Aviation

Bloomberg US airlines are wagering that American tourists will keep flocking to Cancun despite rising violence in Mexico and a warning from the State Department. Southwest Airlines Co., Spirit Airlines Inc. and Delta Air Lines Inc. are adding flights to the resort. United Continental Holdings Inc. is using one of its biggest jets once a week to ply the Chicago-Cancun ...

Bloomberg Airbus SE completed the year gone by doing what it does best: selling its bread-and-butter narrow-body aircraft. The European manufacturer firmed up its biggest-ever order from Indigo Partners for 430 A320 aircraft—a contract that was previously announced— while also unveiling a new deal for 50 re-engined versions of the same jet. All told, the flurry of activity during the ...

Bloomberg Grupo Aeromexico SAB is considering an order of Bombardier Inc. C Series jets, taking aircraft that would be available next year if US tariffs thwart deliveries to Delta Air Lines Inc., people familiar with the matter said. Mexico’s largest carrier is also considering short-range planes from Brazil’s Embraer SA and Japan’s Mitsubishi Aircraft Corp. instead, said the people, who ...

Bloomberg A lot can happen in a year—but 2017 was particularly eventful when it came to how we travel the world. The threats that loomed largest in 2016, Zika and the migrant crisis, faded into the rear-view mirror as talk of a United States travel ban and Brexit suddenly dominated global headlines. And that was just the beginning. Here are ...

Bloomberg Thailand, land of golden temples, white-sand beaches, smiling hosts. Or of overcrowded airports, epic traffic jams and littered seashores. Facing a deluge of Chinese tourists that has strained its airports beyond capacity, the Southeast Asian nation is spending billions to upgrade its infrastructure, open up new islands and cities to travellers, and tone down its image of cheap shopping ...

Bloomberg France is wavering on a plan to sell part of a $9 billion stake in Paris’ two main airports to avoid hurting Air France-KLM, the airline in which the government also has a significant investment, according to an official with knowledge of the matter. President Emmanuel Macron’s government has sought to divest shareholdings, which include Charles de Gaulle and ...

Bloomberg Boeing Co. is weighing a potential combination with Embraer SA of Brazil, setting the stage for a blockbuster deal that would fuel the US aerospace giant’s rivalry with Airbus SE in the highly competitive market for smaller jets. The planemakers have been exploring a takeover for more than a year, with senior-level talks that gained urgency in recent months ...

Bloomberg Bombardier Inc. is scaling back plans to begin a new aircraft programme, preferring instead to focus on generating cash flow and whittling down about $9 billion in debt, said Chief Executive Officer Alain Bellemare. “Over the past few years there was an overinvestment in aerospace,’’ Bellemare said in an interview. “We don’t want to jump and launch an investment ...

Bloomberg China is set to become the world’s biggest aviation market in five years thanks to hefty subsidies from local governments beseeching airlines to fly mainland tourists overseas. Local governments, especially those outside mega cities like Beijing, Shanghai and Guangzhou, spent at least $1.3 billion subsidising airlines in 2016, mostly for them to start direct services to far-flung places such ...

Bloomberg FedEx Corp. raised its annual profit forecast, citing “solid demand trends” and a rebound from a June cyberattack at its TNT Express unit in Europe. The operator of the world’s largest cargo airline is on track for a record season of holiday deliveries, Chief Executive Officer Fred Smith said in a statement. Shipments to homes are increasing as more ...