Aviation

Bloomberg London’s Heathrow airport is putting the champagne on ice in anticipation of final approval for the new runway it’s been seeking for decades after a poll showed the plan has the overwhelming backing of lawmakers. The company survey suggests the 16 billion-pound ($22 billion) project is supported by 75 percent of parliamentarians, Chief Executive Officer John Holland-Kaye said on ...

Bloomberg US carriers sank after American Airlines Group Inc. trimmed its profit forecast and Southwest Airlines Co. said ticket sales had slowed after its first passenger fatality. A jump in fuel prices over the last two weeks prompted American to cut its expected earnings for this year because “it takes time to adapt,” Chief Executive Officer Doug Parker said. Southwest ...

Bloomberg Malaysia Airports Holdings Bhd. plans to double Kuala Lumpur International Airport’s capacity as it seeks a bigger slice of the 2.1 billion more passengers expected in Asia Pacific in the next two decades. The company is looking to raise the capacity to 150 million, from the current 75 million, in the next 10 to 20 years, Raja Azmi Raja ...

Bloomberg Norwegian Air Shuttle ASA said it has attracted interest from other potential suitors since the revelation that British Airways parent IAG SA may bid for the company. Norwegian received several inquiries after IAG disclosed that it was building a stake and might make a formal offer, it said, sending the stock 16 percent higher. Chief Executive Officer Bjorn Kjos ...

Bloomberg Airbus SE plans to cap its takeover of the Bombardier Inc. C Series jetliner by scrapping the Canadian plane’s 14-year-old branding, people familiar with the plan said. Among the names under consideration for a plane in which Bombardier invested more than $6 billion is “A200,” according to the people, who asked not to be identified as no decision has ...

Bloomberg JetBlue Airways Corp. will reduce flights out of Long Beach by more than a third, after the California city blocked the carrier’s plans to add international flights, leaving a hole in its network from southern California. Daily departures from Long Beach will drop to 23 from 35 starting from September 5, JetBlue said in a statement. The move is ...

Bloomberg InterGlobe Aviation Ltd.’s billionaire director Rahul Bhatia has taken over as interim chief executive officer after its president and director Aditya Ghosh unexpectedly resigned before a board meeting, the operator of India’s biggest airline said in an exchange filing. Ghosh is leaving at a time when the airline is changing some of its most successful policies such as moving ...

Bloomberg Airbus SE Chief Executive Officer Tom Enders sketched out the company’s plans for the next generation of European fighter aircraft and warned that Brexit means the UK could miss out on future production. Airbus’s German operation is working with French warplane specialist Dassault Aviation SA on a fighter platform involving a range of aerial products, including drones and “swarms” ...

Bloomberg South African Airways appealed to the government for 5 billion rand ($404 million) to cover immediate costs and warned that it may be unable to make debt repayments next year as the state carrier battles to stay in operation. Chief Executive Officer Vuyani Jarana is at the early stage of a turnaround plan designed to return the carrier to ...

Bloomberg Rolls-Royce Holdings Plc is in talks with Aero Engine Corporation of China on a possible partnership that would see the companies jointly supply engines for a new wide-body aircraft planned by China and Russia, according to people familiar with the matter. The two companies met earlier this year on whether to cooperate on the turbine for the CR929 wide-body, ...