Aviation

Southwest plans more NYC, Washington flights as Alaska Air retreats

Bloomberg Southwest Airlines Co. plans to expand service from New York City and Washington this year after completing a deal to lease slots from Alaska Air Group Inc. at maxed out airports. Southwest will be able to add six round-trip flights at New York’s LaGuardia Airport and four at Ronald Reagan Washington National Airport. The 10-year lease begins in October ...

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United CEO skips bonus, chairman to step aside

Bloomberg United Continental Holdings Inc.’s top executive is giving up his bonus and its chairman is stepping aside. Chief Executive Officer Oscar Munoz asked the board not to award him the payout for 2017, the airline said in a regulatory filing. Chairman Robert Milton, a former Air Canada CEO, will be replaced with another independent board chief. Laurence Simmons, a ...

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Sheer fright seen as lawsuit claim for Southwest survivors

Bloomberg After the crash come the claims. Being on an airplane more than six miles in the air when an engine blows up and sends shrapnel through a window is an experience so scary that aviation lawyers say it’s not just the family of the woman killed on a Southwest Airlines Co. flight this week who could have a case. ...

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Korean Air chairman fires two daughters over rage incidents

Bloomberg Add Hanjin Group’s Korean Air Lines Co. to the country’s family-run conglomerates that are seeing the founding clan’s representation diluted. This time, Hanjin Chairman Cho Yang-ho pushed out his youngest daughter after allegations she threw water in the face of an advertising agency worker during a business meeting. For good measure, he also fired his eldest daughter who four ...

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Air Arabia tickets up for grabs at City Centre Sharjah, Ajman

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 ...

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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 ...

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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 ...

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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 ...

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