Bloomberg Two days before Norwegian Air Shuttle ASA discloses its results for 2017, Chief Executive Officer Bjorn Kjos has called the year “a mess†for the carrier after it was hit by plane and pilot shortages at the height of summer. Norwegian was forced to ground more than 10 Boeing Co. 737 Max jets due to engine snags, delaying operations ...
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Tycoons team up for $6.7 billion upgrade of aging Manila airport
Bloomberg Seven Philippine conglomerates, including those led by billionaires John Gokongwei and Lucio Tan, submitted a proposal to modernise and expand the capital’s 70-year-old airport in a plan that will potentially triple capacity and help ease congestion. Ventures of Aboitiz Equity Ventures Inc., Ayala Corp., LT Group Inc. along with Alliance Global Group Inc., Filinvest Development Corp., JG Summit Holdings ...
Read More »Greece’s Aegean Air to sign $5.5bn jet deal
Bloomberg Aegean Airlines, the former island-hopper that’s expanded to replace defunct Greek flag-carrier Olympic Air, plans to order at least 50 new single-aisle jetliners in the next three or four weeks. Aegean, which has already doubled its fleet since 2013, will choose between the latest Airbus SE A320neo and Boeing Co. 737 Max narrow-body models, Chief Executive Officer Dimitrios Gerogiannis ...
Read More »Southwest Air’s de-icing stumble was third in 2 months
Bloomberg Southwest Airlines Co.’s cancellation of 250 flights at Midway Airport Feb 11 was the third time in two months that a shortage of de-icing fluid has complicated the carrier’s Chicago operations. Heavy snows forced Southwest to use much more than the normal amount of glycol to remove ice and snow from planes that parked at the airport overnight, eating ...
Read More »One third of Pratt-powered A320neo jets faulty: Airbus
Bloomberg Airbus SE said almost a third of its Pratt & Whitney-powered A320neo aircraft are affected by a new engine glitch that has forced the European planemaker to halt some deliveries of the popular narrowbody jet. Of the 113 Pratt-powered aircraft in operation worldwide, about 30 percent are equipped with either one or two faulty engines, the planemaker said in ...
Read More »London City Airport scraps flights after WW2 bomb found
Bloomberg London City Airport, an important hub for business travelers, cancelled all flights on Monday after the discovery nearby of an unexploded World War II bomb. The ordnance was found in the River Thames during planned development work at the airport, east of the Canary Wharf financial district. Royal Navy specialists established an exclusion zone of more than 200 meters ...
Read More »US airlines bumped fewer people after dragging ruckus
Bloomberg After months of controversy last year triggered by the forcible dragging of a doctor off a flight in Chicago, airlines significantly cut down on bumping passengers. US carriers recorded the fewest number of bumped passengers in 2017 since the government began collecting data on the practice in 1995, the Department of Transportation reported. Last year there were 23,223 people ...
Read More »WestJet CEO sees Boeing’s Max 7 as key to savings
Bloomberg Boeing Co.’s slow-selling 737 Max 7 has a big fan in Western Canada. WestJet Airlines Ltd. next year will become the second carrier, after Southwest Airlines Co., to operate the smallest version of Boeing’s upgraded workhorse. The Calgary-based company is set to receive five of the single-aisle jetliners next year. “We love those planes,†WestJet Chief Executive Officer Gregg ...
Read More »Airbus mulls raising output of A320 jets as demand soars
Bloomberg Airbus SE is considering increasing production rates for its best-selling single-aisle A320 jetliners, as airlines around the world place orders for hundreds of planes to meet surging demand for air travel. “The success of the products is forcing us to look at any opportunities we can have to improve the rate,†Eric Schulz, Airbus’s new sales chief, told reporters ...
Read More »Boeing working with US to lift Vietnam’s Air safety rating
Bloomberg Boeing Co. is working with the US and Vietnamese governments to lift the Southeast Asian nation’s aviation safety rating and help enable its state-run carrier to operate flights to as far as Los Angeles, an executive said. “Right now, they don’t have Category 1,†Dinesh Keskar, senior vice president of Boeing’s Asia Pacific and India sales, said in an ...
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