Aviation

Bloomberg With a month to go before the world’s major airlines must comply with Beijing’s order to recognise Taiwan as part of China, US carriers risk flying fewer mainland passengers by staying defiant. While Japan Airlines Co., ANA Holdings Inc. and Australia’s Qantas Airways Ltd. have changed how they described Taiwan on their websites, Delta Air Lines Inc. and American ...

Bloomberg Boeing Co. isn’t waiting for next month’s Farnborough International Airshow to unveil blockbuster aircraft deals — or start booking cash. The Chicago-based planemaker is poised to bolster its backlog with orders valued at $14.4 billion thanks to two transactions announced. That’s a break from an industry practice of stockpiling sales for the biggest annual trade expo that alternates between ...

Bloomberg Jet Airways India Ltd. purchased another 75 of Boeing Co.’s 737 Max aircraft for about $8.8 billion as it looks to continue rapid expansion in the world’s fastest-growing major aviation market. The latest purchase brings the airline’s backlog for the narrowbody plane to 225, Jet said. It already placed two 75-plane orders, the most recent in April, with the ...

Bloomberg Boeing Co. and the US Air Force anticipate delivery in October of the first KC-46 aerial refuelling tanker, settling a disagreement over timing for the much-delayed $44.3 billion programme, according to the service’s No. 2 civilian official. The new schedule is two months earlier than the Air Force had projected. Undersecretary Matthew Donovan called it “aggressive but achievable” in ...

Bloomberg Virgin Atlantic Airways Ltd. said commercial head Shai Weiss will take over as chief executive officer as billionaire founder Richard Branson prepares to cede majority control of the UK carrier. Craig Kreeger will stand down as chief at the end of this year, with Weiss taking the helm on January 1, 2019, the Crawley, England-based company said. The switch ...

Bloomberg Airbus SE threatened to pull its UK investments if Britain walks away from the European Union without a deal, upping the stakes for Prime Minister Theresa May as she fights to deliver a Brexit that won’t wreck the country’s economy. In the starkest warning yet from any major company, the aerospace giant said that a departure from the single ...

Bloomberg As the brewing trade battle between the US and China threatens to slow demand for air freight, the market is also facing pressure as demand gets in line with supply, according to the chief executive officer of Singapore Airlines Ltd. “From a business perspective, we would like to see countries around the world to work together to grow the ...

Bloomberg Workers at a Bombardier Inc. aircraft plant that was recently sold to a pension fund have reached tentative labour agreements with the company. Unifor, the union that represents about 2,000 production and office staff at the Downsview facility in Toronto, is recommending that members ratify the deals. Details won’t be released until after workers vote on Sunday. Workers had ...

Bloomberg A Mexican airline is offering to reunite families separated by President Donald Trump’s “zero tolerance” immigration policy — for free. Controladora Vuela Cia de Aviacion, known as Volaris, said it will try to work with authorities in the US, Mexico and Central America to bring back family members. The company operates flights across Mexico and to various US cities, ...

Bloomberg In the perennial battle between Boeing Co. and Airbus SE, China has for years tried to keep orders on an even keel between the duopoly. Now, thanks to US President Donald Trump, the American planemaker is at risk of losing its meager lead in the world’s second-biggest aviation market. With the rising prospect of an all-out trade war after ...