Aviation

  Bloomberg Delta Air Lines Inc. boosted its offer for a stake in Grupo Aeromexico SAB to 53 pesos a share, raising the price after President Donald Trump’s election weakened the Mexican currency. The increase from the previous level of 43.59 pesos is due to “interim exchange rate movements and other factors,” the two airlines said in a statement . ...

  Dubai / Emirates Business Global technology leader Lockheed Martin is set to showcase the latest advanced technology solutions at IDEX 2017, leading defense exhibition and conference, taking place in Abu Dhabi from February 19-23. The global leader in security and aerospace will display its latest portfolio of products and solutions, from tactical aircraft to integrated air and missile defense. ...

  Bloomberg The Philippines’ largest carrier, Cebu Pacific Air, through its wholly-owned subsidiary Cebgo, recently accepted delivery of its third ATR 72-600 High Capacity aircraft. This aircraft is the first ATR 72-600 delivered for this year, bringing the airline’s total fleet to 58. The carrier also chose the lightest aircraft seats in the world, Expliseat, for all 16 aircraft, two ...

  Bloomberg President Donald Trump called the US air-traffic system ‘obsolete’ in comments that were cheered by proponents of taking the job of monitoring the skies away from government. Trump, speaking at a meeting of airline executives and other aviation industry officials, made the strongest comments to date from the White House on problems with the air-traffic system. He echoed ...

  BERLIN / AP German firefighters on Sunday evacuated hundreds of passengers at Hamburg Airport after about 50 people were injured by an unknown hazardous material that likely spread through the airport’s air conditioning system. All flights were halted for several hours due to the evacuation, but air traffic started running again around 2 p.m., airport spokeswoman Karen Stein said. ...

  Bloomberg The Oneworld alliance, which includes British Airways and American Airlines, is reviewing the case for seeking members from the ranks of discount carriers while exploring measures to fill gaps in emerging markets. Rob Gurney, who took over as Oneworld’s chief executive officer in October, said he’s considering the group’s approach to low-cost operators that account for an ever-increasing ...

  Reuters Kenya Airways is considering offering higher wages to entice back dozens of engineers who quit the loss-making carrier to join Gulf-based airlines in the past year, its chairman said. The airline, part-owned by the state and part-owned by AirFrance KLM, sank into the red four years ago after tourism slumped following a spate of attacks in Kenya by ...

  Bloomberg The decision by American Airlines Group Inc.’s chief executive officer to skip an industry meeting with President Donald Trump is drawing criticism from the carrier’s pilots union. CEO Doug Parker’s failure to attend has “shaken our confidence” in his judgment, Dan Carey, president of the Allied Pilots Association, said in a statement Friday. “For our airline’s CEO to ...

  Bloomberg For at least a decade, Ryanair Holdings Plc CEO Michael O’Leary dreamed about coming to America, bringing the Irish carrier’s insanely low fares to the other side of the pond. Expand west to the largest aviation market. Price the cheapest seats at $10. Offer business class up front for those willing to pay. A leader among ultra low-cost ...

  Bloomberg Boeing Co. won orders for 39 wide-body aircraft from Singapore Airlines Ltd. as Southeast Asia’s biggest long-distance carrier upgrades its fleet over the next decade with more fuel-efficient models in an effort to cut costs. The airline agreed to buy 20 777-9s, which are set to debut at the decade’s end, and 19 787-10s, the longest Dreamliner model, ...