Aviation

Bloomberg Chancellor of the Exchequer Philip Hammond poured cold water on the idea that planes would be unable to fly from the UK to the European Union if there’s no deal on Brexit, a favourite theme of opponents of an abrupt departure from the bloc. Britain’s air-traffic controllers currently work under agreements that are part of Britain’s EU membership. When ...

Bloomberg A panel of industry and law enforcement officials couldn’t agree on how civilian drones should be tracked by authorities, adding uncertainty to the push for expanded commercial uses. The advisory committee, established earlier this year by the Federal Aviation Administration, couldn’t reach consensus on key issues, such as what type of drone models should be subject to radio tracking, ...

Bloomberg Kuwaiti discount carrier Jazeera Airways has delayed a planned expansion into long-haul flights to focus on extending its existing network to serve the Indian subcontinent. Jazeera, which has previously been limited to operations within the Middle East, will start operating to Hyderabad in India and Lahore in Pakistan this month before adding Delhi, Mumbai and Chennai later in the ...

Bloomberg Dassault Aviation SA, the French maker of Rafale fighter jets, may build its business aircraft in India, in a boost to Prime Minister Narendra Modi’s push to encourage local manufacturing. Building the Falcon 2000 planes in India would cut costs while ensuring quality and execution that meets standards, Chief Executive Officer Eric Trappier said in an interview on the ...

Bloomberg BAE Systems Plc will eliminate almost 2,000 jobs as it struggles to secure new orders for the Eurofighter Typhoon warplane and slims down its naval ships and cyber-security businesses. Some 1,400 posts will go at the company’s military-aircraft unit, which employs about 12,500 people, with a further 375 positions to be eliminated in the maritime division and up to ...

Bloomberg Ivory Coast is in talks with three African airlines to operate the first direct route to the US by early 2018 as the West African nation seeks to attract more investors to its fast-growing economy. The most advanced discussions are with Ethiopian Airlines Enterprise, which is due to send a delegation to Ivory Coast before the end of the ...

Bloomberg Corporate-jet makers are flooding the market, spurring deep discounts for new aircraft and fueling a three-year slide in prices of used planes. Most major manufacturers, including Gulfstream and Bombardier Inc.—which is also contending with rising hurdles in its commercial-jet business— have slowed production in the last couple years as demand for private jets sagged. That still hasn’t been enough ...

Bloomberg Air Berlin Plc will end flights on October 28 at the latest and is encouraging employees to seek jobs elsewhere as the company’s liquidation efforts proceed, according to a letter to workers from the carrier’s top two executives. The airline has begun talks with labour leaders on terms for letting employees go, Chief Executive Officer Thomas Winkelmann and general ...

Bloomberg Boeing Co. is buying drone pioneer Aurora Flight Sciences Corp., gaining a portfolio of futuristic technology such as unmanned air taxis that may someday navigate city skies for Uber Technologies Inc. With the acquisition, Boeing is betting that smarter airplanes will dominate flying, with computer algorithms and artificial intelligence playing an increasingly important role in the cockpit. Aurora is ...

Bloomberg Ryanair Holdings Plc Chief Executive Officer Michael O’Leary made a personal pledge to improve pay and career prospects for the budget carrier’s 4,200 pilots amid concerns about a rebellion in the aftermath of its cancellation fiasco. O’Leary, often dismissive of pilot demands, is seeking to soothe disgruntled cockpit crew with wage increases of as much as $11,700 and loyalty ...