Aviation

Bloomberg American Airlines Group Inc. is ending the carry-on bag fee for customers of its “basic economy” discount fare, caving in to pressure from competitors’ more generous policies. The change, which applies to domestic and short-haul international flights, takes effect from September 5, Fort Worth, Texas-based American said as it announced second-quarter financial results. “It got to the point we ...

Bloomberg Fresh from selling a 25 percent stake in its Italian operations, Corporacion America Airports SA said it may bid on new airport projects in Brazil and plans to start construction on a new runway in Florence. Shares gained the most in two months. The expansion at the Florence airport will allow larger planes to land in one of the ...

Bloomberg Air Canada’s top executive turned up the heat on Aimia Inc. to accept its buyout offer for a Canadian frequent-flyer programme, warning that $1.5 billion in unpaid rewards liability would scare off any other suitors. The airline’s chief executive officer, Calin Rovinescu, said he’ll immediately restart talks with credit-card partners to create its own loyalty program if Aimia fails ...

Bloomberg Ryanair Holdings Plc’s rivals smell blood in the discount giant’s confrontation with its pilots and cabin crew and have pitched ‘Hiring Now’ signs in a bid to siphon off disgruntled staff. British Airways is extending a pilot hiring drive “in light of industry news,” according to a recruitment manager’s post on LinkedIn, while EasyJet Plc, Britain’s biggest low-cost carrier, ...

Bloomberg Flaws in jet engine fan blades like one that cracked and broke loose in April, killing a Southwest Airlines Co. passenger, have been discovered on planes operated by several carriers, and the manufacturer is moving to further tighten inspections. General Electric Co., part of a venture that makes the engines, found a cracked blade during post-accident inspections of another ...

Bloomberg JetBlue Airways Corp.’s pilots approved the first labour contract in the carrier’s history. The four-year pact was approved by 74 percent of those voting, with 98 percent of eligible pilots participating, the Air Line Pilots Association said. The agreement is effective from August 1 and was reached after more than three years of negotiations. The contract raises pay rates ...

Bloomberg Delta Air Lines Inc. and United Continental Holdings Inc. are offering free flights for immigrant families detained and separated under President Donald Trump’s “zero-tolerance” crackdown on illegal border crossings. The airlines are providing vouchers for one-way domestic service so that parents and children that have been released can travel to sponsors or relatives in the US. A federal court ...

Bloomberg US airlines plan to comply with a Chinese government demand that they revise their website identifications of Taiwan to reflect China’s claim on the island territory, said a person familiar with the discussions. The US carriers affected by the mandate — American Airlines Group Inc., Delta Air Lines Inc., United Continental Holdings Inc., and Hawaiian Holdings Inc. — will ...

Bloomberg Ryanair Holdings Plc is pulling a fifth of its planes from its Dublin base this winter as the budget carrier moves to counter intensifying labor unrest causing flight disruptions across Europe. The airline said it will cut its Irish fleet by a fifth to 24 aircraft for winter 2018, blaming pilot walkouts for hurting bookings, air fares and consumer ...

Bloomberg Boeing Co. investors can bank on the planemaker for another stellar quarter. Strong deliveries in the second quarter, several strategic deals and a stable cash flow has ensured big returns for Boeing shareholders over the past year, with the stock gaining nearly 67 percent, compared to a 14 percent bump for the rest of the market. While intensifying concerns ...