Aviation

Air Berlin seeks funding via Etihad stake in Niki Arm

  Bloomberg Air Berlin Plc is seeking a much-needed cash injection from investor Etihad Airways as the Gulf carrier draws up plans to buy a stake in the German company’s Austrian leisure arm Niki, which is being spun off and merged with a peer, people familiar with the plan said. Abu Dhabi-based Etihad will take a holding in Niki as ...

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S Africa hires Bain, Abacus to advise on state airlines

  Bloomberg South Africa hired Bain & Co. to advise on the strategy and corporate structure of the country’s three loss-making state-run airlines to improve the benefit to the state from owning the carriers. Bain, based in Boston, was awarded the contract as part of a joint venture with a South African company, Abacus Advisory, according to a posting on ...

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PIA weighs Boeing, Airbus aircraft orders

  DUBAI / Reuters Pakistan International Airlines (PIA) is evaluating an order for wide-body Airbus and Boeing jets as it looks to upgrade its ageing fleet, an executive for the state-owned airline said on Tuesday. “Boeing 777X would be a good option,” the airline’s executive director of human resources and works, Raheel Ahmed, told reporters on the sidelines of an ...

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Germany’s Eurowings hit by cabin crew strike

  Bloomberg Deutsche Lufthansa AG canceled 64 flights at its Eurowings division due to a strike by cabin crew as the German carrier braces for more severe disruption on Wednesday when its mainline pilots plan to walk out. On Tuesday, Eurowings flights to and from Dusseldorf and Hamburg were canceled due to strikes called by the flights attendants’ union Ver.di, ...

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Pilot strike may hurt Amazon’s air operation

  Bloomberg About 250 pilots employed by a subsidiary of Air Transport Services Group Inc. went on strike to protest alleged staffing shortages at the cargo carrier, threatening to ground flights for Amazon.com Inc. and DHL Worldwide Express during the busy holiday shopping season. ATSG’s ABX Air operates 35 flights a day for Amazon and 45 daily flights for DHL, ...

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Etihad Airways marks 10th anniv of flights to Bangladesh

  Dhaka / Emirates Business Etihad Airways honoured key stakeholders in Bangladesh to mark a decade of partnership and celebrate the 10th anniversary of operations between‎ Abu Dhabi and Dhaka. Diplomats, government and aviation officials were joined by corporate and travel industry partners, along with the airline’s Dhaka-based employees as Etihad Airways recognised their loyalty and support. His Excellency Dr ...

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Qatar Airways Holidays offers travellers free transit visa

  DOHA / Emirates Business Qatar Airways Holidays offers travellers from around the world the opportunity to add another experience to their already planned holiday, by stopping over in Doha on their outbound journey, for up to four days. This holiday-within-a-holiday is thanks to a new transit visa scheme that allows visitors to break their outbound journey in Doha without ...

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US$27 billion Airbus jet deal with Iran at stake

  Bloomberg Airbus Group SE said it’s evaluating the implications of a congressional vote that could block it and Boeing Co. from providing jets to Iran, though hasn’t given up on completing a $27 billion order announced in January. Airbus will wait to see how the US Senate and President Barack Obama respond to the House decision, Claude Brandes, its ...

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Emirates crash investigation to take up to three years

  DUBAI / Reuters The investigation into the Emirates jet crash landing at Dubai International on Aug. 3 will take two to three years to complete, the director general of the United Arab Emirates General Civil Aviation Authority (GCAA) said on Sunday. The crash was the first major accident in Emirates’ more-than-30-year history. All 300 passengers and crew safely evacuated ...

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Alaska Air nearing settlement with US on Virgin agreement

  Bloomberg Alaska Air Group Inc. is close to reaching a settlement with U.S. antitrust officials that will allow it to complete its proposed acquisition of Virgin America Inc., according to people familiar with the matter. The settlement with the Justice Department’s antitrust division should be announced by the end of November, said one of the people. The people declined ...

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