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 ...
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Southwest pilot accord in jeopardy after new Delta agreement
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 ...
Read More »Russian Airline owner to challenge Musk, Bezos in space
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 ...
Read More »Heathrow to make room for 25,000 more flights
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, ...
Read More »India’s Vistara chief wants airline rule scrapped
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 ...
Read More »Lufthansa’s Eurowings gets reboot with Air Berlin, Brussels jets
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 ...
Read More »Air-rage abuses on rise says report
Bloomberg Instances of air rage on commercial flights increased again last year, and alcohol and drugs were involved in less than a quarter of cases, according to the International Air Transport Association. Some 10,854 incidents were reported to IATA by its member airlines in 2015, equating to one every 1,205 flights. That’s up from 9,316 incidents, or one every ...
Read More »Airbus combines all operating units into a single firm
Bloomberg Airbus Group SE will combine all of its divisions into a single company in a major step toward simplifying a business that spans jetliners to space launchers as Chief Executive Officer Tom Enders seeks to cut costs and speed decision-making. Fabrice Bregier becomes chief operating officer for the group, making him No. 2 to Enders, while remaining head ...
Read More »Turkey’s ambitious airline seeks to weather turbulence
AFP Even by the fraught standards of global aviation, 2016 has been tough for Turkish Airlines. In June, its main hub Ataturk International Airport in Istanbul was hit by suicide bomb attacks blamed on jihadists, and then on July 15 putschists seeking to oust President Recep Tayyip Erdogan tried to take control of Ataturk. Both incidents caused the temporary ...
Read More »ANA risks delay in delivery of Mitsubishi regional jets
Bloomberg Mitsubishi Aircraft Corp., a unit of Mitsubishi Heavy Industries Ltd., may delay the delivery of its MRJ regional jets to its first customer ANA Holdings Inc. due to the possibility of some technical modifications to the aircraft, the Japanese carrier said. The builder of Japan’s first home-made passenger jet informed of the possibility of such a risk late ...
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