Aviation

  Bloomberg Singapore has put on hold a decision to buy as many as 12 of Lockheed Martin Corp.’s F-35 jets, according to information from the Pentagon’s program office. The island nation’s permanent secretary of defense development informed the US in mid-June that it was delaying final steps toward purchasing four of the fighters by about 2022, with an option ...

  Jakarta/ AFP The main airport serving the Indonesian capital Jakarta has opened a new terminal that will allow the overcrowded aviation hub to handle tens of millions more passengers a year. Air passenger numbers are soaring in Indonesia, the world’s biggest archipelago nation and Southeast Asia’s top economy, as a growing middle class increasingly chooses to fly but ageing ...

  Bloomberg Airbus Group SE said the U.K. Serious Fraud Office has opened a criminal investigation into allegations of fraud, bribery and corruption relating to some of its third-party consultants. The Toulouse, France-based planemaker said in a statement that it’s cooperating with investigators probing its civil aviation business. Airbus had flagged to U.K. regulators and the European Export Credit Agencies ...

  Bloomberg Southwest Airlines Co.’s board made no bones about its response to the labor groups that called for the ouster of two top executives: They’re not going anywhere. After the carrier’s four largest unions earlier this week called for Chief Executive Officer Gary Kelly and Chief Operating Officer Mike Van de Ven to step down, directors fired back in ...

  Nairobi / AFP When Kenya Airways published the country’s worst-ever corporate results last month, the scale of the loss revealed the effects of several disastrous decisions that the national carrier is struggling to reverse. The airline’s “Pride of Africa” slogan rang uncomfortably hollow when the 26.22- billion-shilling ($259-million) loss was announced, driven by higher borrowing costs and unfavourable exchange ...

  KUALA LUMPUR / AP Malaysia acknowledged for the first time that one of the pilots of Malaysia Airlines Flight 370 had plotted a course on his home flight simulator to the southern Indian Ocean, where the missing jet is believed to have crashed. Australian officials overseeing the search for the plane last month said data recovered from Capt. Zaharie ...

Bloomberg Air Berlin Plc is introducing business-class seats in Europe in a push to position the airline in a more lucrative segment of the market following years of losses. The carrier will begin reserving the first row of German and European flights later this year for premium customers, who will enjoy priority check-in and boarding, fast-lane security and lounge access ...

  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 ...