Aviation

  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 ...

  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 ...

  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 ...

  Bloomberg Norwegian Air Shuttle ASA, the focus of protests by U.S. carriers and unions over labor practices, plans to recruit and hire commercial airline pilots in the country as the carrier expands flights out of Florida. Norwegian, supported by a fleet of Boeing Co. 787 Dreamliners, will be the only European airline to hire U.S.-based pilots, according to a ...

  Shoreham-by-Sea / AFP A dozen biplanes from the 1920s and 1930s will fly 8,000 miles from Crete to Cape Town next month in a vintage aviation rally that harks back to the early days of air travel. The pilots will fly along the Nile from Cairo to Khartoum, past the highlands of Ethiopia, down through East Africa past Mount ...

  Paris / AFP Airbus on Tuesday angrily lashed out against the Polish government’s handling of a failed helicopter deal which has caused diplomatic tensions between Paris and Warsaw. “Never have we been treated by any government customer the way this government has treated us,” Airbus chief executive Tom Enders said in a statement. The sharp criticism comes days after ...

  Geneva / AFP Circling the globe in an aircraft that used no fuel would be enough for some to rest on their laurels, but the pilots of Solar Impulse 2 spoke of their new project. “An unmanned version of Solar Impulse,” aviator and engineer Andre Borschberg told reporters when asked what groundbreaking mission the Swiss-based team was tackling next. ...

  Bloomberg Juneyao Airlines Co., which currently only flies narrowbody jets from Airbus Group SE, is considering buying 10 widebody aircraft by 2020 to expand international routes. The planes could come from Airbus or Boeing Co., Juneyao Chairman Wang Junjin said on Monday. The carrier hasn’t placed any orders, Wang said at a briefing in Shanghai on its plans to ...

  Bloomberg Etihad Airways PJSC has hired banks for a potential Islamic bond sale, according to people familiar with the matter. The third-biggest airline in the six-nation Gulf Cooperation Council mandated banks including HSBC Holdings Plc, National Bank of Abu Dhabi PJSC and Dubai Islamic Bank PJSC for the offering, said the people, who asked not to be identified because ...

  Bloomberg Norwegian Air Shuttle ASA plans to establish Buenos Aires as a hub in South America as expansion across the Americas may see round-trip ticket prices across the North Atlantic fall to $150. The discount carrier may start connecting Buenos Aires with Oslo, London and Paris in as early as 12 months once government permissions have been granted, Chief ...