Aviation

  Washington / Bloomberg Boeing Co. is prepared to defend its rainmaker 737 jetliner as competition heats up at the top and bottom of the lucrative single-aisle market, Chief Executive Officer Dennis Muilenburg said. The threat to the US planemaker was underscored when Delta Air Lines Inc. announced orders last week for Bombardier Inc.’s all-new C Series jets and Airbus ...

  Bloomberg Delta Air Lines Inc.’s Ed Bastian, the incoming chief executive officer, said he has seen too many bad bets on the price of fuel for the carrier to start hedging again soon. “The reason we haven’t hedged for the last year and a half is there’s just too much volatility, and we’ve been burned,” Bastian said in an ...

  Paris / AFP Air France-KLM’s board of directors have appointed Jean-Marc Janaillac, the current head of French transport group Transdev, as the group’s new chief executive following the surprise resignation of Alexandre de Juniac. “The board has decided that MrJanaillac will be co-opted as a group director when Mr de Juniac leaves office on July 31 at the latest. ...

  Bloomberg Air Canada surged the most in two years after reporting an unexpected first-quarter profit and saying a key earnings measure would rise to a record this year. Adjusted profit was 30 Canadian cents a share, the country’s largest carrier said in a statement that was released recently. Analysts expected a loss of 19 Canadian cents, according to the ...

  Bloomberg InterGlobe Aviation Ltd., the operator of India’s biggest airline IndiGo, slumped in Mumbai after President Aditya Ghosh told analysts that a cooling issue faced by some engines powering the A320neo jets has the potential to hurt the carrier’s low-cost model. Shares of the company fell 5 percent to Rs.1,022.25 in Mumbai after tumbling as much as 6.5 percent ...

  Bloomberg India’s largest airline, which faced delivery delays for its first A320neo jets over issues with Pratt & Whitney engines, said it would consider a competing CFM International power plant for a later order. IndiGo, Airbus Group SE’s biggest customer for the fuel-efficient A320neo, has chosen Pratt for the first 150 of the aircraft, Aditya Ghosh, the carrier’s president, ...

  Paris / AFP Delta ordered 37 of Airbus’ medium-haul A321 aircraft with a catalogue price $4.2 billion (3.7 billion euros) as the US airline seeks to quickly retire older planes. “The order for the A321s is an opportunistic fleet move that enables us to produce strong returns and cost-effectively accelerate the retirement of Delta’s 116 MD-88s in a capital ...

  Paris / AFP Jean-Marc Janaillac, head of French transport group Transdev, is likely to be nominated to head Air France-KLM on Tuesday following the surprise resignation of CEO Alexander de Juniac, French economic newspaper La Tribune reported. “According to our information, the group’s nomination committee which met on Friday decided to propose Tuesday to the Air France-KLM board the ...

  Berlin / AFP Germany’s Lufthansa has postponed until September a decision on the acquisition of Brussels Airlines following last month’s deadly attacks on the Belgian capital, the airline said. The delay would allow the Belgian carrier to resume flights in the wake of the suicide bombings that targeted Brussels airport and a metro station, leaving 32 people dead, Lufthansa ...

  Reuters Qatar Airways increased pressure on Europe’s Airbus over aircraft reliability, saying it had some “issues” with the A350 passenger jet, barely a year after it entered service. “We have some issues with the A350, which was expected because it’s a new programme. However, we feel that Airbus is losing steam in resolving these problems with the A350,” chief ...