Aviation

  Bloomberg Germany is set to receive the first batch of its F-35 fighter jets in 2026, though the initial eight units will remain stationed in the US for training purposes, creating a tight schedule to build up more advanced air-defense capabilities before the aging Tornado models are retired in 2030. The procurement schedule foresees a handover in tranches, with ...

Bloomberg Delta Air Lines Inc boosted its fourth-quarter earnings outlook but trimmed the top end of a revenue forecast, keeping a bullish travel forecast even as smaller carriers see weakening demand. The largest US airline by market capitalisation updated its fourth-quarter projection and full-year outlooks for 2022 through 2024 in a statement, ahead of presentations by executives at an investor ...

  Bloomberg Embraer SA is in talks with Singapore Airlines Ltd to supply its Scoot unit with regional jets, giving the low-cost subsidiary a smaller aircraft capable of serving more destinations in the region. The airline is considering the Brazilian planemaker’s E-jets, which typically seat 80 to 146 passengers, on services within Southeast Asia, according to people familiar with the ...

  Bloomberg Britain will set a June 2024 deadline for airports to upgrade security scanners so that liquids can be packed with hand luggage, ending the requirement for items such as sunscreen and shampoo to be presented at security gates in a separate plastic bag. The introduction of cutting-edge systems will both speed up checks and improve security by providing ...

Bloomberg United Airlines Holdings Inc agreed to buy 100 Boeing Co 787 Dreamliners as part of a multibillion-dollar order for as many as 300 new aircraft, revamping the carrier’s fleet with one of the largest plane deals in recent years. The pact includes 100 firm orders for the widebody model along with options to add another 100, the companies said ...

  Bloomberg Hong Kong’s High Court approved Hong Kong Airlines Ltd’s HK$49 billion ($6.3 billion) debt restructuring plan, boosting the carrier’s chance of survival after years of financial turmoil. At a hearing, Justice Jonathan Harris said the court was sanctioning a so-called scheme of arrangements for Hong Kong Airlines. Counsel for the carrier, which is backed by bankrupt Chinese conglomerate ...

  Bloomberg TUI AG agreed on a plan to repay a chunk of its bailout package from the German government, the latest sign of the travel sector’s recovery from the coronavirus pandemic. The pickup in travel means the company can repay most of the remaining aid by the end of 2023, TUI said in a statement. The repayments will be ...

  Bloomberg Ethiopian Airlines Group wants to almost double its fleet over the next 12 years and expand its global network as Africa’s largest carrier seeks to better compete with rivals linking passengers between Asia, the Americas and Europe. The state-owned carrier — Africa’s largest airline — is looking to increase its number of planes to more than 270 by ...

  Bloomberg Thai Airways International Pcl is in talks with planemakers to add some 20 twin-aisle passenger jets, according to people familiar with the matter, as the beleaguered carrier seeks to refresh its fleet amid a travel rebound in Southeast Asia. Thai Airways held advanced discussions with Boeing Co recently about purchasing its 787-9 wide-body passenger jets, the people said, ...

  Bloomberg China’s rapid unwinding of Covid Zero restrictions has spurred a sharp recovery in the world’s biggest domestic air-travel market, throwing a lifeline to the nation’s ‘Big Three’ airlines, which have racked up billions of dollars of losses since the start of the pandemic. Domestic flight activity jumped to around 65% of pre-pandemic levels, according to Chinese aviation data ...