Bloomberg Frontier Airlines Inc., the no-frills US carrier whose aircraft feature animals on the tails, is aiming to go public as soon as the second quarter, reports said. JPMorgan Chase & Co., Deutsche Bank AG, Citigroup Inc. and Evercore Partners Inc. are the leading underwriters on the deal, said the people, who asked not to be identified because the ...
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Lufthansa warns Brexit to hit UK airlines as EU gets tough
Bloomberg Deutsche Lufthansa AG Chief Executive Officer Carsten Spohr expects France and Germany to take a hard line against the UK aviation industry in Brexit negotiations, threatening to disrupt flight connections across Europe. “Brexit means Brexit – our industry won’t be exempt,†said Spohr, who has accompanied Chancellor Angela Merkel on state visits and discussed the matter with German, ...
Read More »Laptop ban may boost Air India’s traffic, finance head says
Bloomberg Air India Ltd., the country’s national carrier, may see a jump in passengers after the US barred people travelling by some Middle Eastern airlines from carrying large electronic devices on flights bound for the country, its finance head said. Etihad Airways PJSC, Qatar Airways Ltd. and Emirates Airline Ltd, which carry about 19 percent of travellers flying to ...
Read More »Iran gets third jet under sanctions deal
Reuters An Airbus A330 airliner arrived in Tehran, the third of 200 Western-built passenger aircraft ordered by IranAir following the lifting of sanctions on Iran last year. The long-haul A330-200 landed at Tehran’s Mehrabad airport, the official news agency IRNA reported, as flag-carrier IranAir tries to renew its decaying fleet. The aircraft joins another A330 and a smaller A321 ...
Read More »Lockheed’s $29bn copter may win Pentagon’s nod
Bloomberg The Pentagon is poised to review — and probably approve — a new helicopter from Lockheed Martin Corp. to transport heavy cargo for the Marine Corps in a program valued at as much as $29 billion. The Defense Acquisition Board has scheduled a March 30 meeting to review whether to approve low-rate production for the first 24 of ...
Read More »Emirates monitors US demand amid concerns about laptop ban
Bloomberg Emirates will adjust its offering if customer demand drops following a US ban on in-flight electronics and called for the measure to be imposed more widely. The world’s biggest long-haul carrier will be watching bookings to its U.S. destinations “very carefully” to monitor any declines, Emirates President Tim Clark said in an interview with Bloomberg TV in Dubai. ...
Read More »BA starts scanning faces to enable faster boarding
Bloomberg British Airways (BA) is rolling out technology that will allow passengers to go through boarding gates at its main London Heathrow Airport hub using facial recognition. Biometric devices at the main security-screening area in Terminal 5 capture a traveler’s features along with the boarding pass, and then a facial scan at the gate verifies the person’s identity, allowing ...
Read More »Etihad Airways Engineering receives production approval
Abu Dhabi / Emirates Business Etihad Airways Engineering become the first organisation in the Middle East to be granted with a Part21G Production Organisation Approval (POA) by the European Aviation Safety Agency (EASA). With the new approval Etihad Airways Engineering is now entitled to manufacture interior parts such as seat covers, carpets, curtains, decals and markings alongside composite and ...
Read More »Malaysia Air CEO mulls deals for 42 jets
Bloomberg Malaysia Airlines Bhd. plans to seal deals for as many as 42 wide-body jets over the next few months as the unprofitable carrier seeks to rebuild its long-haul network following a surge in demand. Terms should be agreed in the next six to eight weeks for the lease of up to a dozen used Airbus Group SE A330 ...
Read More »China Southern in talks to sell stake to American Air
Bloomberg China Southern Airlines Co., Asia’s biggest carrier by passengers, is in advanced talks to sell a stake to American Airlines Group Inc., according to people familiar with the matter. The negotiations focus on an investment of about $200 million by Fort Worth, Texas-based American in China Southern’s Hong Kong-listed shares, said the people, asking not to be identified ...
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