Dubai / Emirates Business Majid Al Futtaim—the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia—is giving shoppers a chance to win their dream vacation this year with free Air Arabia tickets as part of the ‘For the Love of Travel’ initiative at City Centre Sharjah and City Centre Ajman until April 30. If ...
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FAA orders emergency engine checks after Southwest fatality
Bloomberg US aviation regulators ordered emergency inspections of one of the world’s most popular jet engines after the fatal accident this week on a Southwest Airlines Co. plane. The Federal Aviation Administration (FAA) order covers an estimated 352 CFM International Inc. engines in the US that have made at least 30,000 flights, the agency said in a statement. The emergency ...
Read More »Honeywell CEO proves Loeb wrong as aerospace boosts profit
Bloomberg Honeywell International Inc.’s confidence in its aerospace business was bolstered by expanding sales of in-flight internet and cockpit controls that drove first-quarter earnings higher than analysts’ expected. The company raised its 2018 profit target. A drag on earnings as recently as last year, the aerospace business is taking off on higher demand for commercial aircraft parts and service, increased ...
Read More »Southwest’s white-knuckle ride in focus as NTSB probes engine
Bloomberg Passengers aboard a crippled Southwest Airlines Co. jetliner endured a tense, bumpy, 22-minute ride after an engine failed and hurled a hail of shrapnel that blew out a window, causing the death of a woman. The plane banked hard to the left by 41 degrees moments after the engine shutdown and its smooth exterior tore loose, dramatically increasing wind ...
Read More »Sudan Airways may cut 80% of its staff: Minister
Bloomberg Sudan Airways, the national carrier that’s cut almost all flights, may fire 80 percent of staff as it awaits benefits from the lifting of two-decade-old US sanctions, a state minister for transport said. The airline will probably dismiss 1,200 of its 1,500 employees as it tries to overcome difficulties in international banking transactions and importing vital spare parts, according ...
Read More »Airports are using ‘smart glass’ to make you spend more money
Bloomberg There are many depictions of a future in which we’ve mastered the art of manipulating the opacity of glass. Even in real life, sunglasses can adapt to the intensity of sunlight. So why, one might ask, can’t we have that in our homes, or at work? The wait may soon be over. The tinted world of tomorrow is coming, ...
Read More »Southwest jet engine explosion bears metal weakness signs: US
Bloomberg Southwest Airlines Co. is stepping up inspections on its jet fleet after investigators said they discovered evidence of metal fatigue on an engine that exploded on April 17, sending shrapnel into the plane and killing a passenger seated near a window. The woman was partly sucked out of the plane carrying 149 people as it flew about 32,500 feet ...
Read More »United Airlines rallies as pricing-power gains ease growth fears
Bloomberg United Continental Holdings Inc. is pushing ahead with its aggressive growth plan as robust demand enables the airline to boost fares even as it expands the seat supply. Revenue for each seat flown a mile, a proxy for pricing power, will rise 1 percent to 3 percent in the second quarter, the No. 3 US carrier said in a ...
Read More »Mexico’s richest man Slim defends $13 billion airport
Bloomberg Mexico’s richest man is rushing to the defense of a $13 billion airport project that’s under fire from the front-runner in the nation’s presidential campaign. The new hub for Mexico City will set off an economic boom for the capital, said Carlos Slim, whose construction company has won airport building contracts and whose son-in-law helped design the terminal with ...
Read More »Spirit Airlines mulls adding small jets to all-Airbus fleet to further business
Bloomberg Spirit Airlines Inc. is considering adding smaller planes to its fleet of Airbus SE jets as the carrier looks for ways to expand its service. The ultradiscounter expects to seek proposals from planemakers “shortly,†having completed an evaluation of the options, Chief Commercial Officer Matt Klein said. He declined to say when the airline might make an order. Adding ...
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