Aviation

  Bloomberg Qantas Airways Ltd. said it doesn’t want the remaining eight A380s it still has on order because the dozen it operates now are sufficient to meet demand, further dimming future sales prospects for the largest passenger plane that’s struggled to find buyers. “Our intention is that we’re not taking those aircraft,” Qantas Chief Executive Officer Alan Joyce said ...

  CONCORD / AP In a small town just south of New Hampshire’s capital, General Electric runs two plants filled with workers building jet engines for the world’s leading airlines. With 800 workers, GE Aviation is the largest employer in town. But in the next five to 10 years, about a third of those workers are expected to retire. The company ...

  Bloomberg The federal government for the first time has given permission to a private Florida company to fly a spaceship beyond Earth’s orbit and land on the moon. The Federal Aviation Administration gave clearance to Moon Express to land a washing machine-sized vehicle on the moon that would take hops across the lunar surface using engine firings instead of ...

  Bloomberg Southwest Airlines Co. Chief Executive Officer Gary Kelly pushed back against calls for his ouster by four labor groups, saying the personal attack against him is part of a negotiating ploy. “I’m not going anywhere and neither is Mike Van de Ven,” the company’s chief operating officer, Kelly said in a video posted for Southwest employees. “We have ...

  Bloomberg The US Air Force declared its version of Lockheed Martin Corp.’s F-35 ready if needed for limited combat operations, a milestone for the $379 billion program that’s the Pentagon’s costliest. The service’s announcement that the combat jet has an “initial operational capability” reflects progress after early years marked by development setbacks and rising costs. But the F-35 is ...

  AFP Australian MH370 search authorities are hopeful a wing part found in Tanzania will shed light on how the flight crashed, amid a lack of public information on debris found a year ago. As the underwater hunt far off Australia’s west coast draws to a close without any sign of the plane, there has been speculation the flight’s final ...

  Bloomberg China’s airlines, rushing to pare dollar debt as a weakening yuan adds to servicing costs, are selling local-currency bonds at the fastest pace since 2009 to trim their exposure to the greenback. The nation’s carriers, led by China Eastern Airlines Corp., have sold a combined 106.3 billion yuan ($16 billion) of bonds in the first seven months of ...

  Bloomberg Deutsche Lufthansa AG’s average ticket prices fell in the second quarter as a drop in demand stemming from terrorist attacks in Europe was met by too much seating across the airline industry. Yields excluding currency fluctuations, a measure of average fares, declined 0.8 percent in the second quarter, the German carrier said Tuesday. That caused unit revenue, the ...

  Bloomberg IndiGo, the biggest customer for Airbus Group SE’s A320neo jets, is considering slowing deliveries of the single-aisle aircraft to give supplier Pratt & Whitney more time to make improvements to the model’s engines. Shares fell in Mumbai. The Indian carrier may seek the delivery slowdown “to allow Pratt & Whitney to catch up on the production of upgraded ...

  Bloomberg Southwest Airlines Co. pilots called for the replacement of Chief Executive Officer Gary Kelly, saying a nationwide computer outage that grounded the carrier last month capped a list of problems caused by a “misguided focus” on cost control and stock performance. “We can no longer sit idly by and watch poor decision after poor decision deeply affect our ...