Aviation

Southwest’s 737 Max engines being inspected for disc flaw

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 ...

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Singapore Airlines tumbles most in six years after surprise loss

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 ...

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Branson hints at new US airline venture after Alaska spat

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 ...

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EU to remain unconvinced about US air cabin laptop ban

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 ...

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Singapore Airlines reports $99.3mn loss on cargo provisioning

Bloomberg Singapore Airlines Ltd., Southeast Asia’s biggest carrier, posted a surprise fourth-quarter loss after making a provision for its cargo unit, while the main carrier had a loss amid competition from budget operators in the region. The carrier reported a net loss of S$138.3 million ($99.3 million), compared with an estimate for a profit for S$54.3 million in a Bloomberg ...

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Deer Jet’s 787 ‘Dream Jet’ makes ME debut in Qatar

Doha / Emirates Business Leading global business aviation company Deer Jet, presented the world’s first 787 ‘Dream Jet’, with its Middle East debut, making a stopover at Doha International Airport. The ‘flying’ visit is part of a series of showcases across the globe in Deer Jet’s ‘Dreams Encounter the World’ tour of key international charter destinations. Established 22 years ago ...

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Wider laptops ban to cost passengers $1bn: IATA

Bloomberg The widening of a US ban on carrying electronic devices aboard aircraft to include flights from Europe would cost travellers in excess of US$1 billion, the head of the airline industry’s global lobby group said. Extending the curbs, which currently apply only to some US-bound services from the Middle East and North Africa, would obstruct travel and might not ...

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Boeing’s flying cash machine debuts as Lion takes first 737 Max

Bloomberg Boeing Co. delivered the first 737 Max to the jetliner’s largest customer, Lion Mentari Airlines PT, a step toward reaping a cash bounty from the best-selling aircraft in company history. The Tuesday hand-off to Lion’s Malaysia affiliate, Malindo Airways, was only one day later than first scheduled after the US planemaker quickly recovered from a possible engine manufacturing defect, ...

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TAV mulls bid for stake in Malaysia Airports unit

Bloomberg Turkey’s TAV Havalimanlari Holding AS will bid for the Istanbul unit of Malaysia Airports Holdings Bhd if a stake in the operator of Turkey’s second-biggest airport is put up for sale. TAV is ‘definitely interested’ in looking at Istanbul Sabiha Gokcen Airport should requests for proposals be made, Chief Executive Officer Sani Sener told reporters. Malaysia Airports plans to ...

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Airbus flier Vistara seeks Boeing pilots for hiring

Bloomberg Vistara, Singapore Airlines Ltd.’s Indian venture that operates an all-Airbus fleet, is seeking to recruit pilots trained on Boeing Co. aircraft, people familiar with the matter said. The airline is hiring first officers with at least 750 hours of experience flying Boeing aircraft, according to a letter the New Delhi-based airline sent to pilots, the people said, asking not ...

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