Aviation

Singapore Airlines mulls more debt points to potential dollar bonds

Bloomberg As Singapore Airlines Ltd. considers broadening its debt sources amid plans to spend S$30.1 billion ($22 billion), some analysts are pointing to the likelihood of a shift to US-dollar bonds and the higher borrowing costs that may entail. Chief Financial Officer Stephen Barnes said on May 19 that the carrier is looking to raise funds in different currency bonds. ...

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CEB to suspend operations in Kuwait, Doha and Riyadh

Emirates Business CEB will fly the last of its four-times-a-week service from Manila to Kuwait on June 13, and its Kuwait-Manila flight on June 14. The thrice-weekly Manila-Doha-Manila route will have its last flight on July 1. The airline’s last flight from Manila to Riyadh, Saudi Arabia will depart on July 2, while the Riyadh-Manila flight will leave on July ...

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ODG to design Muscat International Airport’s entire duty free area

Emirates Business The newly re-branded award winning Dubai based consultancy and design agency ODG (previously Open D Group, Retail Access and Sparkle), has been appointed by Oman Sales and Services (OSS) (A joint venture between Oman Air and Aer Rianta International Middle East) to design and project manage the entire duty free at the New Muscat International Airport. OSS successfully ...

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Business-jet sales struggle for lift amid Brexit, US woes

Bloomberg Selling aircraft to the world’s elite is set to remain a struggle as concerns about the fallout from Brexit and political uncertainty in the US weigh on buyers of corporate jets, according to Embraer SA. Western European markets are sluggish, and demand could dip in the US, said Michael Amalfitano, who took charge of the Brazilian company’s corporate-aircraft division ...

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Ethiopian Airlines’ business-class goals hit by Airbus delay

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 ...

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Cathay Pacific to slash 600 jobs at head office

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 ...

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China, Russia aim to deliver big jets by 2027 to take on Boeing

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 ...

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Peach Japan’s first airline to accept payment in Bitcoin

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 ...

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Canada calls Boeing’s trade challenge ‘lousy customer ties’

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 ...

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Etihad Airways to launch A380 flights to Paris

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 ...

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