Aviation

Bloomberg United Continental Holdings Inc. is exploring a deal to invest in regional airline ExpressJet to boost its pipeline of pilots and expand service in the eastern and midwestern US, people familiar with the matter said. The Chicago-based carrier is looking at acquiring an ownership stake in ExpressJet among other options in negotiations that are still developing, said the people, ...

Bloomberg Delta Air Lines Inc. said it was resuming normal operations at its Atlanta hub, after a snowstorm forced it to cancel about 375 flights in and out of there earlier in the day. The cancellations came on top of more than 1,000 flights scrubbed on Friday because of the early-season snowstorm. The airline said winter weather in the south ...

Bloomberg Ryanair Holdings Plc has threatened to freeze benefits for pilots in Dublin and move aircraft to other Irish airports if staff go on strike. The discount carrier will scrap promotions, halt transfer requests and cut back recently-granted spending allowances of up to $18,900 per pilot, Chief People Officer Eddie Wilson wrote in a letter to staff. The company may ...

Bloomberg Chinese conglomerate HNA Group Co.’s flagship carrier cancelled a planned bond sale after weeks of soaring interest rates that had forced the debt-laden group’s units to pay some of their highest borrowing costs ever. Hainan Airlines Holding Co. had planned to sell $151.2 million of the perpetual securities in China’s local market to repay maturing debt, according to a ...

Bloomberg Deutsche Lufthansa AG has to do more to allay European Union concerns about its takeover of most of Air Berlin Plc after offering concessions that won’t fully appease regulators, according to two people familiar with the process. Lufthansa would need to improve upon its offer to cede landing rights of Air Berlin’s Niki arm in order to win approval ...

Bloomberg Ryanair Holdings Plc faces its first-ever strike as crews in Italy prepare to walk out as part of a push for unionisation and company-wide contracts, and staff in six other countriesconsider action. Pilots and flight attendants in Italy plan to walk off the job for four hours from 1 pm local time on December 15, according two unions. Workers ...

Bloomberg British Airways (BA) Chief Executive Officer Alex Cruz defended his decision to start charging for food on short-haul routes, saying the measure was necessary in order to compete in an environment of falling ticket prices. “Given some of the fares in the marketplace, we make no apology for making ourselves more efficient in various ways so we can consistently ...

Bloomberg Bombardier Inc., whose Belfast aircraft plant is Northern Ireland’s biggest manufacturer, said it’s against any moves towards a Brexit deal that would effectively redraw the UK-Ireland border in the Irish Sea. Rather than benefit from a settlement keeping the province in a customs union with the Irish Republic to preserve boundary-free travel, the Belfast site, which employs 4,200 people, ...

Bloomberg Global airline earnings this year will top previous forecasts and surge to a record in 2018, spurred by higher fares and burgeoning cargo demand, according to the industry’s main trade group. Net income for 2017 is likely to total $34.5 billion, $3.1 billion higher than forecast in June, the International Air Transport Association said in a statement. The figure ...

Bloomberg American Airlines CEO Doug Parker is investing more than $1 billion to mend tattered labour relations at the world’s largest carrier. A recent spat with pilots is prompting some analysts to question whether he’s getting his money’s worth. The aviators’ union warned that more than 15,000 flights were at risk of being scrubbed during the busy holiday season after ...