Aviation

Bloomberg Sri Lanka has already sold China a port that gets almost no ships. The island nation now wants India to take control of an airport with no scheduled flights. The nation first tried to offer China the Mattala Rajapaksa International Airport in the southern district of Hambantota, but is now in talks with India, Prime Minister Ranil Wickremesinghe told ...

Bloomberg Ryanair Holdings Plc is facing pilot strikes in its Irish home market next week, in what may become the most significant confrontation between Europe’s biggest low-cost carrier and organized labor to date. A poll of Ryanair cockpit crew produced a 94 to 1 vote in favour of industrial action including strikes, a spokesman for the Irish Air Line Pilots’ ...

Bloomberg ANA Holdings Inc., Japan’s largest airline, will cancel 113 domestic flights for mandatory checks to help assess possible glitches in the Rolls-Royce Holdings Plc engines powering its Boeing Co. 787 Dreamliners. The flights will be cancelled from July 6-12, the Tokyo-based carrier said in a statement on Wednesday. ANA is assessing whether more flights need to be scrapped beyond ...

Bloomberg Asiana Airlines Inc., South Korea’s second-biggest carrier, said its struggle to provide in-flight meals to passengers departing Seoul continued for a fourth day after a caterer was unable to deliver the food on time. About seven out of 79 flights were expected to depart on Wednesday from Incheon airport, which serves Seoul, without any food for passengers, a spokesman ...

Bloomberg Travellers are about to get cheaper flights in Argentina as President Mauricio Macri curbs price floors that have propped up domestic airfares. In an effort to boost tourism, the government will allow airlines to drop prices as low as they want for domestic service as of August 15. The rule change only applies to round trips, and customers must ...

Bloomberg Senators have chided the Pentagon’s F-35 program office for claiming $1.2 billion in purported savings from buying parts and equipment for Lockheed Martin Corp.’s fighter jet in bulk after an independent analysis found the benefit is likely to be half that. Program office officials sought and won congressional approval last year to spend $661 million as a down payment ...

Bloomberg US airports are breaking records on construction spending to cash in on a surge in travel while the industry is flush from years of low fuel prices. Airports spent a seasonally adjusted $5.42 billion on construction in May, according to a preliminary estimate released by the US Census Bureau, a 75 percent increase from a revised estimate of $3.1 ...

Bloomberg Airbus SE will miss its delivery target for Pratt & Whitney-powered A320neo narrow-body jets this year, after problems with the engines caused an almost three-month halt in shipments, people familiar with the matter said. The Toulouse, France-based planemaker expects to deliver 30 to 40 fewer of the aircraft than it previously anticipated, according to one of the people, who ...

Bloomberg Competition just got even tougher for Air France-KLM as yet another low-cost operator offers cheap transatlantic flights from Paris, while the Franco-Dutch carrier struggles with a top management void and labour strife. British Airways parent IAG SA started discount links between the French capital and Montreal on Monday through its low-cost arm Level, taking direct aim at Air France-KLM ...

Bloomberg Fastjet Plc dropped 48 percent in London trading after saying it needs to raise further funds to survive as it runs short of cash and losses mount. A cash balance that stood at $7.5 million on May 24 had shrunk to $3.3 million as of June 18 following spending on aircraft, and Fastjet is struggling to access some loan ...