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 ...
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Norwegian Air CEO Kjos rejects British Airways owner’s advance
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 ...
Read More »Air China flight diverted after midair ruckus
BEIJING / Reuters An Air China flight bound for Beijing made an unscheduled landing in the central Chinese city of Zhengzhou on Sunday after a passenger threatened a flight attendant with a fountain pen, the country’s civil aviation authority said. In a brief statement on its website, the Civil Aviation Administration of China said a male passenger on Air China ...
Read More »Gamble to sell Air India hits turbulence in test for Modi
Bloomberg A plan to sell off India’s flagship airline is facing headwinds before it even gets started. Narendra Modi’s boldest asset sale yet is the proposed divestment of Air India, the nation’s money-losing flag carrier, has run into rough weather after some of the potential bidders opted out upset with the government’s terms. This setback, however, is the least of ...
Read More »Hundreds of flights disrupted as spring storm hits US Midwest
Bloomberg Hundreds of flights were disrupted Saturday as a severe spring storm threatened to dump record snowfall on parts of the Midwestern US, while ice and freezing rain hit Canada’s Ontario province. Minneapolis-St. Paul International Airport, a regional hub for Delta Air Lines, has had to slow or halt aircraft throughout the day, contributing to about 350 cancelled flights, according ...
Read More »Boeing joins the fray in race for world’s biggest fighter jet deal
Bloomberg Boeing Co. proposed to build fighter jets in India along with two local firms, as the US giant prepares to bid for the world’s biggest combat aircraft order, joining the likes of Lockheed Martin Corp. and Saab AB. Boeing will partner state-run Hindustan Aeronautics Ltd. and Mahindra Defense Systems to manufacture the F/A-18 Super Hornet in India at a ...
Read More »Rolls-Royce, airlines grapple with more Dreamliner engine issues
LONDON / Reuters Rolls-Royce requires more money and more inspections to fix problems with Trent 1000 engines on Boeing 787 Dreamliner planes, leading to further disruption for airlines and testing relations between Rolls and its customers. Problems with engine turbine blades wearing out sooner than expected have hampered a restructuring programme prompted by the engineering company’s declining older engine programmes ...
Read More »Emirates to exercise Airbus A380 options ‘sooner rather than later’
HAMBURG / Reuters Emirates will commit to purchasing options for 16 Airbus A380 jets from a previously announced $16 billion order that handed a lifeline to the slow-selling jet, the airline’s president said. The Middle East airline placed a provisional order for 20 of the double-decker superjumbos in January, which it has since finalised, with an option for 16 more. ...
Read More »Air Arabia Egypt starts Sohag-Kuwait route
Egypt / Emirates Business As part of its route expansion strategy, Air Arabia Egypt launched a new route linking Sohag in Egypt to Kuwait. The new flights operate three times a week, on Tuesdays, Wednesdays and Thursdays, departing from Sohag International Airport (HMB) at 2340 hours and arriving in Kuwait International Airport (KWI) at 0305 hours the following day. The ...
Read More »EasyJet, Air France, Cerberus approach to takeover Alitalia
Bloomberg EasyJet Plc, Air France-KLM Group and Cerberus Capital Management have made a joint approach to the Italian airline Alitalia SpA about a possible takeover, said a person familiar with the matter, betting the unprofitable carrier will provide a gateway to expansion in the Mediterranean market. EasyJet, Europe’s second-biggest low-cost airline, said it has submitted a “revised expression of interest ...
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