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 ...
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Fingerprint scans may replace IDs at US airports
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 ...
Read More »Cathay Pacific cargo haul, not passengers, helps win hearts
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 ...
Read More »Boeing nears $5bn in Max 10 deals with Asian airlines
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. ...
Read More »American Airlines CEO seeks Wall Street buy-in
Bloomberg This should be a great time to run the world’s largest airline, with years of fat profits, record travel demand and a huge vote of confidence from billionaire investor Warren Buffett. Instead, American Airlines is trailing the market again after a lackluster 2016 and a 21 percent drop in 2015. It abandoned part of a plan to eke out ...
Read More »Emirates eyes smart goggles to shake off budget rivals
Bloomberg Emirates, hoping to shake off budget airlines coveting its long-distance customers, has set its sights on goggles. The Gulf carrier is studying ways to equip staff with augmented reality glasses that display a passenger’s name and travel habits, allowing more personalized service, Emirates’ Chief Digital and Innovation Officer Christoph Mueller said. Travellers may also be given eye-wear to help ...
Read More »Air Arabia adds Hargeisa to its growing network
Sharjah / Emirates Business Air Arabia, the Middle East and North Africa’s first and largest low-cost carrier, announced that starting July 4, Hargeisa will be the newest African destination added to its growing international network. Air Arabia marked its entry into the African market in 2004, and currently serves six destinations across Egypt, Sudan and Kenya from its main hub ...
Read More »Boeing pares 50 defense executives, eliminating management layer
Bloomberg Boeing Co.’s defense business is shedding about 50 executive positions, eliminating a layer of management and expanding the operational role of the division’s boss, Leanne Caret. Starting July 1, the $29.5 billion defense unit’s main businesses — Boeing Military Aircraft and Network & Space Systems– will split into smaller entities reporting directly to Caret, the company said in a ...
Read More »Iran confident on $3bn Boeing deal as USA mulls sanctions
Bloomberg An Iranian airline that signed a $3 billion contract at list prices with Boeing Co. is confident the deal won’t face a political backlash in Washington, days after the US Senate voted to advance a bill that could bring new sanctions against the Islamic Republic. Aseman Airlines, a private company whose largest owner is Iran’s National Pension Fund, signed ...
Read More »Etihad Airways appoints new general manager in Oman
Abu Dhabi / Emirates Business Etihad Airways, the national airline of the United Arab Emirates (UAE), announced the appointment of Hassan Al Yousuf as its new General Manager for the Sultanate of Oman. Based at the airline’s offices in Muscat, Hassan is responsible for leading Etihad Airways’ commercial operations in Oman, as it continues to grow its presence and operations ...
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