Aviation

JetBlue extends bet on balky Pratt engine with $2bn deal

Bloomberg JetBlue Airways Corp. reaffirmed its faith in Pratt & Whitney’s troubled jet engine with an order for another 97 to power new Airbus SE planes. The airline will take a total of 183 geared turbofan power plants, increasing an earlier decision to buy 86 engines for its A320neo family of aircraft, JetBlue said. While the carrier didn’t disclose the ...

Read More »

Delhi airport among top 20 busiest, JFK booted out

Bloomberg New York’s John F. Kennedy International Airport is no longer ranked among the 20 busiest in the world, thanks to the rush in Asia. Among those pushing out JFK was New Delhi’s Indira Gandhi International Airport that made its debut on the table last year at No. 16, according to Airports Council International rankings released on Monday. The Indian ...

Read More »

France expects combat jet announcement at Berlin Air show

Reuters France expects to take a “first significant step” in the development of a new European fighter jet with Germany later this month, Defence Minister Florence Parly said in remarks. Paris and Berlin first unveiled plans to develop the new warplane in July, two months after President Emmanuel Macron’s election win, burying past industrial rivalries to tighten defence and security. ...

Read More »

India seeks $15 billion fighter jets in world’s largest deal

Agencies India asked global companies to submit proposals for 110 fighter jets, the world’s biggest such order currently. The Indian Air Force sought requests for information for the supply of single- and twin-seat jets to be mostly manufactured locally, it said in a statement on its website. The Asian nation had earlier scrapped a deal to buy 126 fighter jets ...

Read More »

Delta: Data of ‘several hundred thousand’ customers exposed

Bloomberg Delta Air Lines Inc. said a cyber attack on a contractor potentially exposed the payment information of its “several hundred thousand customers.” A data breach from September 26 to October 12 at a company called [24]7.ai allowed unauthorised access to customers’ names, address, payment-card information, CVV numbers and expiration dates, Delta said in a statement. The vendor, which provides ...

Read More »

Boeing weighs retrofitting 777 jets to bolster freight service

Bloomberg Boeing Co. is considering whether to convert used 777 passenger jets into freighters, seeking to capitalise as booming e-commerce sales spur new demand for air freight worldwide, people familiar with the matter said. While Boeing has studied retrofitting the used wide-bodies for more than a decade, the effort has taken on new life in recent months as air cargo ...

Read More »

Boeing tops Airbus with $12.3bn American deal for 787 Dreamliners

Bloomberg American Airlines Group Inc. ordered 47 Boeing Co. 787 Dreamliners for long-range flying, expanding its fleet of the advanced carbon-composite jetliners and dealing a blow to Airbus SE’s ambitions to expand its wide-body aircraft sales in the US. In a related move, American cancelled an order for 22 of Airbus’s twin-aisle A350 jets, a purchase placed by predecessor carrier ...

Read More »

Air India’s potential suitor drops out even before sale begins

Bloomberg IndiGo, the only airline to have publicly shown interest in buying parts of Air India Ltd., said it’s no longer keen on the state asset, dealing a blow to Prime Minister Narendra Modi’s most high-profile privatisation plan. India’s biggest airline, operated by InterGlobe Aviation Ltd., said it doesn’t have the wherewithal to acquire Air India in its entirety and ...

Read More »

Gulfstream luxury jets, old Boeing 737s in China’s tariff sights

Bloomberg China’s proposed aircraft tariffs take aim at Boeing Co.’s main source of profit, the 737 jetliner family, while exempting a popular upgraded model needed to fuel the rapid growth of the country’s airlines. Boeing’s best-selling plane, the 737 Max 8, would narrowly escape the retaliatory measure, based on the weight limits outlined by the Chinese government, Douglas Harned, an ...

Read More »

Trump-Xi tariff war hits Boeing, spurs Airbus to cruise ahead

Bloomberg Boeing Co., the biggest US exporter, suffered a setback in China after the country proposed an additional 25 percent tariff on US aircraft in a retaliatory move, giving rival Airbus SE a leg-up in a market set to the become the world’s biggest. In a tit-for-tat response to tariffs by President Donald Trump, China announced the planned levy on ...

Read More »
Send this to a friend