Aviation

Bloomberg Boeing Co. is deepening its intrusion on suppliers’ turf by teaming up with France’s Safran SA to design and build auxiliary power units, the compact turbines tucked below a jetliner’s tail that are used to start its main engines and provide power on the ground. The 50-50 partnership will be based in the US, the companies said in a ...

Bloomberg Australian Foreign Minister Julie Bishop says companies should be able to operate free from pressure from foreign governments after Qantas Airways Ltd. bowed to demands that it refer to Taiwan as being part of mainland China. Australia’s flagship carrier is one of 44 airlines asked by the Civil Aviation Administration of China to modify how they refer to Taiwan ...

Bloomberg Air China is to resume regular flights between Beijing and Pyongyang after a six-month hiatus, in the latest sign that the “ maximum pressure” campaign on North Korea may be easing. China’s flagship carrier will resume services on Wednesday after halting them in November, a spokesman for the company confirmed in a WeChat message. The resumption is a market-oriented ...

Bloomberg Two of Airbus SE’s flagship A380 superjumbos are headed for the scrapheap after a search for new operators failed to secure firm bids. Negotiations with British Airways, Iran Air and Hi Fly, a Portuguese charter specialist, ended with no deals struck, German investment fund Dr. Peters, which manages the planes, said in a statement to shareholders. The double-decker jets, ...

Bloomberg China Aircraft Leasing Group Holdings Ltd. is in talks with Airbus SE and Boeing Co. to order as many as 200 planes as the state-backed lessor seeks to meet surging demand from Asian carriers. The company is looking at single-aisle and wide-body jets from the planemakers, with the bigger aircraft slated to account for 20 percent of the order, ...

Bloomberg Qantas Airways Ltd. will place an order for ultra long-range planes from Airbus SE or Boeing Co. next year, starting the clock for the two manufacturers to win over the airline. The planes, which must be able to fly from Sydney to London or New York without a break with a full payload, will be delivered in 2022, Chief ...

Bloomberg Japan Airlines Co. has decided to go head-first into the home turf of Asia’s largest low-fare carrier. The Japanese operator, which is starting its own budget carrier next month, will begin flying to Southeast Asia initially, Masaru Onishi, a director at Japan Airlines, said in an interview in Sydney. The new company will be able to lower per-seat costs ...

Bloomberg The International Air Transport Association (IATA) cut its profit target for the global aviation market this year, predicting lower returns than six months ago as rising fuel prices and labour costs eat into the industry. Net income for 2018 is likely to total $33.8 billion, 12 percent lower than a December forecast for $38.4 billion, the industry’s main trade ...

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 ...