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, ...
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Boeing faces trade turbulence in China
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 ...
Read More »Bombardier sees more CRJ jet orders after Delta
Bloomberg Bombardier Inc. is building momentum to expand orders for its CRJ regional jets this year after securing a deal with Delta Air Lines, its second in two months. Delta agreed to purchase 20 of Bombardier’s CRJ900 aircraft valued at about $961 million based on list prices. The deal followed an agreement with American Airlines Group Inc. in May for ...
Read More »Boeing lands $6.6bn FedEx deal as freight demand grows
Bloomberg Boeing Co. landed a deal for 24 cargo aircraft from FedEx Corp. worth $6.6 billion as the revival in the air freight market continues to grow. The package-hauler plans to add 12 of Boeing’s medium-size 767 freighters and 12 of the larger 777 cargo aircraft to its order book, the Chicago-based planemaker said in a statement. FedEx is already ...
Read More »India calls off flag carrier sale after failed attempt
Bloomberg India has decided not to immediately revive a plan to sell its money-losing flag carrier Air India after a failed attempt to find a buyer for the state asset, people familiar with the matter said. Prime Minister Narendra Modi’s administration has virtually abandoned the planned sale of Air India Ltd. after it failed to attract any bidder in a ...
Read More »American Air to cut management jobs as merger work winds down
Bloomberg American Airlines Group Inc. will cull its management ranks as it sets a course to complete five years of work merging with US Airways. “While not all integration work is complete, much of it is and as a result, now is the right time to look at the organisational structure we need for the future,†American Chief Executive Doug ...
Read More »At $9.7 million a pop, private jets luring buyers once again
Bloomberg If anyone’s looking for further evidence of a strong economy, here’s a sign: Wealthy individuals and companies are starting to snap up used private jets before they get too expensive. Take Steven Myers. A private equity financier and a licensed pilot, Meyers had been patiently looking to buy a jet for years. But when he began noticing a drop ...
Read More »Airbus studies longer range A321 jet to head off Boeing
Bloomberg Airbus SE is studying options to extend the range of its A321 narrowbody plane ahead of a decision by Boeing Co. on whether to push ahead with a competing model, according to a person familiar with the matter. The A321, which already has a long-range variant that can fly 4,000 nautical miles, could get additional fuel tanks that would ...
Read More »Air France offers ‘rest breaks’ to defiant staff
Bloomberg After an attempt to play hard ball with defiant staff failed to end a bitter labour conflict, Air France is now trying a softer approach. The embattled carrier’s latest offer to workers: more rooms for rest breaks. At meetings with union representatives, who have called for a fresh round of strikes, management pledged to spend more to improve working ...
Read More »American partner sees more flight cancellations
Bloomberg American Airlines Group Inc. affiliate PSA Airlines expects more flight cancellations on Tuesday after scrubbing about 400 flights over the weekend as the regional carrier moves into its sixth day of problems with its crew-scheduling system. The technology issue arose on June 14 and has affected nearly 1,100 PSA flights to date, mainly in Charlotte, North Carolina, American spokeswoman ...
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