomberg Boeing Co.’s rainmaker in Washington, a former auto lobbyist who goes by the nickname “Z,” is restoring some of the swagger that once made the aerospace giant a force on Capitol Hill. A badly needed legislative victory in late December let Boeing continue plans for its cash-cow 737 Max over the protests of family members of victims of ...

Bloomberg SpaceX filled its Starship rocket and massive booster with extremely cold propellant for the first time stacked together, a crucial test of its new deep-space launch system ahead of its first orbital launch attempt. The procedure, conducted at the company’s Starbase facility in Boca Chica, Texas, is known as a wet dress rehearsal and is meant to run through ...

  Bloomberg Deutsche Lufthansa AG said it aims to buy a minority stake in ITA Airways, seeking to advance an industry consolidation that would give the German airline a stronger foothold in a major European aviation market. The German carrier didn’t disclose financial details, or lay out the size of the stake it wishes to buy in the successor of ...

  Bloomberg Qantas Airways Ltd, the airline whose stellar safety record was made famous by Hollywood, is back in the spotlight after a flurry of mechanical malfunctions. The Australian airline has been hit by a spate of in-flight issues since the middle of last week, starting with a mayday alert and engine shutdown on a plane from Auckland to Sydney. ...

  Bloomberg Amazon.com Inc is beginning air freight services in India, expanding in Asia even as global online sales growth stalls following a pandemic-era boom. The e-commerce retail giant will use cargo capacity in a Boeing 737-800 aircraft operated by partner Quikjet Cargo Airlines Pvt to begin shipments in Hyderabad, Bangalore, New Delhi and Mumbai, said Akhil Saxena, a vice ...

  Bloomberg London’s Heathrow airport was forced to cancel some departures on Monday amid thick fog and freezing temperatures. There may be “minor changes” to schedule as a result of poor visibility at the airport as well as across the southeast of England, a Heathrow spokesperson said. Airlines are working to rebook passengers on alternative services later in the day, ...

  Bloomberg Ryanair Holdings Plc said it will hire an additional 200 cabin crew in Ireland as it gears up for a surge in demand this summer. The Irish low-cost carrier, which has been touting extremely strong demand for travel this summer, said that it will organize a mass recruitment event this month at its headquarters near Dublin. Ryanair has ...

Bloomberg The German government has earmarked about €40 billion ($43.2 billion) in spending by 2040 for its next-generation fighter jet, part of a European effort to upgrade the region’s defense capabilities. The German-French project, called Future Combat Air System (FCAS), was among discussion points between German Chancellor Olaf Scholz and French President Emmanuel Macron in Paris, said the people, asking ...

  Bloomberg Air India Ltd.’s order for as many as 500 aircraft from Airbus SE and Boeing Co. is being held up by an impasse with engine makers powering the 737 Max, dragging out what stands to be one of the biggest single purchases in civil aviation history. CFM International, the General Electric Co. and Safran SA joint venture, is ...