Aviation

JetBlue sings the delay blues, heading for worst since 2007

Bloomberg JetBlue Airways Corp. has little to show for its efforts to improve on-time performance. In the year gone by, through October, the airline’s on-time arrival rate of 70 percent trails the industry average of 79 percent, according to the US Transportation Department. That puts the carrier on track for its worst showing since 2007. Flight delays threaten two of ...

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EasyJet to carry 90mn travellers in 2018: CEO

Bloomberg EasyJet Plc Chief Executive Officer Johan Lundgren laid out plans to serve 13 percent more passengers, widen links with other airlines and help pioneer testing of a hybrid-power plane in his first year of leading the discount carrier. Lundgren, who succeeded Carolyn McCall as CEO on December 1, 2017, said EasyJet will carry about 90 million travellers in 2018, ...

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US carriers pile into Cancun despite violence in Mexico

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 ...

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Airbus’ order rush heals big jets selling woes

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 ...

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Aeromexico mulls C Series order as Delta faces tariffs

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 ...

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How luxury travel changed!

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 ...

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Thai airport misery likely to remain for years

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 ...

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France wavers on plan to sell part of $9 billion stake in Paris airports

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 ...

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Boeing takes aim at Airbus with Embraer talks

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 ...

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Bombardier chief dials down new-plane ambitions

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 ...

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