Aviation

Bloomberg Britain’s Civil Aviation Authority (CAA) is stepping up efforts to ensure that airlines and aerospace companies can carry on functioning in the event of a no-deal Brexit. The regulator has briefed government officials on its plans to recruit staff with the expertise to take over the certification of parts and planes should the split cause Britain to leave the ...

Bloomberg Dutch airline KLM agreed to reduce the workload for its pilots. Unions at sister carrier Air France want a deal too. Labour representatives at Air France-KLM’s French unit have been asking for a pay rise since the beginning of the year, vowing to stage more strikes if new Chief Executive Officer Ben Smith doesn’t comply. Now that KLM pilots ...

Bloomberg Poland’s plan to build a $9.4 billion central airport 45 kilometres (27 miles) outside of the capital will be a waste of money that would be better spent on improving existing facilities, according to Europe’s biggest low-cost carrier Ryanair Holdings Plc. Warsaw already has two operating airports, whose capacities aren’t fully used and could be expanded instead of building ...

Bloomberg Argentina’s peso is slumping and the economy can’t catch a break. Norwegian Air’s mostly shrugging it all off to offer plane tickets starting at $18. The company is betting that a weaker peso will attract foreigners and a recession at home will boost domestic travel, said Ole Christian Melhus, chief executive officer of the Argentine unit, in an interview. ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...