Aviation

Bloomberg Airbus SE and enginemaker Pratt & Whitney’s compensation to IndiGo for glitches that grounded jets helped India’s biggest airline post quarterly profit that exceeded analyst’s estimates. The problems plaguing the carrier’s operation since July were fixed earlier this month after Pratt & Whitney managed to replace the engines that power the Airbus’s A320neo jets. The world’s biggest buyer of ...

Bloomberg Ryanair Holdings Plc Chief Executive Officer Michael O’Leary said Europe’s biggest discount carrier can raise pay for disgruntled pilots and still retain a pricing advantage over rivals after a staffing crunch led profit to slide in its busiest quarter. O’Leary pledged on Tuesday to press on with a review of flight rosters, bases and salaries as he seeks a ...

Bloomberg America’s passenger carriers have discovered that it’s getting more expensive to run an airline these days. While summertime profits were fine, and travel demand remains robust, a number of airlines are facing higher bills from a variety of factors: labour contracts, significant airport renovation projects, technology spending and fleet upgrades. The increase in expenses is creeeping into 2018 and ...

Bloomberg Bombardier Inc. will likely fall short of the full-year delivery target for its cutting-edge C Series jet amid a shortage of available engines, analysts said. Delivery of 12 planes that had been scheduled for this year will probably slip into 2018, said Konark Gupta, a Macquarie Capital Markets analyst. That would mean Bombardier delivers 18 of the jets this ...

Bloomberg The next sales pitch for one of the world’s fastest-growing airlines may turn out to be: No runway? No problem! SpiceJet Ltd., an Indian budget carrier that’s seen its stock zoom 899 percent in three years, wants to open up the third-biggest aviation market even more. That means targeting the billion Indians who’ve never flown before, either because they ...

Bloomberg EasyJet Plc will take over leases for as many as 25 of Air Berlin Plc’s planes and gain access to a second airport in the city as the former No. 2 German airline is liquidated. EasyJet will pay 40 million euros ($46 million) for the Airbus SE A320 aircraft leases and takeoff and landing slots at Berlin Tegel Airport, ...

Bloomberg British Airways owner IAG SA struggled to raise ticket prices at the same pace as rivals as the airline group boosts long-haul budget options to counter tougher competition on its core US routes. Gains in passenger unit revenue, a measure of ticket pricing, slowed to 2.2 percent in the third quarter from a 4 percent jump in the three ...

Bloomberg Ryanair Holdings Plc’s effort to ease the shortage of pilots that contributed to months of flight cancellations may be bearing fruit, and could give the carrier leverage in a pay dispute with some existing employees. Europe’s biggest discount airline hired more than 200 pilots this month, according to a copy of a briefing document the carrier sent to employees. ...

Bloomberg The US and China agreed to recognise the other’s aircraft safety approvals, which may boost the Asian nation’s burgeoning aviation industry and make it easier for companies like Boeing Co. to sell products there. The US-China Bilateral Aviation Safety Agreement was announced before President Donald Trump is set to travel to China. Trump will travel to China from November ...

Bloomberg American Airlines passengers have filed 29 complaints of racial discrimination in the last 20 months, the most of any airline flying in the US, according to data compiled by the US Department of Transportation. While air travellers are often unhappy, American’s treatment of African-American passengers has recently come under particular scrutiny. The National Association for the Advancement of Colored ...