Aviation

  Bloomberg Deutsche Lufthansa AG’s long-running pilot dispute reached new levels of bitterness as a failed bid to have a day-long strike declared illegal led a union to retaliate by extending the walkout by 24 hours. Lufthansa canceled 876 flights on Wednesday, disrupting travel for 100,000 people, and could lose a similar number of services on Thursday after the Vereinigung ...

  Paris / AFP The United States has approved a second export licence for Airbus to sell jetliners worth billions of dollars to Iran’s flag carrier, the European aviation giant said. “We confirm that we have received our second licence from the US Office of Foreign Control Assets following the agreement (with Iran Air) signed in January 2016 in Paris,” ...

  Bloomberg Boeing Co.’s aging Super Hornet fighter is getting a lift after Canada said it planned to purchase 18 as a stopgap measure while the government begins a five-year bidding process for new jets to modernize its fleet. The country will enter negotiations with Boeing to “immediately explore” the acquisition of the jets, and a separate competition will be ...

  Suva / AFP Fiji Airways announced on Wednesday it had ordered five new Boeing 737s — reportedly worth $470 million — as part of a fleet upgrade programme at the Pacific nation’s flag carrier. The airline said it would take delivery of two Boeing 737 MAX 8 aircraft next year and three more in 2018 to replace five earlier-model ...

  Taipei / AFP Taiwan’s troubled TransAsia Airways said on Tuesday it would close down after two deadly plane crashes, massive financial losses and an insider trading probe. Board members reached the decision at a hastily called meeting, with all flights immediately axed. Chief executive officer Liu Tung-ming bowed in a sign of contrition as he told reporters of the ...

  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 ...

  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 ...

  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 ...

  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, ...

  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, ...