Aviation

  Bloomberg UK holidaymakers are weathering the impact of last year’s Brexit’s vote on the pound, with passenger numbers on EasyJet Plc’s ski routes and city-break flights surging last month, according to the discount carrier. Traffic from Britain to winter sports centers gained 12 percent in February, exceeding the 10.5 percent increase across the network, EasyJet said Monday. Group-wide travel ...

  AP Air India says it has set a world record by flying around the world with an all-female crew. Press Trust of India reported that the flight flew over the Pacific Ocean from New Delhi to San Francisco on Monday, and then flew back to New Delhi over the Atlantic on Friday. Apart from the all-female cockpit and cabin ...

  Bloomberg A former close political ally of New Jersey Governor Chris Christie urged a judge to spare him prison for pleading guilty to pressuring United Airlines to fly a money-losing route convenient to his family’s weekend home. David Samson, once chairman of the Port Authority of New York and New Jersey, faces as many as two years in prison ...

  Bloomberg Boeing Co. is shrinking its Seattle-area workforce by at least 1,800 jobs this year as the company streamlines operations in a brutally competitive commercial-aircraft market. The planemaker approved voluntary layoffs for 1,500 mechanics, according to a person familiar with the situation who asked not to be named because it hasn’t been made public. Another 305 engineers and technical ...

  Bloomberg Nuclear-armed Pakistan is seeking to ramp up defense exports amid simmering regional tensions and a surge in the global arms trade. Pakistan expects to increase defense exports more than 10-fold to $1 billion within the next two years, targeting sales to countries such as Egypt, Turkey and Nigeria. Azerbaijan recently agreed to buy arms from Pakistan. The target ...

  Bloomberg VietJet Aviation Joint Stock Co. surged by the 20 percent daily limit in its trading debut on the Ho Chi Minh City Stock Exchange, reflecting investor interest in Vietnam’s first mainboard-listed carrier as travel demand soars in the nation. The stock rose to 108,000 dong at the close of trading, valuing the low-cost carrier at 32.4 trillion dong ...

  Dubai / Emirates Business SalamAir, Oman’s first budget airline, expanded its network by introducing its first international destination, Dubai. The double daily service will operate from Muscat International Airport (MCT) to Dubai World Central (DWC) before moving to Dubai International Airport (DXB) is starting from March 26. SalamAir’s growing destination network was made possible with the arrival of the ...

  Bloomberg Avianca Holdings SA’s chairman and controlling shareholder, German Efromovich, is forcing the Colombian airline into a potential deal with United Continental Holdings Inc. that will hurt minority investors, according to a lawsuit filed in New York State Supreme Court. Kingsland Holdings, the second-biggest shareholder in Avianca, is suing the Bogota-based air carrier, Efromovich and Chicago-based United, saying they ...

  Bloomberg India is considering selling a majority stake in Air India to a strategic partner after a $3.6 billion bailout failed to turn around the loss making national carrier, people with knowledge of the matter said. The proposal includes reviving Air India within five years of selling a 51 percent stake, the people said, asking not to be identified ...

  Emirates Business The Philippines’ largest airline, Cebu Pacific (CEB), flew 19.1 million passengers in 2016, an increase of 4% from the 18.4 million passengers flown in 2015. On average, CEB flights were 86% full during the year. Growth in passenger volume was largely driven by the airline’s low-cost short-haul services, and increased frequencies in key domestic markets. Specifically, the ...