Aviation

Bloomberg For a brief moment these past weeks, it appeared that France’s once-mighty unions had lost their clout. Rail workers, once synonymous with crippling strikes, staged a walkout that went largely unnoticed as travellers shrugged, turning to buses and ride-sharing instead. But over at Air France, that well-oiled worker conflict played out in a decidedly more retro fashion. On May ...

Bloomberg Bombardier Inc.’s drive to bolster its cash reserves is getting a lift from the booming real-estate market in Canada’s biggest city. The maker of planes and trains agreed to sell its Downsview factory in Toronto to Canada’s Public Sector Pension Investment Board for about $635 million. The transaction is expected to close in the second quarter, increasing cash by ...

Bloomberg The White House released a blistering statement attacking China’s government for a recent demand that US and other airlines change the way they refer to Taiwan, Hong Kong and Macau in promotional materials. “This is Orwellian nonsense and part of a growing trend by the Chinese Communist Party to impose its political views on American citizens and private companies,’’ ...

Bloomberg American Airlines Group Inc. is cutting ties with two regional affiliates as it seeks to simplify its short-distance operations. The world’s largest carrier won’t renew contracts with ExpressJet and Trans States when they expire in 2019, according to a memo to reservations agents. Their flights will be shifted to other airlines and shouldn’t affect customers, the memo said. The ...

Bloomberg A Southwest Airlines Co. jetliner made an unscheduled landing after a window cracked, two weeks after an accident on a separate plane in which a passenger was partially sucked out of a destroyed window and died. Flight 957 from Chicago-Midway to Newark, New Jersey, didn’t lose cabin pressure as it diverted to Cleveland, Southwest said in a statement. An ...

Bloomberg Construction lights were so bright they were confusing to pilots who tried to land at night in July 2017 when a fatigued Air Canada crew almost struck four aircraft on the ground in San Francisco, according to preliminary reports. The National Transportation Safety Board (NTSB) released more than 500 pages of investigative reports, including a video recording of the ...

Bloomberg India’s market regulator is examining the cause for the worst drop in seven months in InterGlobe Aviation Ltd.’s shares before the operator of the nation’s largest airline announced the resignation of its president, according to people with knowledge of the matter. The Securities and Exchange Board of India is investigating a 6.1 percent tumble in the stock on April ...

Bloomberg Norwegian Air Shuttle ASA is entering the critical summer travel season with a bet that jet fuel prices will recede from 3 1/2-year highs — a position that risks weakening Chief Executive Officer Bjorn Kjos’s hand as he negotiates a potential buyout by the owner of British Airways. The Oslo-based low-cost airline, known for offering $99 flights between Europe ...

Bloomberg President Donald Trump praised crew members and passengers of a Southwest Airlines flight for their handling of an emergency landing two weeks ago after an engine exploded. Trump met in the Oval Office with five crew members and five passengers from Flight 1380, saying that they were “some incredible people.” The visit, arranged after the White House contacted the ...

Bloomberg Boeing Co. is acquiring KLX Inc. for $4.25 billion in an all-cash transaction that includes $1 billion of net debt, as the world’s largest planemaker bolsters a fast-growing new division that offers maintenance, spare parts and other services to airlines. The aircraft maker will pay $63 per share for the purchase that includes KLX’s Aerospace Solutions Group and the ...