Aviation

  Singapore / Bloomberg & AFP The creation of the world’s biggest alliance of low-cost airlines may signal that some of Asia’s struggling budget carriers are headed for the altar. The Value Alliance, announced on Monday, stretches from Japan to Australia and includes Singapore Airlines Ltd.’s Scoot and Nok Airlines Pcl in Thailand. The aim is to sell tickets, or even ...

  Washington / Bloomberg Southwest Airlines Co. pilots, frustrated after four years of unsuccessful contract talks, asked the carrier to guarantee it won’t force them to fly Boeing Co.’s newest 737 before the plane is negotiated into a new agreement for the 8,000 workers. Adding the 737 Max before it’s listed in a labour deal would violate a provision of ...

  Washington / Bloomberg Delta Air Lines Inc., the second-largest U.S. carrier, is trimming planned growth in the second half of this year to help counter rising fuel prices and weak foreign economies. It’s also delaying deliveries of four wide-body aircraft. The carrier will hold expansion to less than 2 percent while reducing domestic capacity increases to 2.5 percent in ...

  Paris / Bloomberg Airbus Group SE disclosed a cracking issue in its A400M military transport aircraft and said its government customers must inspect the planes and make fixes if necessary. The issue doesn’t impact flight safety, the European planemaker said. The issue was first identified in 2011 in tests before the plane went into service, Airbus said in an ...

  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 ...