Aviation

Northrop bulks up missile business on $7.8bn Orbital deal

Bloomberg Northrop Grumman Corp.’s $7.8 billion purchase of Orbital ATK Inc. will expand its space and missile businesses just as the US steps up efforts to defend against a possible strike by North Korea and threats in the Middle East. The deal cements a turnaround for Northrop, which had been the target of breakup speculation before it scored an upset ...

Read More »

Virgin Australia pioneers pop-up check-in stands

Bloomberg Airline passengers will be able to avoid the pre-flight ritual of lugging heavy bags to the airport and around the departure terminal as the world’s first pop-up check-in system enters service. Devised by Amadeus IT Group SA, the technology will facilitate check-in for groups of travelers at hotels, schools, conference centres and sports stadiums, the world’s biggest flight-bookings provider ...

Read More »

Airlines cancel NZ flights, ration fuel after pipeline leak

Bloomberg Airlines are cancelling flights in New Zealand and adding stops for long-haul services after a pipeline bringing jet fuel to Auckland airport was closed due to a leak. Air New Zealand estimated 2,000 customers a day will be affected by the disruption over the next few days as it has just 30 percent of normal fuel volumes available to ...

Read More »

Ryanair in damage-control mode after ‘cancellation’

Bloomberg Ryanair Holdings Plc risks reviving its image for predatory customer service with a move to scrap hundreds of flights through the end of October because of poor planning. The shares fell nearly 5 percent. Europe’s biggest discount airline, which had previously treated its customers like a captive audience for hard-selling an array of products and services on board, has ...

Read More »

Qatar to buy Typhoon jets

Bloomberg Qatar is set to buy 24 Eurofighter Typhoon jets after Defense Minister Khalid bin Mohamed Al-Attiyah signed a statement of intent with UK counterpart Michael Fallon, providing the Persian Gulf state with outside military support after it became a regional outcast. The deal, reached on Sunday in the Qatari capital of Doha, marks the first major defense contract between ...

Read More »

Down $20bn, Boeing stuffs pension fund with its shares

Bloomberg Like so many companies in America, Boeing Co. has largely neglected the gaping deficit in its employee pension as it doled out lavish rewards to shareholders. What’s raising eyebrows is how it plans to shore up the retirement plan. Last month, Boeing made its largest pension contribution in over a decade. But rather than put up cash and lock ...

Read More »

Ryanair cancels 82 flights, seeks to clear pending ‘crew vacation’

Bloomberg Ryanair Holdings Plc scrapped 82 flights on Sunday, the start of a six-week programme of cancellations it’s making as it seeks to reduce a backlog of crew vacation required by Irish regulators before the end of the year. “We have messed up in the planning of pilot holidays and we’re working hard to fix that,” Kenny Jacobs, Ryanair’s chief ...

Read More »

Biggest Airbus A350 trips as Cathay latest to prefer sibling

Bloomberg Airbus SE’s newest wide-body jet lost more orders as Cathay Pacific Airways Ltd. switched a contract for six A350-1000s to the smaller -900 variant and deferred delivery of five more by a year. The model switch, announced by Asia’s biggest international carrier, follows a decision last week at United Airlines to swap on order for 35 A350-1000s to 45 ...

Read More »

Colombian pilots vote to organise strike at Avianca

Bloomberg A Colombian pilots union voted in favour of a strike at Avianca Holdings SA, which the company argues is illegal. The ACDAC union says that its members include about 700 pilots that work for the company and won’t fly during the strike—slightly more than half of Avianca’s pilots. Avianca said Colombian laws forbid those offering essential services from striking, ...

Read More »

Ryanair scraps 50 flights a day to meet Irish vacation rules

Bloomberg Ryanair Holdings Plc is cancelling as many as 50 flights a day for the next six weeks as it moves to reduce a backlog of crew vacation before as required by Irish regulators. The Dublin-based carrier will offer refunds or alternative flights to the “small number” of affected passengers over the period, it said in a statement, adding that ...

Read More »
Send this to a friend