Bloomberg Italy’s new government is reviewing options for retaining oversight of ITA Airways, in a strategic volte-face that risks becoming a major stumbling block for potential suitors like Deutsche Lufthansa AG. Options under review by Prime Minister Giorgia Meloni’s government include seeking special powers to influence or veto governance or strategy of ITA following the sale of a stake to ...
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US lawmakers near compromise on 737 Max certification
Bloomberg US lawmakers are discussing a compromise measure that would allow Boeing Co to certify its final two 737 Max models without an expensive redesign while also adding new safety requirements. Talks involving Senate and House lawmakers ramped up dramatically after the Thanksgiving holiday, and Senator Maria Cantwell of Washington, the Democratic chairwoman of the Commerce Committee, has floated a ...
Read More »Thanksgiving air travel lagged 2019 level
Bloomberg Air travel in the US has broadly recovered from the depths of the pandemic, but passenger counts from the busy Thanksgiving period show it still has a way to go before returning to 2019’s record levels. Almost 24.6 million people went through Transportation Security Administration (TSA) screening from November 18 through November 28, according to agency data, down ...
Read More »EasyJet targets full capacity as slump boosts discount flights
Bloomberg EasyJet Plc said enduring demand for discounted flights should allow it to return to pre-pandemic levels of capacity by next summer, even as soaring inflation weighs on household incomes. Early bookings for the second half starting from April “look positive,†with ticket prices and occupancy for Easter stronger than a year ago, Luton, England-based EasyJet said in a statement. ...
Read More »Tata to merge Air India with Singapore Airlines’ Vistara
Bloomberg Tata Group will merge Air India Ltd with Vistara, which it jointly holds with Singapore Airlines Ltd, creating a behemoth in one of the world’s fastest-growing aviation markets. The deal will give Singapore Air a 25.1% stake in the merged carrier for an investment of $250 million, according to an exchange filing. Both the partners have agreed to ...
Read More »Covid cases spike in Thailand amid tourism recovery gains
Bloomberg Thailand reported a surge in serious Covid-19 infections and deaths, just as the Southeast Asian nation is seeing a rebound in foreign tourist arrivals that’s likely to gain further momentum into the holiday season. An average of 702 Covid patients were hospitalised a day, which was almost double the number from the start of the month, the Health ...
Read More »British Airways all set to double flights at Gatwick
Bloomberg British Airways PLC plans to double its operations at Gatwick Airport, rather than expand at Heathrow Airport Ltd, the Sunday Telegraph reported. The flag carrier intends to potentially double the number of aircraft based at the Sussex airport, going to between 24 and 28 planes from 14 currently, the paper said. The move comes after Heathrow was forced ...
Read More »IndiGo plans to wet lease Boeing wide-body jets to meet demand
Bloomberg IndiGo is planning to fly another airline’s Boeing Co larger jets as it tries to plug capacity gaps amid a surge in travel demand. India’s biggest airline said in a statement on Monday that it is working on finalising a contract for inducting Boeing 777 aircraft on a so-called wet lease basis for the winter schedule. Wet leasing ...
Read More »EasyJet, Rolls-Royce test engine on hydrogen
Bloomberg EasyJet Plc and Rolls-Royce Holdings Plc said they successfully tested a converted jet engine running on hydrogen for the first time, as the aviation industry takes steps to move to alternative fuels and reduce green-house emissions. The test was conducted with a converted Rolls-Royce AE 2100-A regional jet engine using hydrogen created by wind and tidal power, EasyJet said. ...
Read More »Berlin runway invasion shows hubs at risk to climate protests
Bloomberg Shuttering Berlin airport for more than two hours and upsetting the travel plans of thousands of passengers proved little more challenging than a walk in the park for four climate protesters. Video footage of the runway invasion shows two of them calmly pushing a bicycle along a country path before slipping through a hole in the perimeter fence as ...
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