Aviation

  Bloomberg Saudi Arabia will transfer airports to its sovereign wealth fund by mid-2018, as part of a nationwide privatization drive spurred by low oil prices. Airports will be turned into companies before being handed over to the Public Investment Fund, to help improve accountability, Faisal Al-Sugair, chairman of Saudi Civil Aviation Holding Co., said in a phone interview. The ...

  Abu Dhabi / Emirates Business Etihad Airways Engineering (EAE) signed an agreement with Diehl Aerosystems to jointly design, manufacture and install the first serial produced 3D-printed cabin plastic part on an aircraft for one of its customers. Additive manufacturing – commonly referred to as 3D-printing – reduces lead time in design, decreases production cost of and enables speedier manufacturing. Etihad ...

  Bloomberg Airbus SE is being sued by some former consultants after the earlier discovery of questionable practices related to aircraft sales led the European planemaker to overhaul its business-partner relationships. The review and related legal matters may have a material impact on future financial statements, Airbus said this month in its annual report. It is “too early to determine ...

  CHARLOTTETOWN / AP Air Canada is apologizing to a Canadian family after the airline bumped a 10-year-old boy from a flight. Brett Doyle booked four tickets from Charlottetown, Prince Edward Island to Costa Rica for his family last August. A day before the vacation during March break, Doyle says he checked his family in for the flight online, but ...

  Bloomberg Deutsche Lufthansa AG said starting a domestic airline in India, the world’s fastest growing aviation market, will be a “misadventure” because of high jet fuel taxes and the cost of operations. Lufthansa’s comments come weeks after Qatar Airways Ltd said it plans to start an airline in India with as many as 100 planes, as the Gulf carrier ...

  DALLAS / AP United Airlines’ profit plunged 69 percent in the first three months of the year, and that was before the terrible publicity surrounding the dragging of a bloodied passenger off a plane. The cost of fuel, labor and maintenance all rose sharply in the first quarter, helping push United’s profit down to $96 million, despite higher revenue. ...

  Dubai / Emirates Business Etihad Aviation Group (EAG) deployed pilots and engineers at Think Science 2017 to promote aviation careers as part of national efforts to engage youth in science and technology. The event from April, 18-20 at Dubai World Trade Centre (DWTC) is organised by Emirates Foundation and is one of the largest science fairs in the region. ...

  Bloomberg A Southwest Airlines Co. pilot was arrested after a loaded handgun was found in his carry-on bag while going through a security checkpoint at an upstate New York airport, federal officials said. The first officer’s name wasn’t released in a statement issued Monday by the Transportation Security Administration. He was arrested on a weapons charge after an X-ray ...

  Bloomberg United Continental Holdings Inc. changed its policy on employee travel and will now ensure crews riding on its aircraft as passengers are booked at least 60 minutes before departure, according to a statement from the company. The change, issued Friday, came after the backlash created by a video showing a United passenger being pulled from his seat and ...

  Dubai / Emirates Business The Philippines’ leading airline, Cebu Pacific, offers a special all-in seat sale for its flights from Dubai to the Philippines. For as low as AED149 all inclusive, travelers from Dubai can fly non-stop to Manila from September 1 to March 31, 2018. The sale period runs from April 16 to April 22, or until seats ...