Aviation

  Bloomberg Ryanair Holdings Plc surprised investors by sticking to its fiscal 2017 profit forecast with a plan to lower fares to lure more passengers even as Britain’s decision to quit the European Union and a string of terrorist attacks in major European markets weigh on demand. Europe’s largest discount airline plans to carry 117 million passengers in the 12 ...

  Bloomberg Global airlines will need to hire 30,850 pilots a year for the next two decades to keep pace with new planes on order and surging demand for air travel, according to a forecast by Boeing Co. Carriers will need to recruit and train about 617,000 pilots to fly the 39,620 aircraft, valued at $5.9 trillion, that the U.S. ...

  AFP Solar Impulse 2 was on Monday approaching the end of its epic bid to become the first sun-powered airplane to circle the globe without a drop of fuel to promote renewable energy. When the experimental aircraft touches down in Abu Dhabi in the early hours of Tuesday it will cap a remarkable 42,000-kilometre (26,097 mile) journey across four ...

  AFP With a chicken sandwich, hot coffee and donuts, aviation history was made on Friday. These were among the items in the first drone delivery on US soil approved by aviation officials, made by convenience retailer 7-Eleven and the drone startup Flirtey. The delivery took place in Reno, Nevada, with the items loaded into a special box for hot ...

  Bloomberg American Airlines’s decision to postpone delivery of nearly two dozen of Airbus Group SE’s sleek, fuel-efficient A350 jetliners amplifies concerns that demand is sagging for international air travel and large new aircraft. Wide-body sales have stalled this year as inexpensive fuel and a glut of readily available used jets diminishes airlines’ need to upgrade their fleets. Airbus and ...

  Bloomberg American Airlines Group Inc. will defer delivery of 22 wide-body aircraft to spread out more than $1 billion in spending. The world’s largest airline reached an agreement with Airbus Group SE to take A350 XWB aircraft from late 2018 through 2022, deferring each plane’s arrival by an average of 26 months. American previously was to get the first ...

  CAIRO / AFP The first solar-powered plane to circle the world took off from Cairo on Sunday for Abu Dhabi, in the final leg of its journey. Swiss pilot Bertrand Piccard was behind the controls of Solar Impulse 2, which can fly for days on only energy from the sun. “It’s a project for energy, for a better world,” ...

  Bloomberg Wizz Air Holdings Plc cut UK capacity-growth plans for the rest of this year by half as Britain’s vote to exit the European Union is set to weigh on fares and demand. Wizz Air will add just two aircraft to serve new UK routes instead of four and won’t increase the number of flights serving existing routes to ...

  Bloomberg United Continental Holdings Inc. rose to its highest value in almost three months after Chief Executive Officer Oscar Munoz said he is reviewing all aspects of the airline’s operations in an effort to boost profitability. “It is a top-to-bottom, full-scale view on everything that we do,” Munoz said. “It’s something that we have to do and acknowledge, and ...

  Bloomberg Boeing Co. said it expects to report a $2.1 billion after-tax accounting cost for the second quarter as it absorbs expenses from programmes with well-publicised stumbles: the 787 Dreamliner, the 747-8 jumbo jet and a refuelling tanker for the US Air Force. The largest blow is related to the Dreamliner, Boeing’s carbon-fiber jet, which debuted more than two ...