Aviation

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 ...

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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 ...

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Southwest in talks with Boeing for additional 737 Max orders

Bloomberg Southwest Airlines Co. is considering an order for “more than a handful” of Boeing Co.’s 737 Max aircraft as the nation’s largest discount carrier benefits from lower tax rates and expanding travel demand. Discussions with Boeing are ongoing, Southwest Chief Executive Officer Gary Kelly said without specifying a number for a potential order. The CEO reaffirmed that the airline ...

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UPS seen at ‘breaking point’ as pilots lament too few aircraft

Bloomberg United Parcel Service Inc. was already in trouble with Wall Street over a long-term investment plan to cope with soaring e-commerce. Now the company is clashing with its pilots union because of a short-term fix for the same challenge. Aviators are angry that UPS has turned to third-party cargo airlines to help make up for a shortage of aircraft ...

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US Air Force chief calls Lockheed F-35 upkeep costs a major concern

Bloomberg The US Air Force’s top general said the estimated cost to operate and maintain its version of Lockheed Martin Corp.’s F-35 jet is a serious issue that’s sparked a search for savings by the service and senior Pentagon acquisition and support officials. “Are O&S sustainment costs a major concern?” General David Goldfein, the Air Force chief of staff, said, ...

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Boeing, Airbus gird for new duel in small jet market

Bloomberg Embraer SA’s first new narrow-body jet is set to fly into commercial service this week to take on Bombardier Inc. But that’s just a prelude to the bigger battle emerging between heavyweights Boeing Co. and Airbus SE. At stake: possible orders from Air France-KLM, United Continental Holdings Inc., and JetBlue Airways Corp. The sales campaigns are a key test ...

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Congo airport warns to halt operations over debt

Bloomberg Aeroports du Congo, a unit of Groupe Egis of France, threatened to halt operations at three airports it manages because of debts owed by the government. The state owes the company 5 billion CFA francs ($9 million), including value-added tax refunds and landing fees, Director-General Jean-Michel Ratron said in a statement emailed from the capital, Brazzaville. The company is ...

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Now, Qantas eyes Chicago direct as next step in ultra-long-haul push

Bloomberg Qantas Airways Ltd. is evaluating direct flights from Australia to Chicago as the next step in its plan to add more ultra-long-haul destinations using an expanding fleet of Boeing Co. 787 jetliners. Fresh from launching the first-ever direct passenger service to Europe—linking Perth with London’s Heathrow hub—Qantas will turn its attention to the US with the next batch of ...

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Boeing says cyberattack not affected production

Bloomberg Boeing Co. said it was hit by a cyberattack, following a Seattle Times report that some manufacturing equipment used to build its 787 Dreamliner and newest 777 wide-body jets could be crippled. Aircraft production and deliveries aren’t affected, the Chicago-based planemaker said. Some reports on the attack “are overstated and inaccurate,” said Linda Mills, a spokeswoman at Boeing’s commercial ...

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India to sell 76% stake in Air India; new owners to get jets, $5bn of debt

Bloomberg India is selling a controlling stake in its flagship carrier along with two-thirds of the loss-making airline’s about $7.8 billion debt, as Prime Minister Narendra Modi moves ahead with the nation’s most high profile asset sale in decades. The government will sell 76 percent of Air India Ltd., according to a document uploaded on the civil aviation ministry’s website ...

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