Aviation

  Abu Dhabi / Emirates Business Etihad Aviation Group and Lufthansa German Airlines, part of Europe’s largest aviation group, on Wednesday unveiled details of a new commercial partnership. The two airline groups have concluded a US$100 million global catering agreement and a Memorandum of Understanding (MoU) to cooperate in aircraft maintenance, repair and overhaul. Addressing a press conference today in ...

  Bloomberg A long-awaited framework for allowing drone flights over people — a key step in the growth of the industry — has been put on hold because of security concerns, prompting fears that the standards will get caught up in the Trump administration’s anti-regulatory push. The dreams of companies such as Amazon.com Inc. to deliver packages via drone or ...

  Abu Dhabi / Emirates Business Etihad Airways, the national airline of the United Arab Emirates, and The Tourism Authority of Thailand (TAT) on Tuesday signed a landmark US$1 million agreement to increase tourism to Thailand. Under the new agreement, the Abu Dhabi-based airline and TAT will jointly promote travel to Thailand from priority markets including the United Arab Emirates, ...

  Bloomberg Mitsubishi Aircraft Corp., which announced a fifth delay in the delivery of its passenger jet last week, plans to boost the number of engineers at a Seattle facility by more than a third as it steps up flight tests to meet an extended deadline. The maker of the Mitsubishi Regional Jet will increase staff to more than 200 ...

  Bloomberg US airlines tumbled the most in three months as concerns mounted that President Donald Trump’s ban on travel from seven predominantly Muslim nations will lead to more restrictions on flights. Investors are fearful that the US curbs will expand or be answered with retaliation by other nations, said Joe DeNardi, an analyst at Stifel Financial Corp. Trump already ...

  Bloomberg Delta Air Lines Inc. started resuming US domestic flights after a 2 1/2-hour computer breakdown grounded about 170 flights and left passengers stranded across the country. About 80 flights scheduled for Monday have been scrapped and additional cancellations are possible, the airline said. The Federal Aviation Administration said “automation issues” at Delta were to blame. International flights weren’t ...

  Bloomberg Etihad Airways has been awarded the Islamic Deal of the Year by Global Transport Finance for its debut Sukuk. The Abu Dhabi-based national airline of the United Arab Emirates successfully completed a Sukuk issuance raising US$1.5 billion in November 2016 – the largest ever in the aviation industry in the Middle East and North Africa region (MENA). The ...

  Bloomberg Global airlines are struggling to comply with new travel restrictions after being caught flat-footed by President Donald Trump’s executive order blocking visitors from seven predominantly Muslim nations. US carriers didn’t get advance notice of the travel ban or briefings from government officials on how it should be implemented, people familiar with the matter said. The order was causing ...

  Bloomberg Qantas unveiled its new engineering facility at Los Angeles International Airport, an investment of more than US$30 million. It is one of the largest commercial hangars in North America and the first specifically designed to accommodate the Airbus A380. The 5.7 hectare hangar will be used to carry out maintenance checks on Qantas’ A380 and Boeing 747 aircraft ...

  Bloomberg Southwest Airlines Co. was eager to sign up as the ‘launch customer’ for Boeing Co.’s new 737 Max, soon to be the Greyhound of the skies as it replaces its older, less fuel-efficient cousins in fleets worldwide. But Southwest won’t be first to fly or even receive the new aircraft. That honour will go to a smaller low-cost ...