Aviation

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 ...

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 ...

SINGAPORE / Reuters Singapore state investor Temasek Holdings has expressed interest in buying into Chinese conglomerate HNA’s Hong Kong-based carriers, Hong Kong Airlines and Hong Kong Express Airways, according to a source familiar with the matter. However, an investment in the unlisted Hong Kong carriers by Temasek remains subject to a due diligence process that has yet to begin, said ...

FRANKFURT / Reuters France’s Dassault Aviation aims to take the lead on the development of a new European fighter jet, its chief executive told a German magazine. “Experience has shown, if you want a defence project to be successful it needs someone to be responsible, a leader,” German weekly WirtschaftsWoche quoted Eric Trappier as saying in an interview. France and ...

DUBAI / Emirates Business Airbus will intensively contribute to the next steps in finding a global standard for mission-critical multimedia group communication. After the 3rd Generation Partnership Project’s (3GPP) completion of release 14 of secure multimedia group communication in December 2017, Airbus and its partners within 3GPP are now working on release 15 and 16 by the end of 2019. ...

Bloomberg Boeing Co. 787 Dreamliner planes equipped with a batch of potentially faulty Rolls-Royce Holdings engines face restrictions on how far they can fly following a ruling by the US Federal Aviation Administration (FAA). The measure, which Boeing has said affects about a quarter of in-service 787s, restricts the planes from operating more than 140 minutes from a diversionary airport, ...

Bloomberg The parent of Allegiant Airlines dropped following a “60 Minutes” segment detailing a high number of what the programme called “midair breakdowns” at the budget carrier. “Public documents show an alarming number of aborted takeoffs, cabin-pressure loss, emergency descents and unscheduled landings,” according to a report the CBS programme. The segment included interviews with shaken passengers and prominently featured ...

Bloomberg Bombardier Inc. is extending the range of its marquee business jet to 7,700 nautical miles, unseating the Gulfstream G650 as the long-distance champ of the private-aircraft industry. The 300-mile improvement for the Global 7000 means the plane will be able to whisk passengers from New York to Hong Kong, or Singapore to San Francisco, Bombardier said in a statement. ...

SHANGHAI / Reuters China’s planned tariffs on US business jets may do little to buoy rivals despite concerns the moves could create an unequal playing field in the fast-growing China market, aviation executives said in Shanghai. China announced retaliatory tariffs against key US imports, among which is a proposed 25 percent tariff on US aircraft with an “empty weight” of ...

Bloomberg Norwegian Air Shuttle ASA CEO and co-founder Bjorn Kjos said the discount carrier being pursued by rival IAG SA isn’t for sale, reiterating a stance long held by the former fighter pilot who has a 27 percent stake. “I haven’t thought about selling at all” even though many companies have shown interest in acquiring Norwegian Air, Kjos said. Having ...