Aviation

  Bloomberg Russian tourists are once again traveling in large numbers to Thailand via chartered flights and using credit cards issued outside the country to get around payment difficulties, turbo-charging a gradual tourism recovery in the Southeast Asian nation. More than 44,000 Russians visited Thailand in October, compared with less than 10,000 each in the months following the start of ...

Bloomberg Most creditors of Hong Kong Airlines Ltd voted to support the carrier’s proposed HK$49 billion ($6.3 billion) debt restructuring, a step to stave off insolvency after travel to and from the city dried up the past three years. Of those voting among three classes of creditors, holders of at least 80% of the debt in each class backed the ...

Bloomberg Ryanair Holdings Plc Chief Executive Officer Michael O’Leary struck a cautious note on bookings in the first quarter, when factors like inflation, economic contraction and higher energy prices may prompt travellers to curtail spending following strong Christmas demand. “We expect it to be a little bit softer in the first quarter of next year, but then we think next ...

  Bloomberg United Airlines Holdings Inc is in late-stage talks with Boeing Co and Airbus SE as the carrier mulls narrow- and widebody models for potential blockbuster orders to bolster its fleet. The Chicago-based airline is looking at taking more than 100 Boeing 787 Dreamliners as part of a “triple-digit” twin-aisle order that CEO Scott Kirby has touted to pilots, ...

  Bloomberg Delta Air Lines Inc pilots would receive at least 31% in pay hikes over the four-year term of an agreement in principle reached with the carrier. The tentative accord — with $7.8 billion in total increased value — would also provide a one-time payment to pilots, the Air Line Pilots Association told members in an email. The agreement, ...

Bloomberg Airbus SE faces a huge challenge in reaching its target for full-year aircraft deliveries, a key metric for the European company, after November handovers fell well short of the level needed to attain the goal. The world’s biggest planemaker shipped about 55 aircraft last month, based on data from aviation analytics firm Cirium, leaving it about 150 short of ...

  Bloomberg Families flying abroad for Christmas face strikes at Heathrow airport, with baggage handlers set to walk out for three days just as the end of the school term triggers a mass exodus via the London hub. About 350 staff at Menzies Aviation, which provides ground-handling services for carriers including American Airlines and Deutsche Lufthansa AG, will strike from ...

  Bloomberg US aviation regulators plan to conduct broader safety assessments of new jetliners in an attempt to identify the kind of hidden flaws that led to two Boeing Co 737 Max crashes. The Federal Aviation Administration (FAA) issued proposed regulatory changes requiring more comprehensive and consistent reviews of aircraft technology and how different systems might interact with each other. ...

  Bloomberg The merger of Tata Group’s joint venture with Singapore Airlines Ltd into Air India Ltd should help consolidate the aviation sector in the South Asian nation and provide fresh growth opportunities for the flag carrier after years of mismanagement and losses. “India needs a high-quality, dependable long haul and ultra-long haul airline to meet the country’s air connectivity ...

Bloomberg Renault SA and Airbus SE are partnering to advance battery technology for next-generation cars and planes. Engineering teams from the companies will jointly research and develop solutions on energy storage, one of the roadblocks to longer-range electric vehicles, Renault and Airbus said. The partnership also will help Airbus develop tech linked to hybrid-electric aircraft. The pact reflects companies’ efforts ...