Aviation

Bloomberg British Airways owner IAG SA said a power outage that led to the cancellation of hundreds of flights last month probably cost it about 80 million pounds ($102 million) in lost revenue and the expense of accommodating, re-booking and compensating thousands of passengers. The figure is based on an initial assessment and London-based IAG will update the market on ...

Bloomberg Rolls-Royce Holdings Plc is seeking ways to upgrade its engines for Airbus SE’s A380 as the planemaker attempts to win orders for the slow-selling superjumbo jet, the company’s biggest. “We are contemplating what we can do over and above with Airbus,” Eric Schulz, Rolls-Royce’s head of civil aviation, said in a Bloomberg TV interview. “As soon as we mature ...

Bloomberg Boeing Co. is set to receive orders and commitments worth roughly $30 billion for the stretched Max 10 upgrade of the 737 workhorse, as its first new jet in almost four years counters Airbus SE’s headstart at the largest end of the single-aisle aircraft market. The biggest 737 variant is set to get more than 240 orders from at ...

Emirates Business Dubai-based airline, flydubai, and Mercator, a global provider of software platforms and product-enabled solutions to the travel and transport industry, have announced the signing of a seven-year extension to their air cargo management contract. The renewal agreement reaffirms the continuation of the strategic partnership initiated in 2012, designed to provide flydubai with a next-generation technology platform that enables ...

Bloomberg American Airlines Group Inc. began the first US test of new airport-security scanners that provide a more detailed view inside carry-on luggage and may allow travelers to keep laptops in their bags. The CT scanner, using technology borrowed from the medical world, is being used in a security checkpoint lane at Phoenix Sky Harbor International Airport, the airline said ...

Bloomberg Malaysia Airlines Bhd. has held discussions with Airbus SE about the purchase of A330neo wide-body jets but has so far been unable to agree a price for the planes. The carrier is also seeking clarity regarding other aspects of the transaction, including delivery schedules, Chief Executive Officer Peter Bellew said in an interview. There’s no likelihood of an order ...

Bloomberg Ryanair Holdings Plc is evaluating ordering bigger versions of Boeing Co.’s 737 single-aisle workhorse in a move aimed at boosting capacity on its longest routes, which could put additional pressure on rivals. Europe’s largest discount airline is examining the business case for both the 737 Max 9 and Max 10, Chief Marketing Officer Kenny Jacobs said in an interview ...

Bloomberg Airline passengers may soon be able to put away their IDs and boarding passes at screening lines as the Transportation Security Administration begins an experiment to use fingerprints to ensure people’s identities. Passengers who are enrolled in PreCheck, the TSA program that gives travelers expedited screening, will be able to use their fingerprints at Atlanta’s Hartsfield-Jackson International and Denver ...

Bloomberg It took about nine months for Cathay Pacific Airways Ltd. to win its first buy rating from an analyst. When the upgrade came, it was because of the airline’s cargo operations, not its five-star-rated passenger business. Jefferies Group LLC raised the rating on Cathay’s stock to buy this month, citing signs of a pullback in capacity expansion and improved ...

Bloomberg Boeing Co. is closing in on about $5 billion in orders from two Asian carriers for its longest-ever 737, people familiar with the matter said. The US planemaker is discussing a deal with India’s SpiceJet Ltd. for about 20 of the 737 Max 10 aircraft, said the people, who asked not to be identified as the discussions are private. ...