Aviation

Vistara shelves plan to fly to US on 787 delivery delays

  Bloomberg Singapore Airlines Ltd.’s Indian venture has shelved plans to start direct flights to the US following disruptions in the deliveries of Boeing Co.’s 787 Dreamliner aircraft. “We were discussing US at one stage,” Vistara Chief Executive Officer Vinod Kannan said at a virtual press meet. “We have had to put that on hold after the fact that 787s ...

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Virgin Australia plans to interview bankers for 2023 IPO in February

  Bloomberg Virgin Australia Holdings Pty Ltd. plans to interview lead underwriters starting in February for a return to public markets as soon as this year, according to people familiar with the matter. Australia’s second-largest airline and its owner Bain Capital will interview banks from the end of next week for joint lead manager roles assisting the company to list ...

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Rocket Lab launches for first time from new Virginia facility

Bloomberg Rocket Lab USA Inc. launched its first rocket to space from the Virginia coast. At 6 pm local time, an Electron rocket took off from the company’s new launchpad, located on Wallops Island, Virginia, carrying a trio of small satellites to orbit. Rocket Lab, based in Long Beach, California, is mainly focused on launching small satellites. It has conducted ...

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Airbus seeks outside investors for Zephyr high-altitude drone

  Bloomberg Airbus SE is seeking outside investment for its high altitude solar-powered drone program called Zephyr in order to accelerate the commercialisation of the technology. The planemaker has hired Morgan Stanley to lead to the process of finding investors, a spokesman said in an email. Airbus will continue to own a stake in the unit, which will be renamed ...

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Boeing lobbyist’s DC clout may bring back Max sales to China

  Bloomberg Boeing Co.’s rainmaker in Washington, a former auto lobbyist who goes by the nickname “Z,” is restoring some of the swagger that once made the aerospace giant a force on Capitol Hill. A badly needed legislative victory in late December let Boeing continue plans for its cash-cow 737 Max over the protests of family members of victims of ...

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SpaceX conducts dress rehearsal for Starship rocket system

Bloomberg SpaceX filled its Starship rocket and massive booster with extremely cold propellant for the first time stacked together, a crucial test of its new deep-space launch system ahead of its first orbital launch attempt. The procedure, conducted at the company’s Starbase facility in Boca Chica, Texas, is known as a wet dress rehearsal and is meant to run through ...

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Lufthansa eyes stake in Italy’s ITA

  Bloomberg Deutsche Lufthansa AG said it aims to buy a minority stake in ITA Airways, seeking to advance an industry consolidation that would give the German airline a stronger foothold in a major European aviation market. The German carrier didn’t disclose financial details, or lay out the size of the stake it wishes to buy in the successor of ...

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Qantas back in spotlight after flurry of mechanical issues

  Bloomberg Qantas Airways Ltd, the airline whose stellar safety record was made famous by Hollywood, is back in the spotlight after a flurry of mechanical malfunctions. The Australian airline has been hit by a spate of in-flight issues since the middle of last week, starting with a mayday alert and engine shutdown on a plane from Auckland to Sydney. ...

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Amazon beginning air freight services in India

  Bloomberg Amazon.com Inc is beginning air freight services in India, expanding in Asia even as global online sales growth stalls following a pandemic-era boom. The e-commerce retail giant will use cargo capacity in a Boeing 737-800 aircraft operated by partner Quikjet Cargo Airlines Pvt to begin shipments in Hyderabad, Bangalore, New Delhi and Mumbai, said Akhil Saxena, a vice ...

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Fog forces flight cancellations at London’s Heathrow airport

  Bloomberg London’s Heathrow airport was forced to cancel some departures on Monday amid thick fog and freezing temperatures. There may be “minor changes” to schedule as a result of poor visibility at the airport as well as across the southeast of England, a Heathrow spokesperson said. Airlines are working to rebook passengers on alternative services later in the day, ...

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