Aviation

  NEW YORK /AFP More unexpected costs in its huge refueling tanker program for the US Air Force and slower commercial aircraft deliveries dented Boeing’s first-quarter earnings, the company reported. Boeing took a $156 million charge for unanticipated costs in the KC-46 programme, pushing earnings for the quarter ending on March 31 down 8.8 percent from a year ago to ...

  Bloomberg Vietnam Airlines Corp., which sold shares in an initial public offering 17 months ago, expects to get them listed “some time later this year” after closing a deal with ANA Holdings Inc., Chief Executive Officer Pham Ngoc Minh said. The shares of the state-owned carrier may start trading on the Ho Chi Minh City Stock Exchange, Minh said ...

  Bloomberg Deutsche Lufthansa AG, Air Berlin Plc and other airlines cancelled hundreds of flights in Germany on Wednesday as a strike by public-services workers at airports hobbled operations in Frankfurt, Munich and Cologne. Lufthansa eliminated 895 flights, or 60 percent of the services it had scheduled for Wednesday, Germany’s biggest carrier said in a statement. Munich airport, where a ...

  Reuters Saudi Arabia’s Flynas will decide on whether to order Boeing 737MAXs or Airbus 320NEOs before the start of the holy month of Ramadan, the airline’s chief executive announced on Wednesday. Paul Byrne told reporters on the sidelines of an industry event in Dubai that it had decided against a potential order of Bombardier’s CS300 aircraft because the plane ...

Bloomberg Qatar Airways could switch its order for Airbus Group SE A320neo jetliners to Boeing Co.’s 737 model if issues with the European aircraft’s Pratt & Whitney engines aren’t resolved by the middle of the year. Moving from the Pratt-powered variant of the revamped A320 to a version that uses engines from CFM International isn’t an option as those planes ...

  Bloomberg Saudi Arabia’s new state-owned discount carrier plans to build a fleet of as many as 50 aircraft by 2020 and will choose within weeks between narrow-body models made by Airbus Group SE and Boeing Co. Flyadeal will select either Airbus A320s or Boeing 737s that it will lease or obtain through a transfer of orders from parent company ...

  Dallas / Bloomberg Southwest Airlines Co. reported first-quarter profit that beat analysts’ estimates and said it would speed retirement of its oldest Boeing 737s to better manage pilot training for a new model of the plane. Earnings excluding some items climbed 88 cents a share, beating the 84-cent average of analyst estimates that were recently compiled. Sales rose 9.3 ...

  Bloomberg Boeing Co. is pitching some of the largest US airlines on a potential upgrade of its smallest 737 Max as it battles Airbus Group SE and Bombardier Inc. for lucrative single-aisle jet orders, people familiar with the matter said. The US planemaker is studying a potential redesign that would lengthen the frame and range for the 737 Max ...

  Bloomberg United Continental Holdings Inc.’s first-quarter profit exceeded analysts’ estimates as tumbling oil prices handed the carrier a break on fuel costs. Adjusted earnings fell to $1.23 a share, the airline said in a statement. That topped the $1.18 average of 15 estimates compiled by Bloomberg. Sales declined 4.8 percent to $8.2 billion, matching analysts’ expectations. The Chicago-based carrier ...

  NEW YORK / Reuters The US aviation regulator has ordered an urgent fix for General Electric engines on upto 150 Boeing 787 Dreamliners, a step to avoid engine failure in icy conditions. The Federal Aviation Administration (FAA) said it was requiring modifications to prevent fan blades from rubbing against the engine casing, which can cause “damage and a possible ...