Aviation

  Bloomberg Qantas Airways Ltd.’s first-half earnings dropped less than the company’s forecast amid a recovery in the domestic market, while competition on international routes weighed on air fares. Shares jumped the most in almost eight months. Chief Executive Officer Alan Joyce, who is in the final six months of a three-year turnaround plan, said confidence is returning in the ...

  Bloomberg Air India Express, the low-cost unit of the South Asian nation’s flag carrier, has put on hold a plan to fly to Tehran amid renewed tensions between the U.S. and Iran after President Donald Trump imposed fresh sanctions on the Gulf country. Since some of Air India Ltd.’s plane purchases were funded by the Export-Import Bank of the ...

  Bloomberg The UK government is failing to show how it intends to tackle the potential environmental damage of building a third runway at London’s Heathrow Airport, according to a cross-party panel of lawmakers. Ministers are relying too much on people switching to cleaner cars to reduce particulate air pollution and have given no guarantees on air-quality targets after the ...

  Bloomberg Boeing Co.’s Super Hornet is poised for a surprising comeback thanks to President Donald Trump’s Twitter broadsides and a strike-fighter shortage caused by delays to Lockheed Martin Corp.’s F-35 program. Until recently, Boeing’s combat jet was on life support, with work at its St. Louis factory slowing to a crawl as orders dwindled. But that was before Congress ...

  Bloomberg Airbus Group SE booked new charges against the delayed A400M military-transport plane and warned that cost overruns will extend into 2018 at least, overshadowing company forecasts for increased earnings this year. Europe’s biggest planemaker announced a 2.2 billion-euro ($2.3 billion) hit to cover the cost of the latest glitches to afflict the troubled troop carrier and asked government ...

  Bloomberg India’s airlines have ordered about 850 planes valued at about $85 billion in recent years. SpiceJet Ltd., a budget carrier, says that’s still not enough to meet demand. SpiceJet, which last month ordered as many as 205 Boeing Co. jets worth $22 billion, is being rather conservative with its purchases, the carrier’s chairman Ajay Singh told a Bloomberg ...

  AP A navigation error has forced SpaceX to delay its shipment to the International Space Station. SpaceX’s supply ship, the Dragon, was less than a mile from the orbiting outpost Wednesday when a problem cropped up in the GPS system. The approach was aborted, and the Dragon backed away. NASA says neither the station nor its six-person crew was ...

  Bloomberg Air France pilots approved the carrier’s plan to carve out a new, lower-cost business to counter increasing pressure from rivals, marking a rare agreement with workers after years of contentious labor relations at the carrier. Flight-deck employees represented by the SNPL union, who account for two-thirds of pilots at the French arm of Air France-KLM Group, voted 58.1 ...

  Bloomberg Few companies have been as successful as Boeing Co. in building a cozy relationship with President Donald Trump. The question is how close is too close. The company found itself in an awkward position this week after Bloomberg reported that Chief Executive Officer Dennis Muilenburg had listened in on a phone call last month between Trump and the ...

  Bloomberg Elon Musk’s Space Exploration Technologies Corp. successfully launched its second rocket in as many months, bringing it a 10th of the way to its goal of deploying 20 to 24 rockets this year. The Falcon 9 rocket that launched SpaceX’s Dragon spacecraft separated minutes after liftoff and landed upright on Earth in its designated area. SpaceX expects to ...