Aviation

Bloomberg Asian shipments of jet fuel to Europe are soaring this month as summer holiday travel picks up and freight costs decline. Cargoes of petroleum products bound for Europe from South Korea, Singapore and China are set to rise to at least 450,000 tons in July, vessel-tracking data show. That’s the highest level since Bloomberg started tracking the shipments in ...

Bloomberg / WAM Emirates, the world’s biggest long-haul airline, said measures barring laptops from the cabins of aircraft departing its Dubai base for the US have been lifted. The moratorium, imposed in March, was removed on Wednesday following work with local authorities and regulators on implementing the ‘heightened security measures and protocols’ required by the US Department of Homeland Security ...

Dubai / Emirates Business Gulf Air on Wednesday revealed a cybersecurity step-change as part of an ongoing campaign to safeguard its operations and deliver industry-leading customer service. Gulf Air, the national carrier of the Kingdom of Bahrain, has reinforced its network perimeter to pre-empt and combat Distributed Denial-of-Service (DDoS) attacks, improve data centre and application-level security and further enhance data ...

Bloomberg Embraer SA’s E190 aircraft is flown by airlines around the world, but has struggled to find much of a home in North America. Now the largest U.S. operator of the plane may walk away, casting doubts on whether the next version of the jet can succeed in the market. JetBlue Airways Corp. plans to decide by the end of ...

Emirates Business British Airways on Wednesday announced its plans to give customers a great night’s sleep in the sky through a partnership with the luxury lifestyle brand, The White Company. The iconic British retailer will supply bedding and amenity kits in Club World as part of the airline’s £400m customer investment plan, with a focus on excellence in the premium ...

Bloomberg Airbus SE’s A380 superjumbo faces the ignominy of being broken up for spare parts if second-hand operators for the oldest jets can’t be found in coming months. The double-deckers could be “parted out” to recover engines and other spares worth at least $100 million per plane, according to German fund manager Dr. Peters, which owns four A380s due to ...

Bloomberg Turkish Airlines said it expects measures barring large electronic devices from the cabins of aircraft leaving Istanbul for the US to be lifted on Wednesday, while long-haul competitor Emirates is counting on the restrictions being removed from its Dubai hub in the near future. Shares of Turkish Air rose 2.4 percent following the comments from Chief Executive Bilal Eksi ...

Bloomberg Short-sellers who circled Air France-KLM Group earlier this year found themselves in a fight-or-flight moment, and they’ve fled. Europe’s largest airline has more than doubled in share price since the start of 2017, indicating the carrier has won the battle. Short interest has tapered to just 1.1 percent of shares outstanding on June 30 from this year’s peak of ...

Bloomberg TUI AG is considering resurrecting efforts to form a joint venture with Air Berlin Plc and Etihad Aviation Group by taking a bigger role in the endeavour than originally planned, according to people familiar with the situation. TUI is studying whether to take a majority stake or even full ownership of the proposed leisure airline — which was intended ...

Bloomberg Air Canada is eager to revive a revenue-sharing arrangement with United Airlines on cross-border routes, now that a bill in the Canadian Parliament has been introduced that could make such joint ventures easier to pass regulatory muster. “We’re definitely interested in pursuing a JV with United,” Yves Dufresne, Air Canada’s vice president of alliances and regulatory affairs, said. “The ...