Aviation

Bloomberg Qantas Airways Ltd. Chief Executive Officer Alan Joyce’s compensation almost doubled in the latest financial year after he helped revive the faltering Australian carrier. The total package for Asia Pacific’s best-paid airline executive surged to $19.7 million in the 12 months through June 30, from about A$13 million a year earlier, according to the company’s annual report released Friday. ...

Bloomberg Malaysia Airlines Bhd. agreed to buy Boeing Co.’s 787-9 Dreamliners and 737 Max jets as the Southeast Asian nation’s flag carrier looks to boost services on its busiest routes. The airline signed a memorandum of understanding for eight of the carbon-composite Dreamliners, and eight 737 Max 8s, Boeing said in an e-mailed statement. The planes are worth $3.06 billion ...

Bloomberg EasyJet Plc struck a deal with Norwegian Air Shuttle ASA and Canada’s WestJet Ltd allowing its passengers to transfer onto their long-haul flights at London Gatwick airport. Europe’s second-biggest discount airline is exploring similar accords with Middle Eastern and East Asian carriers, and plans to extend the service to some of its other major bases, according to a statement. ...

Bloomberg For decades, a thunderstorm or missed connection meant you might have to sleep in the airport, leaving frustrated travellers with a truly tired dilemma: Is the boarding gate chair-curl worth a try, or is it better just to grab some floor? Some airports are considering a better way to accommodate unlucky passengers while making some money in the process. ...

Bloomberg UK Prime Minister Theresa May asked US President Donald Trump to intervene in a court dispute between Boeing Co. and Canada’s Bombardier Inc. over state aid, her office said. The request, made in a call with the president on September 5, came as her government seeks to protect jobs at a Bombardier plant in Belfast, Northern Ireland. May’s government ...

Bloomberg Emirates, the world’s biggest long-haul airline, is holding out for assurances about the future of Airbus SE’s A380 programme before committing to an $8 billion order for more of the double-decker aircraft. While Airbus is pushing for a deal at November’s air show in Dubai, where the carrier is based, concern that the value of used A380s will plummet ...

Bloomberg Embraer SA is likely to consider building a commercial-aircraft factory in China in two years, Chief Executive Officer Paulo Cesar de Souza e Silva said, marking a potential shift in strategy after the company shut down its private-jet plant in the Asian country in 2016. The Brazilian planemaker will wait for the rollout of its first E195-E2 aircraft in ...

Bloomberg Indian budget airline SpiceJet Ltd. has begun an order contest between Boeing Co. and Airbus SE for wide-body aircraft, in the strongest indication yet that it will go ahead with a move into discount long-distance flights. The stock rose to their highest ever. The carrier is evaluating the U.S. manufacturer’s biggest 787-10 Dreamliner together with Airbus’s A350-1000, Ajay Singh, ...

Bloomberg A new South Korean budget carrier says it can help push air fares down by as much as 30 percent and still stay profitable in a market already crowded with six rivals. Aero K Airlines Co., backed by venture capital funds, plans to use new, fuel-efficient aircraft and a base where airport levies are at least 60 percent cheaper ...

Bloomberg Regulators in India are stepping up scrutiny of Pratt & Whitney’s new jet engines as the US manufacturer tries to overcome glitches that have grounded some Airbus SE planes. The geared turbofan engines are now being inspected after as few as 350 hours of operation, down from initial plans for every 1,000 hours, Civil Aviation Minister Ashok Gajapathi Raju ...