Aviation

No WhatsApp on flights yet as India govt weighs Wi-Fi risks

  Bloomberg Indians, the world’s second-biggest Internet users, were told to expect a decision allowing them to update their Facebook status and send WhatsApp messages from 35,000 feet as early as September. Instead, they’ve been kept in a holding pattern because of security concerns. Delays gaining regulatory approval for Wi-Fi in Indian airspace aren’t dissuading satellite operator Inmarsat Plc, which ...

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Delta pledges to slow growth to boost fares

  Bloomberg Delta Air Lines Inc. will keep a lid on growth next year as it seeks to shore up persistently weak fares. The Atlanta-based carrier plans to expand seats and flights only 1 percent in 2017, less than half this year’s pace through September. As demand catches up with slower supply growth, fares should rebound and passenger revenue for ...

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Avolon to focus on integrating CIT

  Bloomberg Avolon Holdings Ltd., the plane-leasing business of China’s acquisitive HNA Group, is focused on integrating CIT Group Inc.’s aircraft assets following the $10 billion takeover and will consider more purchases only after 2017, Chief Executive Officer Domhnal Slattery said. The acquisition, announced last week, expands Avolon’s lineup to 910 aircraft including planes on order and propels it to ...

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Air passengers with Samsung Note 7 face fines in USA

  Bloomberg Airline passengers who try to carry Samsung Electronics Co. Note 7 smartphones on flights will have them confiscated and may face fines under an emergency U.S. order that significantly expands restrictions on the devices linked to almost 100 incidents of overheating and fires. The devices won’t be allowed aboard passenger or cargo aircraft even if they’ve been shut ...

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Cathay Pacific shares hit 7-year low with outlook scrapped

  Bloomberg Cathay Pacific Airways Ltd. shares tumbled in Hong Kong to the lowest level in more than seven years after Asia’s biggest international carrier scrapped its profit outlook and said it is conducting a “critical review” of its business. The stock fell 4.7 percent to HK$10.26 on Thursday, the lowest level since July 2009, making Cathay Pacific the day’s ...

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Qantas Airways returns to Beijing after 7 years

  Bloomberg Qantas Airways Ltd. will begin daily flights between Sydney and Beijing next year, returning to the route for the first time since the global financial crisis, as a record number of Chinese tourists visit Australia. Daily services, code-shared with Chinese partner China Eastern, will start Jan. 25 next year, the Australian airline said in a statement Thursday. Qantas ...

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Boeing wins $3.2bn order from China Southern as 787 soars

  Bloomberg Boeing Co. landed a deal to sell a dozen 787 Dreamliners to China Southern Airlines Co., bolstering support for its marquee carbon-fiber jetliner in an otherwise tough market for twin-aisle aircraft. The order by Asia’s biggest carrier by passenger volume is valued at $3.2 billion according to list prices, although carriers typically negotiate discounts. It comes less than ...

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Deal to double flights between London and China takes off

  Bloomberg Britain announced an agreement to double the number of flights allowed to operate between UK cities and China as Prime Minister Theresa May’s government seeks to boost inter-continental transport links following June’s vote to quit the European Union. Passenger services can now increase from the current maximum of 40 a week for carriers from each nation to as ...

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American Airlines limits growth to raise fares

  Bloomberg American Airlines Group Inc. trimmed expansion plans in an effort to bolster fares and placate investors by keeping capacity in line with demand. The carrier also joined United Airlines in providing preliminary third-quarter results of a key financial measure that were better than their forecasts, indicating that U.S. carriers are moving closer to increasing sales from each seat ...

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Monarch Airlines receives £165mn cash boost to keep flying

  London / AFP British airline Monarch on Wednesday won a cash injection from its owner, allowing the carrier to continue flying holidaymakers amid Brexit-fuelled industry turbulence. Investment firm Greybull Capital has pumped another £165 million ($203 million, 184 million euros) into Monarch, enabling the airline to retain its licence to carry on selling package holidays, it said in a ...

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