Aviation

  Bloomberg United Airlines faces a new setback in its bid to win back business customers as production snags hinder deliveries of Boeing Co. jetliners outfitted with new luxury seats. “Short delays” are affecting two 777-300ER aircraft with United’s Polaris luxury interiors, said Megan McCarthy, a spokeswoman for the airline. United and the planemaker are working with French seatmaker Zodiac ...

  Bloomberg Boeing Co.’s newest and largest 787 Dreamliner took wing, dipping and soaring for almost five hours above South Carolina during its first flight. The plane’s drama-free performance brought relief to Boeing officials after delays marred the first Dreamliner’s debut in 2011. The 787-10 even took off nearly 30 minutes earlier than scheduled, at around 9:37 a.m. local time, ...

  Bloomberg AirAsia Bhd., the low-cost carrier headed by Malaysian tycoon Tony Fernandes, plans to start a Vietnamese carrier in a local partnership, as cheap fares and rising incomes fuel a travel surge in the Southeast Asian nation. The region’s largest budget airline will partner Gumin Co., Hai Au Aviation Joint Stock Co. and businessman Tran Trong Kien for the ...

  Bloomberg After three years of slashing costs and shaking up its flight routes, Frontier Group Holdings Inc. is ready to pitch its story to public investors. The no-frills carrier filed for a rare US airlines IPO with an offering size of $100 million, according to a filing Friday, which is a placeholder amount used to calculate fees and will ...

  Bloomberg Deutsche Lufthansa AG wants to add long-distance airplanes to its low-cost Eurowings arm as competition for discount travelers from Europe to the Americas intensifies. “We need aircraft beyond the seven we have,” Lufthansa Chief Executive Officer Carsten Spohr said at an aviation event, referring to the Airbus A330s based in Cologne that Eurowings uses for inter-continental leisure flights. ...

  Bloomberg Bombardier Inc. should review the bonuses it awarded top executives after taxpayers helped underwrite the company’s still-fragile recovery, Quebec Finance Minister Carlos Leitao said. “People are shocked, and I’m shocked” at the compensation, Leitao told Quebec’s TVA television network in an interview. “I’m urging the board to rethink the compensation policy. I’m inviting them to review all this ...

  Bloomberg Morton Shen, a manager at a Shanghai-based company, no longer needs to spend more than 17 hours to fly to Madrid after a layover in Amsterdam. A Chinese airline now can whisk him direct to Spain’s capital in about 13 hours for a cheaper fare. “Most travellers would prefer the direct flight as transfers waste too much time,” ...

  Bloomberg The UK could lose its air links with European Union countries after Brexit becomes a reality in 2019 if aviation isn’t made a priority in negotiations on the terms of the schism, Ryanair Holdings Plc warned. In splitting from the EU, Britain could lose even the most basic flying rights and won’t be able to simply revert to ...

  Bloomberg Delta Air Lines Inc. and Korean Air Lines Co. agreed to form a joint venture to share costs and revenue on flights across the Pacific in a bid to lure customers with more options amid intense competition. The two airlines, both founding members of the SkyTeam alliance, signed a memorandum of understanding to coordinate on schedules for a ...

  Bloomberg American Airlines Group Inc. agreed to acquire a minority stake in China Southern Airlines Co. for $200 million, cementing a partnership between the top carriers in the U.S. and Asia. China Southern will issue 270.6 million shares in its Hong Kong-listed company to the world’s largest airline at HK$5.74 apiece, the Guangzhou-based carrier said in a stock exchange ...