Aviation

Bloomberg The US threatened to impose sanctions against the European Union after the World Trade Organization ruled that Airbus SE received illegal government funding to develop jetliners, costing Boeing Co. sales. The final decision affirmed a 2016 finding that the EU had failed to eliminate unfair subsidies for two Airbus twin-aisle models, ending a long-running trade case. The international court ...

Bloomberg EasyJet Plc said it wants to expand its holiday-tour unit and attract more business travelers as new Chief Executive Officer Johan Lundgren moves the airline beyond an increasingly competitive discount market. Lundgren named five top managers, led by the appointment of Garry Wilson from TUI AG to head the holiday arm, which will become a focus for investment along ...

Bloomberg For millions of Indians flying West every year, there’s a new airline in town. And, it’s ultra-cheap. Iceland’s trans-Atlantic carrier Wow Air Ehf, which offers low-cost flights via its hub in Reykjavik, is entering India with tickets to the US at $199 starting from December 7. That would be the first no-frills option to passengers travelling from the South ...

Bloomberg Security and law enforcement agencies would be given new authority to monitor and take down threatening drones under bipartisan legislation proposed by a group of US Senators. A bill introduced by top members of the Senate Homeland Security and Governmental Affairs Committee would also direct the Department of Homeland Security to study drone technology and the emerging threats it ...

Bloomberg Ethiopian Airlines Enterprise plans to establish half a dozen international offshoots before the end of the year as Africa’s biggest carrier steps up efforts to dominate markets across the continent. Ethiopian will take equity stakes in new operators in Zambia, Chad, Mozambique and Gambia while helping to manage existing carriers in Equatorial Guinea and the Democratic Republic of Congo, ...

Bloomberg Air France-KLM named finance chief Frederic Gagey as interim CEO to replace Jean-Marc Janaillac, who quit after failing to end a series of strikes that have roiled the airline’s French arm since February. Board member and a former deputy French minister Anne-Marie Couderc will become interim non-executive chairman, according to a statement. The carrier is setting up a three-member ...

Bloomberg A cockpit windshield on a Sichuan Airlines jet shattered while the plane was cruising at 32,000 feet, a rare incident that hurt the co-pilot and forced an emergency landing of the Airbus SE plane in southwestern China. The Civil Aviation Administration of China is investigating the Monday incident and will focus on the design and manufacturing of the windshield, ...

Bloomberg Airbus SE Chief Financial Officer Harald Wilhelm will follow Chief Executive Officer Tom Enders out the door in April, deepening a shakeup of senior management as the European planemaker grapples with the future of the A380 superjumbo and a long-running bribery investigation. Wilhelm, 52, decided “in agreement with the board of directors” that he will leave in April after ...

Bloomberg Asia, where more than a dozen new low-fare carriers started in the past two decades, got a new entrant in Japan Airlines Co. Japan’s second-largest carrier is deepening its bet in the market for frills-free air travel by setting up a carrier in July for medium-to-long-haul international flights from Narita International Airport, which serves Tokyo. The yet-to-be named carrier ...

Bloomberg Ethiopian Airlines Enterprise will start serving Manchester in northern England from December, adding a second UK destination months before Britain is due to quit the European Union and 45 years after the carrier began flying to London Heathrow. The service from Addis Ababa will operate four times weekly using a Boeing Co. 787 Dreamliner jet in a two-class layout, ...