Aviation

  Bloomberg Deutsche Lufthansa AG flight attendants approved a three-year contract to end one of the airline’s long-running disputes over pay and pensions that have led to strikes. The accord with the cabin-crew union UFO will lead to savings in the mid-double-digit millions of euros in labor costs and reduce pension commitments by a high triple-digit million-euro amount, Lufthansa said ...

  Emirates Business ANA Holdings Inc., the world’s biggest operator of Boeing Co.’s Dreamliner jet, will halt some services using the 787 saying it found an issue with the plane’s engines. Japan’s biggest airline will stop some services starting on Friday, Wataru Yoshioka, a spokesman for the Tokyo-based company said on Thursday. The airline’s fleet of 50 787s are all ...

  Bloomberg Qantas Airways Ltd. announced its first dividend since 2009 and handed bonuses to 25,000 workers as Chief Executive Officer Alan Joyce’s turnaround program delivered a record annual profit. Australia’s biggest carrier will pay a final dividend of 7 Australian cents a share and buy back as much as A$366 million ($279 million) of stock, according to a filing ...

  Doha / AFP Qatar Airways, sponsors of FC Barcelona, have branched into a new sport signing a deal with Australian Football League team Sydney Swans, the airline announced on Tuesday. The three-year deal will allow Qatar Airways to receive “prominent branding” at Sydney’s home games and at the club’s training grounds, the airline said in a statement. “We strongly ...

  Bloomberg Cathay Pacific Airways Ltd., Asia’s biggest international carrier, applied to raise $2 billion in debt over the next 12 months. The medium term note program, arranged by HSBC Holdings Plc, is expected to take effect on Wednesday, Cathay Pacific said in a statement to the Hong Kong Stock Exchange late Tuesday. Such debt programs are offered to institutional ...

  Bloomberg Spain’s Nazca Capital is weighing a sale of its private-jet operator Gestair after merging the business with a competitor last year, people familiar with the matter said. Gestair, which manages executive aircraft and runs chartered flights, could attract interest from aviation companies and other buyout firms in a sale, the people said, asking not to be identified because ...

  Bloomberg Qantas Airways Ltd. shareholders have cheered Chief Executive Officer Alan Joyce’s efforts to turn around the marquee Australian carrier, helping the stock more than triple in under three years. Now they want to see a roadmap for reinstating dividends. Australia’s biggest airline, which has withheld dividends for seven years, is expected to announce Wednesday record annual profit because ...

  Emirates Business All of its commercial and business activities are now carried out in the second floor of the plush Sharaf Building owned by the Sharaf Group, who has also been SriLankan Airlines’ General Sales Agent in Dubai since June 1. Some of the dignitaries that graced the occasion were –Mr.Charitha Yattogoda, Consul General for Sri Lanka in Dubai, ...

  Bloomberg Airline miscues — such as the computer glitches that grounded hundreds of thousands of passengers this summer — are now the biggest cause of flight delays in the US Late arrivals triggered by mechanical breakdowns, a lack of flight crews and other factors attributed to the airlines were the largest category of delay last year for just the ...

  Bloomberg Delta Air Lines Inc. offered its 13,000 pilots a raise of about 27 percent over four years, significantly less than what the employees have proposed in contract talks that have lingered since the beginning of the year. The carrier’s proposal was disclosed in a letter to pilots from John Malone, chairman of the Delta chapter of the Air ...