Aviation

  San Francisco / AFP GoPro announced the recall of all Karma drones sold since sales launched last month. The company said it is recalling all of the approximately 2,500 Karma drones it has sold due to instances when power cut out during flight. “Safety is our top priority,” GoPro founder and chief executive Nicholas Woodman said in a release ...

  Bloomberg BP Plc will invest $30 million in Fulcrum BioEnergy Inc., which makes biofuel from garbage, in a new partnership designed to curb airplane pollution. The London-based oil-producer also signed a 10-year deal to buy 500 million gallons (1.9 billion liters) of biofuel from Fulcrum’s North American plants, according to a statement by BP. BP will distribute the aviation ...

  Bloomberg The latest Google drones have just started taking flight in the real world. But the team behind the technology is slowing down, trimming headcount and shelving initiatives as the experimental unit becomes the latest target of tightening budgets across parent company Alphabet Inc. Project Wing, a unit of Alphabet’s X research lab, nixed a partnership with coffee giant ...

  Bloomberg Southwest Airlines Co. pilots approved a new contract that will boost pay almost 30 percent over its term and improve retirement benefits while falling short of recent raises proposed at some rival US carriers. The agreement was approved by about 84 percent of those voting, the Southwest Airlines Pilots’ Association said in a statement. The labor group, which ...

  Bloomberg Ryanair Holdings Plc plans to buy back as much as 550 million euros ($609 million) of stock after record passenger numbers over the summer helped second-quarter profit beat analyst estimates. The shares rose. Profit after tax increased 8.2 percent to 912 million euros in the three months through September, Dublin-based Ryanair said on Monday. Analysts predicted earnings of ...

  Emirates Business Etihad Airways, the global airline partner of 15 Taste Festivals across the world, is bringing world-class chefs to ‘Taste of Abu Dhabi’ to compete in the final ‘Taste the World’ competition, from November 10-12. The 10 renowned chefs taking part in the event will compete to reveal who amongst them epitomises Etihad Airways’ food philosophy, which aims ...

  Bloomberg Qatar Airways expects to finalize plans to buy a 49 percent stake in Meridiana Fly SpA by the end of January, which would end a long spat with unions over job cuts at the ailing Italian carrier. Completion of the deal, which was agreed in July, depends on Meridiana meeting certain unspecified conditions, Qatar Airways Chief Executive Officer ...

  Bloomberg John Rothery said his goodbyes, handed in his badge and walked away from Boeing Co. He had worked on almost every commercial jet model over four decades, from a 707 bristling with military radar in the late 1970s to today’s sleek 787 Dreamliner. The date, October 3, had been circled on Rothery’s calendar for more than a year. ...

  Bloomberg As space in economy class becomes ever more constrained, airlines have devised a more spacious cabin product for passengers priced out of business class but determined to escape the indignities of steerage. Called “premium economy,” this section of added frills between coach and business aims to address a widening gap that has emerged between those cabins—and to extract ...

  Bloomberg An engine on an American Airlines plane that exploded on a Chicago runway October 28, triggering a massive blaze, had an apparent manufacturing defect, US investigators said. A disk within the General Electric Co. CF6-80 engine had an “internal inclusion,” meaning some type of foreign debris was embedded within the special alloy designed to withstand the heat and ...