Aviation

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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, ...

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 ...

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 ...