Aviation

Airbus A380 deal requires pledge to build jet for further decade

Bloomberg Airbus SE might yet win a long-anticipated A380 superjumbo order from Gulf carrier Emirates before the end of the year, but must pledge to extend the ailing programme for a further decade in order to secure the deal. The European planemaker had planned to announce the sale at the recently concluded Dubai Airshow, Chief Operating Officer Fabrice Bregier confirmed ...

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Tax bill hurts Trump’s vow to fix ‘other airports’

Bloomberg President Donald Trump has compared landing at Los Angeles International and other US airports to arriving in a third-world country. But a provision in the tax bill passed by the House of Representatives would eliminate a tool central to his $1 trillion pledge to upgrade airports and other public works. The House measure would eliminate a form of tax-exempt ...

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Airlines make a lot of money on ‘three industries’

Bloomberg There’s some simple math when it comes to airfares: the higher the price, the bigger the profit. And the most expensive tickets tend to be those sold at the very last minute—specifically those picked up by business travellers with schedules dictated by sudden deals and unexpected client meetings. And not coincidentally, these fares are usually paid for by the ...

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Airbus seals $50bn jet deal to outdo Boeing

Bloomberg Airbus SE announced the biggest commercial-plane transaction in its history, securing an order for single-aisle aircraft valued at nearly $50 billion at the Dubai Airshow, outdoing Boeing Co.’s own $20 billion mega-deal. Wednesday’s pact for 430 A320neo planes with US investor Indigo Partners marked a turnaround for Airbus at the Gulf expo, where it had been trailing its rival. ...

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Southwest’s new 737 lags in on-time flights

Bloomberg Southwest Airlines Co.’s new 737 Max jets will offer the latest and greatest in flying efficiency from Boeing Co.—at least once all the kinks are worked out. In its first month of flying, the 10 Max planes in Southwest’s fleet ranked behind its more seasoned aircraft for on-time performance. While the hiccups weren’t serious, they served as a reminder ...

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Pratt & Whitney to unveil new seal design for A320neo

Bloomberg Pratt & Whitney is close to unveiling a design change for engines used in Airbus SE A320neo and Bombardier Inc. C-Series jets aimed at fixing issues with a carbon seal that has led customers to ground dozens of brand new planes, a person with knowledge of the matter said. Pratt is switching to a proven technology that reduces instances ...

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Emirates urges Airbus to make commitments on A380 jetliner

Bloomberg Emirates President Tim Clark urged Airbus SE to make firm commitments on the future of its A380 airliner, demanding certainty before placing a follow-up order that production will continue until all aircraft are delivered. “It’s their call,” Clark, speaking to journalists at the Dubai Airshow, said of Airbus and the future of the manufacturer’s flagship product. “It’s really for ...

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EgyptAir to plot makeover with 787, C Series deals

Bloomberg EgyptAir Airlines Co. is poised to expand its fleet with a flurry of deals for long-range and short-haul aircraft, including a $1.1 billion order for Bombardier Inc’s C Series jets, people familiar with the matter said. The Cairo-based company was expected to announce a firm order for 12 CS300 jets as early as Tuesday at the Dubai Airshow, said ...

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Ryanair’s low-cost soul at stake as pilots gird for fight

Bloomberg Michael O’Leary built Ryanair Holdings Plc into Europe’s most valuable airline by being cheap, right down to charging pilots for coffee on their own flights. Now those aviators are pushing back. A group of disgruntled flight crew is demanding more pay, better conditions and the ability to bargain collectively across Europe. They’re emboldened by rising demand for pilots at ...

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Airbus suffers Dubai blow as Boeing wins surprise 787 deal

Bloomberg The press release was printed, the media invited, the first dignitaries began filing into the room. Such was the scene on the first day of the Dubai Airshow, when Airbus SE had planned to unveil a keenly awaited lifeline for its A380 super jumbos from the aircraft’s biggest fan: Emirates. Instead: nothing. In fact, worse than nothing. An initial ...

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