Aviation

  Bloomberg EasyJet Plc shares fell the most in almost four months after the company said a weaker pound in the wake of the Brexit referendum and higher fuel costs would weigh on full-year earnings more than expected. Shares of Europe’s second-biggest discount airline dropped as much as 9 percent, and were 8.7 percent lower at 982 pence in London …

  Dubai / Emirates Business GI Aviation, the newest name to enter the private air charter market in the UAE, is now open for bookings following the award of its GCAA Air Operator’s Certificate in December 2016. Several demo flights from its Al Bateen Executive Airport, Abu Dhabi home have been performed and recently, the privately-owned company showcased its first …

  Bloomberg Mitsubishi Heavy Industries Ltd. announced a fifth delay in handing over Japan’s first locally made passenger jet to airlines and about a 30 percent jump in development costs, raising concerns about winning new orders for the single-aisle plane. Launch customer ANA Holdings Inc. will get the jet in 2020, two years later than the current estimate, Mitsubishi said …

  Reuters Emirates is to start flying to the United States with a stop for passengers in Greece, its second so-called fifth freedom flight and a move that could anger US competitors who accuse it of competing unfairly through state subsidies. The world’s largest long-haul airline said on Monday it would start daily flights to New Jersey’s Newark Liberty International …

  AP Thick fog has caused numerous flight delays and cancellations at London Heathrow and other area airports. Travellers were advised on Monday to check their flight status before going to the airport after roughly 100 flights were cancelled and many more were delayed. The Met Office forecasting service said visibility at Heathrow had been reduced to roughly 100 meters …

  Bloomberg United Continental Holdings Inc. lifted a halt on domestic flights, ending a disruption that was caused by a computer failure. “We have resolved the issue and flights are resuming,’ Maddie King, a spokeswoman for the Chicago-based carrier, said by e-mail. “Customers may experience additional delays as we work to get flights out this evening. We apologize for the …

  AP The ship involved in the recently halted hunt for Malaysia Airlines Flight 370 returned to port in western Australia on Monday, where officials from the countries that funded the fruitless search gathered to thank them and to defend their decision to end the hunt despite recommendations from investigators that it continue. Transport officials from Australia, Malaysia and China …

  Abu Dhabi / Emirates Business Etihad Airways announced four additional weekly flights on the popular Abu Dhabi – Malé route, increasing frequency to the idyllic Maldives to 11 services a week between July 1 and September 17. The capacity increase will cater to high demand during the peak summer season. The announcement comes as the Abu Dhabi-based airline completed …

  Bloomberg The unprecedented jetliner shopping spree that’s spanned more than a decade is drawing to a close. That’s bad news for Boeing Co. and Airbus Group SE, which face slowing jet sales and the highest level of airplane-delivery deferrals in at least 15 years. Unlike past retrenchments triggered by terrorism or recession, demand has also been hurt by the …

  Bloomberg Turkey’s Pegasus Airlines is accelerating a shift to more fuel-efficient A320neo planes ordered from Airbus Group SE as a spate of terrorist attacks in the country hurts demand and curbs revenue. The low-cost carrier, owned by Istanbul-based private equity firm Esas Holding AS, will start selling older Boeing Co. 737 jets following Turkey’s worst year for tourism in …