Aviation

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  Bloomberg Middle Eastern airlines came under renewed pressure from President Donald Trump after the federal government barred passengers from carrying large electronic devices onto US-bound flights for security reasons. The ban concerns services from cities including Dubai, Abu Dhabi, Doha, Cairo and Istanbul, and could impact about 50 flights a day, with analysts predicting check-in delays as airports grapple ...

  Bloomberg British Airways will hand staff 400 pounds ($496) and a free return flight to help make up for missed bonus payments. The payout, detailed in a letter to workers seen by Bloomberg and confirmed by BA, will be made to all UK employees. Staff were due to receive only a fraction of their standard bonus because earnings fell ...

  CANBERRA / AP Five Regional Express Airlines passenger planes had been grounded as a precaution after a near disaster in which a propeller fell off an airliner as it approached Sydney Airport, the Australian airline said on Monday. A Saab 340 carrying 19 passengers and crew landed safely in Sydney on Friday after one its two propellers fell off ...

  Bloomberg President Donald Trump is calling for privatizing the nation’s air traffic control operations in his budget proposal, a top priority of the airline industry. The proposal says spinning off air traffic operations from the Federal Aviation Administration and placing them under an “independent, non-governmental organization” would make the system “more efficient and innovative while maintaining safety.” There are ...

  Bloomberg Pakistan barred the first foreign national chief executive of the state-owned national airline from leaving the country as the government begins an investigation into a plane-lease contract. Bernd Hildenbrand, the German head of Pakistan International Airlines (PIA) Corp., has been put on a so-called exit control list and the nation’s anti-graft Federal Investigation Agency has been directed to ...

  Bloomberg French authorities joined the UK in a corruption probe of Airbus Group SE centered on allegations of fraudulent practices related to selling planes and arranging aircraft financing. The probe by the Parquet National Financier follows steps by the UK’s Serious Fraud Office in August to look into possible bribery and corruption in Airbus’s civil aviation business related to ...

  Dubai / Emirates Business As passenger volumes continue to grow and airlines worldwide expand their fleets, airport infrastructure is fast becoming a growth bottleneck. Privatisation has an important role to play in eliminating this barrier to growth, according to Oliver Wyman’s ‘Leveraging the Private Sector to Improve Airport Infrastructure’ report. The paper examines the issues and challenges of airport ...

  Bloomberg Cathay Pacific Airways Ltd. set a target to save 30 percent in employee costs at its Hong Kong head office as part of the biggest revamp in two decades, amid mounting competition that caused the carrier to post its first annual loss in eight years. The savings will come from changes to middle to senior management that will ...

  Bloomberg British Airways owner IAG SA will begin offering cut-price inter-continental flights from June using a new airline to be branded ‘Level’ that could operate more than 30 aircraft. The startup will initially connect Barcelona with Los Angeles and Oakland in California, the Argentinian capital Buenos Aires, and Punta Cana in the Dominican Republic, with tickets priced from 99 ...