Aviation

  Bloomberg Airbus Group SE booked 320 jetliner orders in December alone to rack up 731 sales for the year, extending its backlog and beating Boeing Co. In the last month of 2016 Airbus sold 98 new planes to Iran Air and 72 to Go Airlines India Pvt., while two other transactions saw 132 narrow-bodies purchased by buyers whose identities ...

  Reuters Airbus has finalised an agreement to sell more than 60 jets to Saudi Arabian budget carrier flynas, according to industry sources, a move that could help the European planemaker keep ahead of Boeing in the annual race for new orders. The order from flynas, partly owned by Saudi billionaire Prince Al Waleed bin Talal’s investment vehicle, is expected ...

  Bloomberg Airbus Group SE won an order for 35 A320-series jets from US leasing firm Aviation Capital Group, marking its first sale of 2017. The contract with Aviation Capital, a unit of Pacific Life Insurance Co., is for 30 A320neo planes, the re-engined version of Airbus’s single-aisle workhorse, together with two original A320 variants and three larger A321s. That ...

  Emirates Business Musafir.com, the UAE’s first Online Travel Agency (OTA), on Tuesday announced the appointment of Rajesh Pareek as its new Group CEO, as the company gears up for its first major round of business financing. Rajesh joins the company from Dubai International Financial Centre (DIFC), where he hadserved as Chief Financial Officer from January 2011 to December 2016. ...

  Bloomberg Deutsche Lufthansa AG and British Airways parent IAG SA closed in on Air France-KLM Group at the top of Europe’s airline rankings in 2016 as passenger traffic at the Paris-based carrier was dented by pilot strikes and sluggish demand amid a spate of terrorist attacks. Lufthansa’s traffic, or the number of customers carried multiplied by the distance flown, ...

  Bloomberg VietJet Aviation Joint Stock Co., the Vietnam carrier known for its bikini-clad flight attendants, expects profit to surge 30 percent this year on rising passengers as it prepares for its Ho Chi Minh City Stock Exchange listing debut in February. A total of 23 overseas investors bought 66.5 million shares — equivalent to about 14 percent of VietJet ...

  Bloomberg British Airways owner IAG SA’s passenger count jumped 14 percent to 100.7 million last year, propelling it past Air France-KLM Group by that measure for the first time. Customer numbers were boosted by a full year of figures from Ireland’s Aer Lingus, which IAG purchased in 2015, together with gains at Spanish arm Iberia and the Vueling discount ...

  AP Frontier Airlines says its chief operating officer (COO) left the company, the second high-level departure in less than a month at the budget airline. A Frontier spokesman confirmed that Bill Meehan stepped down last week and was replaced temporarily by Jim Nides, the company’s vice president of flight operations. Meehan joined Frontier in 2014 after being CEO of ...

  DOHA / Reuters Saudi Arabia appointed a new chairman of Saudi Arabian Airlines (Saudia) by royal decree in a management shake-up. Ghassan bin Abdulrahman Al Shabal was appointed chairman of the board of directors of the state-owned airline, said Saudi state news agency (SPA). Shabal will replace Sulaiman Al Hamdan, according to the airline’s website. SPA said representatives of ...

  Bloomberg For those who insist that traveling is all about the journey, we say this: It really depends on which carrier you’re flying. Aside from variations in cabins and service quality, there’s the major concern of how likely you are to get delayed. Fly on the wrong airline and your odds of a delay are as high as 55 ...