Aviation

Bloomberg Ethiopian Airlines was betting Airbus SE’s new A350 widebody would help it lure lucrative business-class passengers away from the likes of Emirates, but nagging delivery issues are putting Africa’s largest carrier behind schedule. The airline won’t receive 10 new planes by the end of June as planned, with some coming as late as next year, Thomas Gabreyohannes, the carrier’s ...

Emirates Business Cathay Pacific on Tuesday announced that it will be making around 600 people redundant in its head office. This is part of a transformation programme to make Cathay Pacific and Cathay Dragon more effective by improving the speed and quality of decision-making and putting a greater focus on its customers. The changes will affect senior, middle management and ...

Bloomberg China and Russia teamed up to develop twin-aisle jets that will compete with Airbus SE and Boeing Co., the planemakers who dominate passenger aircraft capable of trans-continental flights. State-owned Commercial Aircraft Corp. of China Ltd. and Russia’s United Aircraft Corp. aim to hand over the plane to customers by 2025-2027, UAC Chairman Yury Slyusar said at a briefing in ...

Bloomberg Peach Aviation Ltd. will become the first Japanese carrier to accept bitcoin as payment for airline tickets as the discount airline aims to attract more tourists from other parts of Asia. The cryptocurrency can be used to book seats starting by the end of the year, Peach said in a statement in Tokyo, adding a change in Japan’s law ...

Bloomberg Boeing Co.’s pursuit of a trade complaint against Canadian rival Bombardier Inc. at a time it’s negotiating with the government on a major sale of military aircraft is “lousy customer relations,” Canada’s ambassador to the US said. Boeing alerted Canada shortly before the company petitioned the US to probe whether Bombardier’s C Series aircraft is being sold at unfairly ...

Abu Dhabi / Emirates Business Etihad Airways on Sunday announced the year-round deployment of its award-winning Airbus A380 aircraft on the Abu Dhabi to Paris route. The superjumbo, which features ‘The Residence’ – the world’s first three-room suite on a commercial airliner – will operate from July 1 on one of its twice-daily services from UAE’s capital city to the ...

Bloomberg Southwest Airlines Co. may have sidestepped a scheduling headache by letting other carriers take the first deliveries of Boeing Co.’s upgraded 737 Max jetliners. The discount airline, the initial buyer of the plane, is awaiting inspection results for 10 engines on its future jets to see if the turbines have a potential manufacturing defect. But that shouldn’t delay Southwest’s ...

Bloomberg Singapore Airlines Ltd. shares plunged the most in almost six years after reporting a surprise loss because of intense competition, prompting Southeast Asia’s biggest carrier to kick off a review of its business. The stock slumped 7.3 percent to S$9.98, erasing S$922 million ($663 million) in market value. Chief Executive Officer Goh Choon Phong said he would leave “no ...

Bloomberg Billionaire Richard Branson signaled he may jump back into the US airline business after tussling with Alaska Air Group Inc. over how long the carrier must pay royalties on his Virgin America brand. Alaska has to keep paying ‘unless we decide to start another airline. So, we’ll see what happens,” Branson said in an interview with Bloomberg TV. When ...

Bloomberg European authorities are still resisting a US initiative to expand a laptop ban in airline cabins by questioning the potential safety risks, according to three people with knowledge of the discussions. At a meeting in Brussels, EU officials demanded the U.S. provide more specific information on how the risk of explosion of large electronic devices is greater in airline ...