Aviation

Bloomberg UK leisure carrier Monarch filed for insolvency in Britain’s biggest-ever airline collapse, leaving the government to arrange the return of 110,000 tourists and marking the third failure of a major European operator in five months. The airline and Monarch Travel Group have been placed under administration, leading to the suspension of the Luton, England-based company’s operating license, according to ...

Bloomberg Fastjet Plc will begin flying from Mozambique this year and expects to commence internal South African services in 2018 as it rekindles growth plans put on hold as losses mounted. With the operating loss down 57 percent in the first half and break even forecast for the fourth quarter, Fastjet is ready to revive its pan-African ambitions, aided by ...

Bloomberg American Airlines Group Inc. will add more seats to some of its single-aisle jetliners as part of an effort to boost sales by $1.4 billion in the next four years. It’s also targeting $1 billion in cost savings. The carrier’s Boeing Co. 737-800 jets will be revamped to fit 12 more passengers while the Airbus SE A321 planes will ...

Bloomberg Southwest Airlines Co. said third-quarter sales will take a $100 million blow from this year’s devastating hurricanes and earthquakes. About 5,000 flights had been canceled through Wednesday because of the natural disasters, the carrier said in a statement. Southwest also pared its outlook for revenue from each seat flown a mile, saying the benchmark gauge would be little changed ...

Bloomberg Bombardier Inc. remains confident that it will win orders for its C Series jetliner this year, even after losing a ruling in a trade battle with Boeing Co. that essentially shuts off the US market. “We’re working opportunities in many, many continents,” Colin Bole, senior vice president for sales at the Montreal-based company’s commercial aircraft unit, said. “I’m still ...

Bloomberg JetBlue Airways Corp. has been talking about the first full revamp of its workhorse jetliner for a long time. This fall, almost 18 years since the popular low-cost carrier arrived at airports, it’s finally going to happen, and while there are plenty of bells and whistles to get you oohing and ahhing, there’s a little surprise that may leave ...

Bloomberg Southwest Airlines Co. is set to pull off an aviation high-wire act as it sends 30 of its oldest planes to a desert graveyard just 24 hours before launching the newest version of its staple 737 jetliner. The changeover will usher in the latest fresh start for Boeing Co.’s bread-and-butter passenger plane, extending Southwest’s almost 50-year dedication to the ...

Bloomberg Bombardier Inc., the Canadian planemaker facing US import duties on its C Series jet, is nearing a deal to sell at least 14 of the planes to Air Baltic Corp. in an order with a list value of about $1.25 billion. The carrier is set to buy CS300 models “definitely before the end of next year,” Air Baltic Chief ...

Bloomberg Airlines worldwide were forced to delay flights as a global flight-bookings system operated by Amadeus IT Group SA suffered what the company called a “network issue.” Carriers including British Airways, Deutsche Lufthansa AG, Cathay Pacific Airways and Qantas Airways were among those impacted, with Dutch operator KLM delaying at least 24 departures. Singapore’s Changi airport said via Twitter that ...

Bloomberg The World Trade Organization approved Brazil’s request to investigate Canada’s alleged use of more than $3 billion in government subsidies to produce Bombardier Inc. aircraft. The South American nation began WTO consultations in February, saying Canada ran afoul of trade rules because its policies unfairly bolstered the domestic aerospace industry to the detriment of Brazilian planemaker Embraer SA. Canada ...