Aviation

Travellers flock to one-way flights as price premium dwindles

Bloomberg Travellers are purchasing more one-way flights as the price premium declines compared with round trips, according to Airlines Reporting Corp., which analyzes fare data. One-way jaunts have expanded to 42 percent of air travel so far this year, up from 29 percent three years ago, ARC said. The price drop is especially pronounced on leisure routes, with corporate travel ...

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Delta’s costs add turbulence to otherwise smooth flight

Bloomberg Shares of Delta Air Lines Inc. may have reached their cruising altitude for now. The Atlanta-based carrier got investors excited last week when it said revenue from each seat flown a mile jumped 2.5 percent, another big boost following May’s 3.5 percent increase. The stock had soared 22 percent since the beginning of May. But second-quarter results show that ...

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Air Seychelles unveils passenger handling tech

Dubai / Emirates Business Air Seychelles, the national airline of the Republic of Seychelles introduced SITA’s state-of-the-art common-use passenger processing systems (CUPPS) at Seychelles International Airport. This investment provides greater flexibility for international airlines operating from the airport by allowing them to share common-use terminal equipment for check-in and boarding. The airline – which provides ground-handling services to airlines operating ...

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EasyJet to create new airline to shield its routes within EU

Bloomberg EasyJet Plc will create a new airline based in Vienna that will shield its routes within the European Union against any fallout from Britain’s negotiations to exit the bloc. The approval process for an air operator certificate that has been filed with Austria’s aviation regulator is “now well advanced,” with clearance expected in the near future, Luton, England-based carrier ...

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Pratt engine fixes prompt IndiGo to ground 7 Airbus jets

Bloomberg India’s biggest airline grounded at least seven Airbus SE jetliners as it awaits fixes for balky Pratt & Whitney engines, joining several carriers around the world that have pulled the planes from service. IndiGo stopped using one A320neo aircraft this month after grounding four in June and two in May, according to data from flight-tracking website Flightradar24. Including IndiGo’s ...

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Etihad adds more flights to Egypt, Nigeria

Abu Dhabi / Emirates Business Etihad Airways is adding year-round flights between its Abu Dhabi hub and both Cairo and Lagos later this year to cater to growing demand to and from the United Arab Emirates. A fifth daily scheduled service will be introduced on the Cairo route, effective October 1, taking frequency to the Egyptian capital up from 28 ...

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Austria plans to drop Eurofighter, buy new interceptor fleet over pricing spat

Bloomberg Austria plans to transition away from its fleet of Eurofighter Typhoon jets amid a long-running spat over pricing after concluding that sourcing a new squadron of supersonic interceptors would be a cheaper and more effective option. The Austrian Air Force recommends moving to a single type of warplane with 15 single-seat and three double-seat versions from 2020, replacing its ...

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Laptop ban on Royal Air Maroc to be lifted today

RABAT / Reuters A ban on carrying laptop computers and other large electronic devices in aircraft cabins on direct flights between Morocco and the United States will be lifted on Thursday, Morocco’s Royal Air Maroc said in a statement. In March, the United States banned laptops in cabins on flights originating at 10 airports in eight countries — Egypt, Morocco, ...

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Air Zimbabwe cuts workforce to avoid bankruptcy

Bloomberg Air Zimbabwe is firing more than a third of its workforce to prevent the state-owned airline from going bankrupt. The airline has debts of about $330 million, Transport Minister Joram Gumbo said in June. The carrier was also banned from operating in the European Union in May on safety concerns even though it doesn’t currently fly there. As many ...

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Air India’s ashtrays, debt cloud pose challenges to sale

Bloomberg Prime Minister Narendra Modi’s cabinet has signed off on a plan to sell all or part of Air India Ltd, a debt-ridden, state-run carrier with the most unusual baggage. The airline’s balance sheet includes commercial space near London Heathrow, land in Tokyo, Hong Kong and Nairobi, all bought during the heydays when the airline commissioned paintings by Indian modern ...

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