Aviation

  Bloomberg Brazilian companies such as Embraer SA and Marcopolo SA are scrambling to close multibillion-dollar deals to sell planes and buses to Iran, seeking to navigate remaining U.S. financial sanctions, senior officials have said. The plane-maker is in advanced negotiations to sell at least 20 E195 jets with a total list price of more than $1 billion, while the ...

Bloomberg Ryanair Holdings Plc will add 10 new routes from Hamburg next summer as the low-cost giant seizes on a meltdown at Air Berlin Plc to offer 20 percent more flights in Germany in 2017. Ryanair will open a base in Hamburg next month, stationing two jets there and adding seven routes from the north German city to take the ...

  Bloomberg The proposed United Nations accord to limit pollution from international flights could cost airlines billions. For passengers, the price may be less than an in-flight glass of pinot noir. Airlines estimate the measure being debated this week in Montreal will cost the industry between $2.9 billion and $12.4 billion annually by 2030. Based on a handful of sample ...

  Bloomberg The airline industry’s plan to ease its impact on global warming hinges on fuels made from vegetable oil, corn and household garbage. The hitch: nobody has ever been able to produce the stuff in the volumes needed. JetBlue Airways Corp., United Continental Holdings Inc. and Richard Branson’s Virgin Group Ltd. have begun blending eco-friendly substitutes into traditional jet ...

  Bloomberg Comair Ltd. rose to a 14-month high after the South African airline’s budget unit signed a codeshare agreement with Etihad Airways for routes between Johannesburg and coastal cities including Cape Town and Durban. Comair gained as much as 8.8 percent to 4.20 rand, the highest since July 2015, and traded 6.2 percent higher in Johannesburg. About 75,000 shares ...

  Bloomberg Southwest Airlines Co.’s tentative labour agreement with its pilots, reached after more than four years of negotiations, may be in danger now that Delta Air Lines has a pending deal that would pay its aviators more. The Southwest Airlines Pilots Association is seeking to reopen some sections of an accord reached Aug. 29 and has requested a meeting ...

  Bloomberg A Russian airline entrepreneur wants to join the space race, challenging Elon Musk’s Space Exploration Technologies Corp. and Jeff Bezos’ Blue Origin LLC with a plan to launch commercial rockets. S7 Group, the owner of Russia’s S7 Airlines, agreed to buy the floating rocket platform Sea Launch from a group of investors and aims to restore its operations ...

  Bloomberg London Heathrow airport said it could make room for 25,000 more flights a year in the run up to construction of a new runway, improving global links at a time when Britain is likely to be exiting the European Union. The extra services would be added from 2021 until the opening of a third landing strip in 2025, ...

  AFP The boss of India’s newest airline Vistara has urged the government to scrap a rule that restricts carriers in the country’s cut-throat aviation sector from expanding their operations abroad. Phee Teik Yeoh, the Singaporean CEO of Vistara, which was launched last year, said in a recent interview that recent reforms were welcome but more needed to be done ...

    Bloomberg Deutsche Lufthansa AG said its Eurowings discount arm will enter a new phase of growth as the wholesale transfer of dozens of jets from Air Berlin Plc and Brussels Airlines NV doubles the size of its fleet and sidesteps union opposition to expansion. Lufthansa’s twin moves to buy Brussels Air, which has 49 jets, and take over ...