Paris / Bloomberg Air France, hobbled by a strike involving more than a quarter of its pilots, said about 80 percent of its flights would operate on Saturday and Sunday. Air France-KLM Group’s French arm will maintain more than 80 percent of scheduled long-haul flights and about 70 percent of European services on Sunday, it said in a statement, ...
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Pioneering solar pilots ‘make sci-fi a reality’
New York / AFP The Swiss pilot readying to cross the Atlantic in a solar-powered plane on the next leg of a record-breaking, round-the-world mission says he is making science fiction reality. Bertrand Piccard, a psychiatrist and balloonist, will next command Solar Impulse 2 when meteorologists determine the best five-to-six day window for the ocean crossing from New York ...
Read More »Sun-powered Solar Impulse 2 plane flies over Statue of Liberty
New York /Â AFP The Solar Impulse 2 aircraft flew by the Statue of Liberty early on Saturday, ending the US portion of its bid to circle the globe using only solar power. “It’s absolutely incredible,” Swiss pilot Andre Borschberg said over a live video feed as the iconic statue lit up the night below him. “It’s a dream here.” ...
Read More »Latam Airlines to cut A350, 787 orders as Brazil traffic slumps
La Paz / AFP Latam Airlines Group SA, the biggest carrier in South America, said a slump in Brazilian traffic means it’s likely to cancel or delay some of the 53 wide-body jet orders placed by constituent units before a 2012 merger. Latam is reviewing some of the 27 Airbus Group SE A350s going to Sao Paulo-based TAM and ...
Read More »JetBlue trims growth plans on revenue woes
Washington / Bloomberg JetBlue Airways Corp. cut its planned growth for this year, grappling with disappointing results for a key measure of revenue just as fuel prices threaten to crimp profit. The airline said it will increase flight and seat capacity between 8 percent and 9.5 percent this year, down from previous plans of as much as 10.5 percent ...
Read More »India defers plan to raise FDI limit in civil aviation to 74%
NEW DELHI / Tribune News Service The aviation ministry has decided to shelve a proposal to raise the foreign investment limit in Indian airlines to 74%. Foreign airlines are currently allowed to own as much as 49% in a local airline. The proposal to raise the foreign investment limit was part of the draft civil aviation policy, which is ...
Read More »Airbus to sell stake in Dassault Aviation
Paris / Bloomberg Airbus Group SE is close to selling off its remaining holding in Dassault Aviation SA as the European aircraft maker disposes of assets to focus on its core businesses, people familiar with the matter said. Airbus is working with advisers, and a sale could come as soon as this week, the people said, asking not to ...
Read More »Gulf Air cuts losses by 62%
Dubai / AFP Bahrain’s struggling carrier Gulf Air said on Thursday it reduced losses by 62 percent last year as a result of the company’s restructuring. Losses fell from 62.7 million dinars ($166.29 million) in 2014 to 24.1 million dinars ($63.92 million) last year, Gulf Air said in a statement. “I am delighted with these results. 2015 delivered the ...
Read More »Airlines exit Nigeria on slowing economy
New York / Bloomberg Iberia suspended its route to Africa’s biggest economy on May 12, followed by United, which informed employees that it would end flights from the US to Nigeria at the end of June because of a lack of demand and trouble collecting payments. British Airways and Emirates have said they are facing difficulties obtaining outstanding air ...
Read More »London Airport expansion risks getting lost
WASHINGTON / AFP A decision to ease the bottlenecks at London’s airports faces the threat of further delays in the aftermath of Britain’s vote over membership in the European Union on June 23, Heathrow Chief Executive Officer John Holland-Kaye said. “If we leave the EU, the main focus of government will be figuring out what it all means, renegotiating ...
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