Aviation

  Bloomberg Singapore Airlines Ltd. is fighting to prevent travellers from switching to Emirates Airline, which is offering luxuries like on-board shower, while budget carriers are chipping away at the coach class. The result: The lowest yield from passengers in six years. Yields, or the revenue earned from a passenger for flying a kilometer, was 10.6 Singapore cents in the ...

  Bloomberg The US government hopes to expedite the hiring of more than 500 security screeners to stem the long wait times expected at airports this summer. The Transportation Security Administration (TSA) wants to get those new workers in place as soon as possible, Homeland Security Secretary Jeh Johnson, who oversees the agency, said in a press conference at Washington ...

  Bloomberg Stung by competition from ultra-discount carriers, American Airlines Group Inc. and United Continental Holdings Inc. are striking back with cheap, no-frills tickets of their own. By year-end, the pair plans to lure budget travelers with basic-economy fares — inexpensive tickets that don’t include typical benefits like an assigned seat before you get to the airport. Taking a cue ...

  Bloomberg Asia’s biggest aircraft lessor is seeking to raise $1.1 billion to fund an expansion as the region is poised to become the world’s top air travel market in about two decades. BOC Aviation Ltd., the Singapore-based company that has more than 100 planes leased out to airlines around the world, will sell new and existing shares at HK$42 ...

  Honolulu / AP Hawaiian Airlines secured the right to begin flying nonstop between Tokyo and Kailua-Kona, bringing a regularly scheduled direct flight from Japan to the Big Island for the first time since 2010. The news came as the US Department of Transportation said it awarded a new nighttime departure slot at Tokyo’s Haneda International Airport to Hawaiian. Hawaiian plans ...

  Bloomberg Boeing Co. is studying redesigned versions of the 737 Max jetliner, cutting costs and rolling out more robotics in factories to keep pace with relentless competition in the global aerospace market. But there are limits to what the US planemaker will do in its battles with old foe Airbus Group SE and newer rival Bombardier Inc., executives said ...

  Bloomberg Gol Linhas Aereas Inteligentes SA posted its first quarterly profit since 2011 after the Brazilian airline trimmed operations to compensate for plunging demand in its home market. First-quarter net income totaled 757.1 million reais ($219 million), compared with a loss of 672.7 million reais a year earlier, Gol said in a statement after the close of trading in ...

  Bloomberg Aircraft-leasing firm Doric is preparing to take back five Airbus Group SE A380 superjumbos from Singapore Airlines Ltd. starting next year, in a move that would be the first test of second-hand demand for the world’s biggest jetliner. While Singapore Air hasn’t officially decided to return the planes, London-based Doric and fellow owner Dr. Peters Fund KG of ...

  Bloomberg Deutsche Lufthansa AG will rein in expansion plans this year as a glut of plane seats depresses ticket prices and travellers delay bookings amid fears of terror attacks. Capacity growth this year will be below the previously targeted 6 percent, Chief Executive Officer Carsten Spohr said in an interview in Berlin. That marks the second reduction in projected ...

  Los Angeles / AFP The Solar Impulse 2 took off from Phoenix, Arizona to Oklahoma on Thursday, resuming its record-breaking quest to circle the globe without consuming a drop of fuel. The experimental solar-powered plane, piloted by Swiss adventurer Bertrand Piccard, took off for the latest stage of its around-the-world flight aimed at drawing attention to clean energy technologies. ...