Aviation

Bloomberg Airlines in the Philippines are under pressure to raise ticket prices to offset rising fuel costs and the peso’s plunge to an almost 12-year low, risking lower demand from travelers also hurt by the currency’s decline. “We will have to adjust prices accordingly,” said Lance Gokongwei, president of Cebu Air Inc., which owns the nation’s largest budget carrier. Cebu ...

Bloomberg United Continental Holdings Inc.’s board named former Federal Aviation Administration (FAA) boss Jane Garvey to be chairman, as the carrier works to improve operations and close a profit gap with rivals. Garvey succeeds Robert Milton, a former Air Canada chief executive officer who led United’s board for two years and announced plans last month to step down. Garvey, who ...

Bloomberg Delta Air Lines Inc.’s planes and airport operations will soon be awash in shades of purple, red, gray and pink as the company joins an industry rush to refresh employee attire. All 60,000 uniformed workers will switch May 29 to the new outfits, which include flight-attendant clothing designed by Zac Posen and made by Lands’ End Inc., Delta said ...

Bloomberg Boeing Co. has dispatched a prominent executive to help Rolls-Royce Holdings Plc work through escalating engine problems that have grounded dozens of 787 Dreamliners. Keith Leverkuhn is serving as Boeing’s eyes and ears at Rolls factories in Singapore and Derby, England, where the Trent 1000 engine is manufactured and being repaired. Leverkuhn, an engineer with expertise in propulsion, is ...

Bloomberg US regulators say they will ease the glide path for next-generation supersonic jets. The Federal Aviation Administration is crafting a regulation “to accommodate noise certification of new supersonic aircraft,” the agency said in a post on a White House website. Lockheed Martin Corp. last month won a $247.5 million contract from NASA to develop a quieter supersonic aircraft. Aerion ...

Bloomberg United Continental Holdings Inc. directors face a series of momentous decisions as the board gathers this week at the airline’s Chicago headquarters. The to-do list ranges from naming a new chairman to initiating a search for a new chief financial officer. There’s also the debate about long-range planes that will make up the company’s future fleet. The deliberations will ...

Bloomberg The search for Malaysia Airlines Flight 370 is in peril once again as new Prime Minister Mahathir Mohamad reins in government spending. After several extensions of what began as a three-month “no cure, no fee” contract signed by US exploration company Ocean Infinity in January, the government has given extra time until May 29 to wrap up the search ...

Bloomberg The price of jet fuel is surging, but so far the airline industry has been so competitive that carriers haven’t been able to pass on much of the cost to consumers. That means investors are bracing for lower profit margins as travellers take advantage of cheap flights. An abundance of seats in the domestic market means airlines have limited ...

Bloomberg Airbus SE may end up with a significant new customer as Ryanair Holdings Plc looks to beef up a newly acquired unit that uses planes from the European manufacturer. Ryanair, which previously operated only Boeing Co. aircraft, will expand the fleet at Austria’s LaudaMotion to as many as 50 Airbus A320s over four years and the narrow-body model could ...

Bloomberg US regulators have approved a Buck Rogers makeover of Boeing Co.’s revamped 777 jetliner that will allow the tips of its massive wings to fold upward after landing so the plane can park at existing airport gates. The new wings, the largest ever created by the Chicago-based planemaker, are taking shape as Boeing builds the first of its 777X ...