Aviation

  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 ...

  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 ...

  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 ...

  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 ...

  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 ...

  Bloomberg Delta Air Lines Inc. would give its pilots a 30 percent raise over four years under an agreement in principle with the aviators’ union, potentially paving the way for a new contract after a nine-month standoff. The increase includes an 18 percent gain retroactive to Jan. 1, according to a union memo sent Friday, which was obtained by ...

Bloomberg Boeing Co. is nearing an agreement with Qatar’s flagship airline for a multibillion-dollar commercial jet order, following U.S. approval of a long-stalled sale of F-15 fighter jets to the Persian Gulf nation. Qatar Airways is in late-stage talks to acquire at least 30 Boeing wide-body jets and would take 787 Dreamliner and 777 models, said the people, who asked ...