Aviation

Price war flares as airlines in India dismiss Opec deal risk

  Bloomberg Air travellers globally are bracing for higher fares after Opec decided last month to cut output. Not in India, the world’s fastest-growing major aviation market. Carriers cut fares in November, selling tickets about 12% cheaper on average for Mumbai-New Delhi flights from a year ago, according to Yatra.com, India’s No. 2 online travel agency. The steepest discounts were ...

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Boeing deepens jetliner job cuts

  Bloomberg Boeing Co. is making deeper job cuts in its commercial airplane business and planning further reductions for 2017, citing “fewer sales opportunities and tough competition.” The US planemaker will trim the workforce in its largest division by 8 percent by the end of this year compared with the January level, Boeing Vice Chairman Ray Conner and Kevin McAllister, ...

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Flybe names former head of CityJet as CEO

  Bloomberg Flybe Group Plc, Europe’s biggest regional airline, appointed Christine Ourmieres-Widener as its chief executive officer, succeeding Saad Hammad, who stood down in October after struggling to lift earnings. Ourmieres-Widener, an executive at Air France before she ran fellow regional operator CityJet Ltd. between 2010 and 2015, takes over Jan. 16, Flybe said in a statement on Tuesday. She’ll ...

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Chinese airlines flooding world with super-cheap airfares

  Bloomberg Killing four empty hours at Guangzhou airport waiting for a China Southern connection to Sydney may not be everyone’s idea of fun. For Gina Capella, it was a no-brainer. The 43-year-old Boston resident and her friend saved hundreds of dollars last year choosing China Southern Airlines Co. over a direct flight from Seoul with Korean Air Lines Co. ...

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Iran to land first Airbus jet within weeks under sanctions pact

  PARIS / Reuters Iran expects to get its first new jet within weeks under a multi-billion-dollar deal with Airbus for 100 planes, a senior official said on Monday, as Tehran and Western firms race to reopen trade almost a year after sanctions were lifted. The first of the Airbus jets should be delivered in mid-January, part of plans to ...

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Airbnb to build flight-booking tool to rival Priceline

  Bloomberg Airbnb Inc. is developing a service for booking air travel as the home-rental start-up looks to compete with Priceline Group Inc. and Expedia Inc. for more people’s online travel spending. Development of the flight-booking feature is early, and the company is considering various routes to break into the business, said people familiar with the plans. Airbnb may acquire ...

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Musafir.com partners with Visa in UAE, Qatar and KSA

  Emirates Business Musafir.com, the UAE’s first premium-experience travel website, announced a partnership with Visa across the UAE, Qatar and Kingdom of Saudi Arabia (KSA) and launch of dedicated websites for Qatar and KSA. The move is a breakthrough in Musafir.com’s regional expansion and to the continuous increase in online travel bookings in the region. “At Musafir.com we like to ...

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BA in last-ditch talks to avert strike

  Bloomberg British Airways Plc (BA) and cabin crew representatives are set to hold talks aimed at stopping strikes that would hit thousands of passengers flying in and out of the UK over Christmas, as Prime Minister Theresa May’s government clashes with unions over a wave of industrial action. The Unite trade union and BA agreed to meet in London ...

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Bombardier to close window on C Series jet discounts

  Bloomberg Bombardier Inc. gained sales momentum for its flagship C Series jetliner this year with major orders from Air Canada and Delta Air Lines. Now it’s looking to get away from the pricing discounts that fuelled the aircraft’s rebound. The plane maker expects to book new sales in the coming months after racking up 360 firm orders and more ...

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Qatar Airways to swap Airbus A320neos for A321neos

  DOHA / Reuters Qatar Airways is in talks with Airbus to convert its order for up to 80 A320neos to the larger A321neo, its chief executive said. The airline has refused to accept four A320neos so far this year over performance issues with the aircraft’s engines, a spokeswoman said. “We are in negotiations with Airbus about how we can ...

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