Aviation

Bloomberg Kenya Airways Ltd.’s court-ordered reinstatement of its former finance director threatens to undermine the newly appointed chief executive officer’s bid to overhaul the debt-laden carrier. Alex Mbugua, who was dismissed in January 2016, won a High Court bid to be allowed to return to work or be paid three years’ salary plus compensation. His reinstatement was ordered four days ...

Bloomberg VietJet Aviation JSC plans to expand its fleet to include wide-body jets as the Vietnamese low-cost carrier considers California as its first US destination starting about 2019. Vietnam’s biggest private airline would use the larger aircraft to begin the route after the US Federal Aviation Administration grants Vietnam airlines permission to fly to America, said Nguyen Thi Phuong Thao, ...

Bloomberg Emirates, which operates the world’s biggest fleet of long-haul aircraft, threw its weight behind the future of first-class travel, pouring millions into an upgrade of the ultra-luxury category on its Boeing 777 aircraft even as other carriers dispense of the biggest berths. President Tim Clark showcased the new design on the opening day of the Dubai Air Show, with ...

Bloomberg Cathay Pacific Airways is losing its decades-old membership of Hong Kong’s benchmark equity gauge as the city’s flagship carrier struggles to revive earnings. The airline will be dropped along with Kunlun Energy Co. as part of Hang Seng Indexes Co.’s quarterly review. Country Garden Holdings Co., a Chinese property developer, and Sunny Optical Technology Group Co., an Apple Inc. ...

Bloomberg The first Airbus SE superjumbo to exit service will be stored minus its engines at a French airfield as its owner seeks a new operator for a plane that while still relatively young in industry terms has fallen out of favour with airlines. The A380 will be returned to leasing firm Dr. Peters after 10 years of service with ...

Bloomberg Eager to show he can narrow the trade gap with China and create jobs at home, US President Donald Trump touted an order for 300 Boeing Co. planes. Yet the bulk of the deal announced in Beijing was old news. The order, with a list value of $37 billion before customary discounts, consists mostly of previous agreements, officials with ...

Bloomberg Vietnam Airlines Corp. will offer more shares to foreign investors, including possibly another airline, as it prepares a listing on the Ho Chi Minh City Stock Exchange next year and the government plans to cut its holdings to 51 percent. The carrier—which sold an 8.8 percent stake to ANA Holdings Inc. last year for $108 million—is discussing the sale ...

Bloomberg EasyJet Plc appointed the former deputy head of holiday giant TUI AG to become its next chief executive officer as Carolyn McCall prepares to take over at UK broadcaster ITV Plc. Johan Lundgren, a 51-year-old Swede, will assume the role on December 1, Luton, England-based EasyJet said. McCall will leave the board a day earlier, while assisting with the ...

Bloomberg Once Southwest Airlines Co. starts flying to Hawaii next year, it may well add a compelling wrinkle to its schedule: flights between the islands. The carrier is mulling whether to include some in-state travel along with its trans-Pacific routes, which the company plans to offer starting next year. Southwest Chief Executive Officer Gary Kelly said that island-hopping flights are ...

Bloomberg Singapore Airlines Ltd said profit almost tripled last quarter, fuelled by an increase in passenger and cargo traffic, even as it warned of challenges as rivals add capacity in key markets. Net income in the three months through September rose to S$189.9 million ($139 million) from S$64.9 million a year earlier, Southeast Asia’s biggest carrier said in a statement. ...