Bloomberg EasyJet founder Stelios Haji-Ioannou is launching a takeout delivery service to rival Just Eat Plc, as the British entrepreneur seeks to grab a slice of the UK’s fast-growing online market. EasyFood will let Britons order home deliveries from local restaurants and takeouts through its website or a mobile app. The service will initially target Birmingham and London, with a ...
Read More »Aviation
Japan Air mulls more A350s as it adds India, N America routes
Bloomberg Japan Airlines Co., which bought its first Airbus SE planes four years ago, is considering adding to its pending order of wide-body A350s as it seeks to increase routes to India and North America. The carrier has ordered 31 A350s scheduled for delivery starting 2019 and has options to buy 25 more. Japan Airlines may use some of these ...
Read More »Ryanair adds fewest passengers since March
Bloomberg Ryanair Holdings Plc added the fewest number of passengers in six months in September as the first of more than 20,000 flight cancellations prompted by a pilot shortage began to weigh on growth. The customer count rose by 1 million to 11.8 million, Ryanair said Tuesday, the smallest increment since the carrier added 900,000 passengers in March. The 9.2 ...
Read More »A rooftop pool is coming to the heart of JFK airport in NY
Bloomberg There’s nothing even remotely glamorous about sleeping in an airport hotel. But in roughly 18 months, the opening of the TWA Hotel—a 505-room remastering of the spaceship-like Eero Saarinen terminal at New York’s John F. Kennedy International Airport—should change that. New renderings and design plans by MCR Development LLC, the developer and lead investor in the project, reveal exciting ...
Read More »Monarch files for insolvency in UK’s biggest airline collapse
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 ...
Read More »Fastjet to begin Mozambique, S Africa units as losses shrink
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 ...
Read More »American to pack in more seats in $1.4bn sales push
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 ...
Read More »Southwest Airline may take $100mn hit from hurricanes, earthquakes
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 ...
Read More »There’s life in C Series despite US ruling, says Bombardier
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 ...
Read More »JetBlue wants you to be happy with less space
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 ...
Read More »
The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.