Aviation

Bloomberg Turkish Airlines said it intends to purchase 40 of Boeing Co.’s 787-9 Dreamliners, a long-awaited deal that signals the carrier’s rebound following a terrorist attack on its Istanbul hub last year. When finalised, the order would be valued at almost $11 billion before the customary discounts for large aircraft purchases. The pact, unveiled during a brief signing ceremony in ...

Bloomberg Deutsche Lufthansa AG and EasyJet Plc were selected as the preferred bidders for the main assets of insolvent Air Berlin Plc, handing both airlines a rare chance to rapidly expand in Europe’s biggest economy. The creditors’ committee will continue talks with the two carriers until October 12 with the aim of selling Air Berlin’s transport assets, the company said ...

Bloomberg Prime Minister Justin Trudeau says Canada won’t buy Boeing Co. fighter jets while the company pursues a trade challenge against Montreal-based Bombardier Inc. over its commercial aircraft. Trudeau made his threat to halt what he called Canada’s “significant procurement” of F-18 Super Hornets alongside UK Prime Minister Theresa May. Both leaders are pressing the US firm to drop its ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...