Aviation

Airbus needs a year to catch up on A320neo output

Bloomberg Airbus SE needs at least another year to get production of its A320neo back on track and stabilise deliveries following manufacturing and design snags at its engine suppliers, according to a senior executive. The plane maker was forced to adjust the timing of its A320neo handovers at the start of 2018 after a fault was uncovered with Pratt & ...

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American mulls ending ticket changes if Congress limits fees

Bloomberg American Airlines Group Inc. would consider barring passengers from changing nonrefundable tickets if Congress limits what carriers can charge for the adjustments, Chief Executive Officer Doug Parker said. “That non-refundable ticket is of value to us,” Parker told reporters after speaking to a business group in Irving, Texas. “We knew that seat was going to be filled. It allowed ...

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Iceland’s Wow Air plans ‘rare’ IPO

Bloomberg While Europe’s second-tier airlines collapse or wrestle with stretched finances, Wow Air plans to sell shares to the public. The Iceland-based low-cost carrier hired Arion Bank and Arctica Finance to prepare for an initial public offering in 12 to 18 months, it said, when it also published details about a bond issue. The 60 million euros ($70 million) bond, ...

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The airport that doesn’t need ‘humans’

Bloomberg Imagine landing at a major airport and the only human official you meet on your way through the terminal is a customs officer. Singapore’s Changi Airport, voted the world’s best for the past six years by Skytrax, is pursuing that goal of extensive automation with such vigour that it built an entire terminal to help test the airport bots ...

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Airlines resume their services to Hong Kong as typhoon moves on

Bloomberg Cathay Pacific Airways Ltd. and some other airlines resumed services to Hong Kong, a city that was battered over the weekend by a powerful typhoon, forcing the cancellation of almost 900 flights. The city’s flag carrier reported on its website “a gradual return to scheduled flight operations” starting from Monday morning. The Hong Kong International Airport said that passengers ...

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Airbus replaces sales head Schulz after less than a year

Bloomberg Airbus SE replaced its head of sales after less than a year, adding to the rapid changeover at the top of the planemaker and highlighting the challenge of filling the shoes of inimitable predecessor John Leahy. Eric Schulz, who joined the European planemaker from Rolls-Royce Holdings Plc, will be succeeded by Christian Scherer, 56, an Airbus veteran who has ...

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900 Hong Kong flights cancelled as typhoon batters city

Bloomberg Airlines and passengers over parts of Asia have been grounded as Typhoon Mangkhut belted Hong Kong with mammoth gales and rain before moving towards China’s Guangdong province. According to the Hong Kong Airport Authority, 889 flights were canceled Sunday because of the storm. The city’s Airport Express train and bus service were also suspended. Cathay Pacific Airways Ltd. said ...

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Airlines’ biofuel-powered flights might soon take off

Bloomberg For years, airlines have experimented with biofuels, aiming to reduce both carbon emissions and their reliance on fossil fuels. It’s been a turbulent journey buffeted by inconsistent investment and the periodic lure of cheap oil. But several major carriers are planning larger-scale usage of biofuel in 2019 and 2020, including JetBlue Airways Corp. and Cathay Pacific Airways Ltd. United ...

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Cathay cancels 400 flights ahead of super typhoon

Bloomberg Cathay Pacific Airways Ltd. cancelled more than 400 flights over the next three days and warned of “serious disruptions” for air travellers as Super Typhoon Mangkhut approaches Hong Kong. Other airlines across the region halted flights on Saturday as Mangkhut slammed into the Philippines and was set to disrupt travel from Hong Kong to Japan. Cathay Pacific said earlier ...

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Drone army ready to swoop in for Florence power recovery

Bloomberg As Hurricane Florence batters the southeastern US, a small army of drones is being assembled to quickly help identify and even fix damage caused by the storm. At least 53 drone teams have been recruited to help with damage assessment, said Brian Reil, a spokesman for Edison Electric Institute, the Washington-based industry group coordinating utility recovery efforts. Each team ...

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