Aviation

Bloomberg Jet Airways India Ltd., the country’s biggest full-service carrier, is in talks to buy 50 narrowbody jets worth at least $5.6 billion on top of a pending order for Boeing Co. 737 Max aircraft, a person with direct knowledge of the plan said. The most likely model the airline is considering is the 737 Max, though it is also ...

Bloomberg Delta Air Lines Inc. is finally showing a return to pricing power after a two-year slump, leading stocks to climb across the industry. Passenger revenue for each seat flown a mile rose 3.5 percent in May, the second-biggest US carrier said. The increase showed that Delta is on track for a 3 percent gain this quarter in the benchmark ...

Emirates Business At the Paris Air Show, which runs from June 19-25, Airbus will showcase its wide range of innovative technologies, products and services, from market-leading commercial and military aircraft to helicopters and space systems. In addition, there will be a new Digital Exhibition zone at the Airbus pavilion (located at the end of Chalet Row A), where traditional mock-ups ...

Cancun / Emirates Business The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), rose 8.5% in April 2017 compared to the year-earlier period. While this was down from the 13.4% year-on-year growth recorded in March 2017, it is well above the average annual growth rate of 3.5% ...

Bloomberg United Airlines Inc. will suspend flights to Venezuela next month, a move that further cuts off access to the Latin American nation engulfed in violent political protests and economic chaos. The daily service between Houston and Caracas will be canceled because of low demand, United spokesman Charles Hobart said in an email. “Because our Houston-Caracas service is not meeting ...

Bloomberg November 2015 was a big month for Chinese aviation. That was when the state plane manufacturer known as Comac delivered its first passenger aircraft, a 90-seat jet called the ARJ21. May 2017 may prove bigger still, after Comac completed its first test flight of a larger plane, the C919. The new jet aims to take on Boeing Co. and ...

Bloomberg Germany’s Lufthansa is considering stretching out deliveries of Boeing’s new 777X aircraft, concerned about the cost and size of the big jet as the aviation industry shifts to smaller, more nimble planes. A decision on the new timeline is “urgent” and could be reached by September, according to an internal video presentation by Lufthansa Chief Executive Officer Carsten Spohr. ...

Bloomberg Boeing Co. is delaying the delivery of Norwegian Air Shuttle ASA’s first 737 Max jet — again. The upgraded single-aisle plane will now arrive at the end of June, the discount carrier said in an emailed statement. The delay is the second in about a month for Norwegian, which initially planned to receive its first 737 Max at the ...

Bloomberg British Airways flight attendants are threatening a strike, just days after a computer failure disrupted travel for more than 75,000 passengers and put the carrier’s cost cuts under scrutiny. Members of the Unite union plan to walk out from June 16 through June 19 after the airline suspended travel benefits for flight attendants who participated in 26 days of ...

Bloomberg Ryanair Holdings Plc plans to accelerate its European expansion to take advantage of financial woes at regional competitors and reduce its reliance on an uncertain UK market. Europe’s biggest discount carrier is in talks with Boeing Co. to add two or three more 737 jets to its existing delivery schedule while extending leases on 10 other planes through 2019, ...