Aviation

Bloomberg Qatar’s state airline is set to become the biggest loser from the diplomatic breakdown in the Persian Gulf—with competitors in Dubai and Abu Dhabi also set to suffer. Some 76 daily flights are likely to be grounded, of which 52 are operated by Qatar Airways, after Saudi Arabia, Bahrain, Egypt and the UAE suspended ties with Qatar, according to ...

Bloomberg Alitalia has started an administration process aimed at finding investors willing to invest in the carrier Etihad Airways, the biggest single shareholder in Alitalia, is open to deepening its ties with the insolvent airline after investing about 1 billion euros ($1.1 billion) in the Italian company. “Strong ties continue to exist between Alitalia and Etihad Aviation Group and we ...

Bloomberg Airbus SE will refit Zodiac Aerospace seats on all of Finnair Oyj’s A350 wide-body jetliners because of quality issues, said the airline’s CEO, Pekka Vauramo. Entire business-class berths must be replaced on the nine A350s that Finnair has in operation, Vauramo said in an interview at the International Air Transport Association’s annual meeting in Cancun, Mexico. The changes will ...

Bloomberg Korean Air Lines Co. will be the first Bombardier Inc. customer to fly C Series jets outfitted with Pratt & Whitney engines revamped to address a durability issue, according to the Canadian manufacturer. South Korea’s biggest carrier is set to become the third operator of the C Series when it takes delivery of its first CS300 jets in the ...

WAM/ Reuters Etihad Airways announced that it will suspend all flights to and from Qatar until further notice, joining other regional carriers in a similar move amid a diplomatic spat between Qatar and some of its Gulf neigbhours. The move came after Saudi Arabia, Egypt, the United Arab Emirates and Bahrain severed their ties with Qatar on Monday, accusing it ...

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 ...