Aviation

India’s Jet Airways taps diaspora with new route

Bloomberg Jet Airways India Ltd. will offer the first ever direct flights from Mumbai to northern England with services to Manchester starting in November. The carrier will initially connect the cities four times a week using 254-seat Airbus SE A330-200s, with a daily service planned with the start of next year’s summer schedule in March, it said. Jet currently serves ...

Read More »

South African seeks urgent funding after latest loss

Bloomberg South African Airways said executives will meet National Treasury officials every two weeks to address urgent funding needs after the embattled national airline reported a seventh consecutive year of losses — and the worst since 2015. The carrier’s precarious balance sheet is among the most urgent tasks on the to-do list of Finance Minister Nhlanhla Nene, who is already ...

Read More »

JetBlue names new president, CEO shifts to ‘strategy’

Bloomberg JetBlue Airways Corp. is promoting Joanna Geraghty to president, tasking her with running day-to-day operations while freeing up Chief Executive Officer Robin Hayes to focus on long-term planning. Geraghty, 45, will also oversee the airline’s commercial team, JetBlue said in a statement. Hayes, 51, will manage efforts to improve profit margins and the company’s expansion into related travel and ...

Read More »

Southwest sends its engine fan blades to GE for further inspection

Bloomberg Southwest Airlines Co. said it has sent some aircraft-engine fan blades to the manufacturer for inspection, though the carrier’s own review found no faults like the one that caused a blade to crack in flight, leading to a passenger’s death last month. The carrier completed inspection on 35,500 blades, Chief Executive Officer Gary Kelly said at the airline’s annual ...

Read More »

Boeing trade-case win prompts new Trump threat of EU sanctions

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 ...

Read More »

EasyJet CEO puts stamp on airline, but rules out Norwegian bid

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 ...

Read More »

Cheapest airfare to New York from Delhi is via Iceland

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 ...

Read More »

Drone takedown authority to be granted under Senate proposal

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 ...

Read More »

Ethiopian Air seeks to dominate Africa with new carriers, jet deal

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, ...

Read More »

Air France-KLM names interim CEO to end strikes

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 ...

Read More »
Send this to a friend