Aviation

Bloomberg Airbus SE has seen widespread popularity for its newest A350 long-haul aircraft. But only one carrier, Singapore Airlines Ltd., has found the need for an ultra long-range version of the A350 that can fly almost 10,000 miles, from New York City to Southeast Asia—nonstop. Airbus completed the first test flight of the ULR version on April 23 as part ...

Bloomberg Airbus SE is favoured to pull in an order from Singapore Airlines Ltd. affiliate Vistara for as many as 60 new-engine single-aisle airliners to gain a stronger foothold in the booming Indian market, according to people familiar with the negotiations. The airline is leaning towards buying the A320neo jets after a contest with Boeing Co.’s 737 Max model, according ...

Bloomberg Boeing Co. said it will push for open and fair trade after President Donald Trump announced duties on steel and aluminum imports from some of America’s allies on national security grounds. “We’ve done a preliminary analysis and we don’t see it having a material effect on our financials,” sales chief Randy Tinseth said in an interview during a gathering ...

Bloomberg Chinese conglomerate HNA Group Co. agreed to add locally built aircraft to its fleet as part of an effort to bolster a state-owned planemaker that is developing jets to eventually compete against giants Airbus SE and Boeing Co. Signing a cooperation agreement with the Commercial Aircraft Corp. of China (Comac) Ltd., HNA said in a joint statement that it ...

Bloomberg Prime Minister Narendra Modi’s government will review plans to sell Air India after his administration’s most high-profile privatisation offer ended in a whimper with no buyers showing interest in the unprofitable flag carrier. The government will make changes to the plan, if needed, Economic Affairs Secretary Subhash Chandra Garg said. As the deadline to show preliminary interest expired on ...

Bloomberg British Airways (BA) owner IAG SA has suspended negotiations with Airbus SE over a possible deal for additional A380 superjumbos, a potential setback for the already-struggling program and Airbus’s new sales chief, according to people familiar with the matter. The carrier had been weighing an order for close to 10 of the double-deckers after Airbus managed to secure a ...

Bloomberg Rolls-Royce Holdings Plc is expecting a sharp increase in the number of Boeing Co. 787 Dreamliner planes that will have to be grounded because of faults with the engine maker’s Trent 1000 turbine. The spike will occur ahead of a deadline next month for mandated inspections forced by durability problems, Rolls said in an emailed statement. The number of ...

Bloomberg AirAsia Group Bhd. shares fell to their lowest level in six months after India said it’s investigating Chief Executive Officer Tony Fernandes and other officials for allegedly paying bribes to influence local policy. India’s Central Bureau of Investigation said that the budget airline’s executives bribed Indian officials through middlemen to sway government decisions on aviation, including obtaining a flying ...

Bloomberg Bombardier Inc. will build two new private planes in response to growing demand for large-cabin business jets. The Global 5500 and Global 6500 aircraft will come equipped with redesigned cabins, an optimised wing and all-new Rolls-Royce engines, Bombardier said in a statement. The models, which will have ranges of 5,700 and 6,600 nautical miles, respectively, will likely enter service ...

Bloomberg A new Nordic raider is about to descend on Europe’s leading airlines in the shape of a little-known carrier that’s the launch customer for Airbus SE’s latest jetliner. Primera Air, a specialist in holiday flights from Denmark run by Icelander Hrafn Thorgeirsson, aims to take delivery of the first long-range version of the A321neo narrow-body plane in October and ...