Aviation

  Bloomberg Ryanair Holdings Plc Chief Executive Officer Michael O’Leary said the fallout from Britain’s decision to quit the European Union will weigh on the discount carrier’s profit for as long as four years. The process of the UK negotiating its way out of the bloc, which could take two to four years, is set to depress yields, a measure ...

  AFP Air Berlin Plc announced the most sweeping job cuts in almost 40 years of flying in a bid to rescue its ailing business, slashing its fleet by half as 40 jets are leased to arch-rival Deutsche Lufthansa AG and 35 others are deposited in a new tourism arm with an uncertain future. About 1,200 of 8,650 staff may ...

  Bloomberg Delta Air Lines Inc. is studying a purchase of roomier regional jets with a list value of as much as $2.3 billion — provided the company can get the pilots’ union to accept an overhaul of the small-plane fleet. The Atlanta-based carrier told the Air Line Pilots Association it wants the option of adding as many as 50 ...

Bloomberg American Airlines is poised to clear one of the final major hurdles in the integration of US Airways on Oct. 1 when it meshes the flight operating systems of both carriers in a move that travelers shouldn’t notice. The change will unify 15,000 American, US Airways and America West pilots into one workforce and remove barriers that tied them ...

  Bloomberg Corporate pilots routinely take off without performing required safety checks, a study of thousands of flights by a trade group has found. Prompted by the 2014 crash of a corporate jet that killed billionaire Lewis Katz, which occurred after pilots neglected to ensure their flight controls worked, the National Business Aviation Association discovered that similar lapses are common. ...

  Bloomberg Deutsche Lufthansa AG is nearing an agreement to operate airplanes now flying under the Air Berlin Plc banner, according to two people with knowledge of the matter, letting Lufthansa bolster its discount flights as Air Berlin cuts back its routes. Lufthansa’s supervisory board on Wednesday will review a plan to let its Eurowings low-cost arm use about 40 ...

  Bloomberg Avianca Brasil, one of the airlines controlled by Jose and German Efromovich, is seeking to sell an ownership stake of as much as 20 percent for more than $150 million, said a person with direct knowledge of the matter. The carrier hired UBS Group AG to advise on the potential transaction and the sale process has started, said ...

  Bloomberg EasyJet Plc appointed Christine Browne, a former executive at tour operator TUI AG’s airline division, as chief operating officer amid efforts to reduce costs and ride out turmoil across the European market that’s eating into the discount carrier’s profit. Browne, 56, will leave a non-executive post on EasyJet’s board to take up her new position as of Oct. ...

  AP Fifteen current and former Air France workers went on trial on Tuesday for alleged violence during a union protest last year at the airline’s headquarters that saw two company executives flee over a fence with their shirts ripped off. The incident, caught on camera, was a high-profile example of the often strained relations between French workers and their ...

  Bloomberg The aviation industry is supporting a United Nations proposal to limit pollution from international flights even though the measure may eventually cost companies $24 billion annually. Trade groups representing United Continental Holdings Inc., Boeing Co. and other industry leaders are pushing nations to join the agreement, which would require companies to offset their emissions growth by funding environmental ...