Aviation

Delta adds diversity training for flight crews

  Bloomberg Delta Air Lines Inc. will begin diversity training for all of its flight crews after at least two widely publicized incidents where passengers said they were discriminated against or treated uncivilly on its flights. Chief Executive Officer Ed Bastian banned a passenger for life in November after the man was videotaped yelling in support of Donald Trump. A ...

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Saudi Arabia’s new airline to fly leased Airbus A320s

  RIYADH / Reuters Saudi Arabian Airlines’ budget carrier Flyadeal will lease six Airbus A320s, an Airbus executive said, a sign that the European planemaker might again have pipped Boeing in the race to win a big Middle East deal. Flyadeal, which is set to start services in mid-2017, is aiming to operate a fleet of up to 50 narrow ...

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Flynas seeks IPO regulatory approval

  Bloomberg Saudi budget airline Flynas plans to seek regulatory approval this year for an initial public offering that would make it the first carrier to be listed on the country’s stock exchange, part of a broader effort to diversity the economy in the face of weak oil prices. The closely held carrier, which announced an deal for 80 Airbus ...

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Cathay Pacific to revamp fuel hedges, workforce as shares rise

  Bloomberg Cathay Pacific Airways Ltd., Asia’s biggest international airline, plans to shorten its fuel-hedging program and revamp its workforce as part of a new business strategy to halt a slide in earnings. The shares jumped the most in nine months. The carrier “won’t hedge as far forward as we have in the past” and will “rethink its workforce,” Chief ...

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Emirates to open up Dubai luxury lounges

  DUBAI / Reuters Emirates is opening up its lounges at its Dubai hub to lower-tier frequent flyer members in what is the latest move by the world’s largest long-haul airline to look for new ways to boost revenues. Emirates had previously restricted access to these lounges to higher-tier frequent flier members and business or first class travellers. In an ...

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Stake in UK jetpack maker sold to Chinese technology investor

  Bloomberg A UK aerospace company that designs rotary engines used in jet-equipped backpacks has sold a minority stake to Kuang-Chi Group, a Chinese technology investor. Gilo Industries Group, based in Dorset, has sold a 40 percent stake for $30 million. The funds will be used to expand Gilo’s business in Asia, according to a company statement on Monday. Founded ...

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Flynas orders 60 Airbus jets worth $8.6bn

  RIYADH / Reuters Saudi Arabian budget carrier flynas is to buy 80 Airbus A320neo narrow body jets in a deal worth $8.6 billion that includes upgrading an earlier order, it said on Monday. The 80 A320neo order is valued at $8.6 billion, flynas Chairman Ayed Al Jeaid said at press conference in Riyadh on Monday. The order is for ...

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Qatar Airways seeks engine guarantees for Airbus order

  PARIS / Reuters Qatar Airways is seeking strict guarantees as it talks to CFM International about supplying engines for a revamped order for Airbus narrow-body jets, which it expects to finalise ‘soon’, its chief executive said. The Gulf airline has cancelled four A320neo jets powered by alternative Pratt & Whitney engines and expects to swap the overall aircraft order, ...

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SpaceX launches rocket, deploying 10 satellites

  Bloomberg Elon Musk’s Space Exploration Technologies Corp. returned to the skies with a flawless delivery of communications satellites into orbit, its first flight since a September 1 fireball destroyed a rocket and its payload on a Florida launch pad. A Falcon 9 rocket carrying 10 Iridium Communications Inc. satellites rumbled aloft from Vandenberg Air Force Base on California’s central ...

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‘Full’ Heathrow extends European hub lead

  Bloomberg London’s Heathrow airport, which has operated close to the capacity of its two runways since the start of the decade, eked out a further 700,000 passengers to extend its lead as Europe’s top travel hub in 2016 as growth in Paris stuttered and Istanbul and Frankfurt fell back. Heathrow’s traveller tally increased 1 percent to 75.7 million, while ...

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