Bloomberg Kenya plans discussions with low-cost airlines such as Ryanair Holdings and easyJet Plc to begin flying to the East African nation famous for its beaches and safaris, its tourism minister said. Tourism is one of the country’s biggest generators of foreign exchange after remittances and agricultural exports, and earned the nation $1.2 billion last year, according to the Kenya ...
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Ryanair chairman faces bid to oust him
Bloomberg Ryanair Holdings Plc’s chairman of more than two decades, US billionaire David Bonderman, is facing increasing opposition to his re-election at the Irish discount carrier’s annual meeting later this month. The ITF and ETF international labor groups and investor-advisory service Glass Lewis are separately lobbying against the reappointment of Bonderman, a long-time ally of Chief Executive Officer Michael O’Leary ...
Read More »It’s tough to make money in India, says airline group
Bloomberg India may be the world’s fastest growing major aviation market, but it is difficult for airlines to make money as excessive taxes and poor infrastructure choke the industry, according to the International Air Transport Association. While jet fuel accounts for about 24 percent of a carrier’s average costs globally, it is 34 percent in India, making domestic airlines even ...
Read More »Strikes, traffic control disruption hit Ryanair
Bloomberg Ryanair Holding Plc scrapped flights for 100,000 passengers last month as operations at the discount carrier were hit by strikes in five nations together with air traffic control disruption across a swathe of Europe. Ryanair cancelled almost 550 flights in August, compared with 27 a year earlier, the Dublin-based company said. Cockpit crews walked out on August 10 in ...
Read More »Pratt assesses neo engine fault as FAA weighs action
Bloomberg Pratt & Whitney is investigating incidents of excessive vibration in its engines that power Airbus SE’s A320neo aircraft, the latest in a series of problems that have plagued the new turbine, according to people familiar with the matter. The US manufacturer, a unit of Farmington, Connecticut-based United Technologies Corp., has yet to identify the cause and is assessing if ...
Read More »AirAsia’s Chinese dreams suffer blow after deal collapses
Bloomberg AirAsia Group Bhd.’s planned foray into China for a wider regional footprint suffered a setback after Southeast Asia’s largest budget airline failed to secure a deal with its local partners to tap the world’s second-biggest aviation market. A preliminary agreement signed last year for a venture with China Everbright Group and the Henan government has lapsed and won’t be ...
Read More »Airbus to aid China probe of A320 missing wheels
Bloomberg Airbus SE said it will help Chinese authorities investigate an incident in Shenzhen this week, when the crew of an A320 commercial jet requested emergency landing after reporting troubles, and later found the two nose wheels missing. Capital Airlines flight JD5759 from Beijing, with 166 aboard, encountered severe wind shear while attempting to land in Macau on Aug. 28, ...
Read More »No-frills Norwegian Air flies into Brazil’s red tape
Bloomberg Welcome to Brazil and fasten your seat belt, Norwegian Air. The European carrier has won approval from the Brazilian government to begin flying in the country, expanding its network of discount trans-Atlantic flights to South America. But the airline will face mounting regulation that could work against its no-frills model. Brazil’s Senate approved a bill on August 8 prohibiting ...
Read More »EasyJet moves pilots to new licenses amid ‘no-deal’ Brexit risk
Bloomberg EasyJet Plc is shifting its pilots based in mainland Europe to Austrian and German licenses in an effort to minimise the potential fall-out from a no-deal Brexit. The 1,400 affected will be moved to licenses issued by Austria from November, an official at the Luton, England-based carrier said. German crew will be registered locally, while British pilots operating in ...
Read More »United Continental joins JetBlue with $30 bag fee
Bloomberg The $30 bag fee is gaining traction across US airlines as summer travel winds down and carriers look to boost revenue to offset higher fuel prices. United Continental Holdings Inc. increased the charge for passengers’ first checked bag by $5 last week, matching a move by JetBlue Airways Corp. earlier in the week. The fee changes apply to United ...
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