Aviation

Bloomberg Airbus SE’s revised deal with the countries that helped fund the A380 superjumbo almost two decades ago will help save the European planemaker more than $1.4 billion, according to a regulatory filing. Future obligations for refundable advances declined by about about 17 percent to an estimated $7.3 billion, Airbus said in its annual financial statements. While the balance includes ...

Bloomberg Southwest Airlines Co. is reviewing its policies on emotional support and service animals after a dog bit a young girl on the forehead aboard one of its planes. The dog was in the first row of seats against a bulkhead when the girl, about six years old, approached it after the owner had asked her to stay back, said ...

Bloomberg Pratt & Whitney succeeded in tamping down the latest crisis to threaten its $10 billion next-generation jet-engine program, with a temporary fix that will keep Airbus SE planes flying until a permanent solution is found. Pratt, a unit of United Technologies Corp., scrapped a newly introduced seal that caused engine vibrations and took almost a dozen Airbus A320neos out ...

Bloomberg British Airways owner IAG SA is following European rivals in a capacity splurge led by an expansion of its low-cost Level and Aer Lingus long-haul divisions, while going on the offensive in Europe. The shares fell as much as 3.9 percent in London, mirroring the reaction when rival Air France similarly said this month that it would charge ahead ...

Bloomberg Delta Air Lines Inc. and United Continental Holdings Inc. became the latest companies to cut ties with the National Rifle Association after a call to boycott the lobbying group became a top trend on Twitter. The online furor continued into the weekend after the NRA’s leaders attacked the media and Democrats, claiming the fallout from last week’s Florida high ...

Bloomberg Airbus SE Chief Executive Officer Tom Enders personally promised the UK government the company plans to retain its British operations “long into the future’’ in a turnaround from a staunch critic of the divorce from the European Union. Enders’s promise was made in a letter this month to Business Secretary Greg Clark, according to an official who declined to ...

Bloomberg India is planning to revise the specifications for one of the world’s biggest fighter jet orders, people familiar with the matter said, a move that would allow manufacturers such as Boeing Co. and United Aircraft Corp. to pitch their twin-engine combat aircraft. Prime Minister Narendra Modi’s government has asked the Indian Air Force if the search for fighter jets ...

Bloomberg Boeing Co.’s boss threw cold water on speculation that the aerospace giant is contemplating a major acquisition, reaffirming the company’s focus on “targeted” deals and returning cash to shareholders. CEO Dennis Muilenburg said Boeing’s top priorities are investing in its factories and jetliners while expanding shareholder returns. The planemaker has the “horsepower” to pursue deals while pouring cash into ...

Bloomberg Handing over a new aircraft is usually a celebratory affair: the customer inspects the new toy, the planemaker breathes a sigh of relief, and everyone poses with a big smile. For Airbus SE’s second-in-command Fabrice Bregier, the delivery of the first A350-1000 model came with a bitter-sweet tinge: his last day at the European manufacturing giant after being overlooked ...

Bloomberg Airline pilots, still resentful over pensions yanked away in a wave of industry bankruptcies, see growing company profits as a chance to reclaim some of those lost benefits. Unions at American Airlines Group Inc. and Delta Air Lines Inc. are studying ways to reconstitute or replace retirement plans that were scrapped or frozen during the carriers’ past financial struggles. ...