Bloomberg Malaysia Airlines Bhd is considering ordering 25 single-aisle jets, probably Boeing Co. 737 Max on top of an existing firm order for 25 of those planes, according to Chief Executive Officer (CEO) Izham Ismail. “Our future network requires 50 narrowbody aeroplanes, so we have still got space for 25,†Izham said on the sidelines of an annual meeting of ...
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Boeing sees bright future in India as clouds persist over China
Bloomberg Boeing Co. sees India as key to offsetting sluggish business in China, its biggest overseas market, as it tries to seal a massive aircraft order from the South Asian nation’s flag carrier and expand its presence in the country. “With uncertainty around China, the Indian market is increasingly important to us,†John Bruns, Boeing vice president of commercial ...
Read More »United offers 5% pay hike to pilots ahead of schedule
Bloomberg United Airlines Holdings Inc. told pilots it will move forward a planned 5% pay hike to December “in a show of good faith,†days after the aviators rejected a proposed contract. The carrier decided to accelerate the raise based on its financial results through September and outlook for the rest of 2022, according to a letter sent by ...
Read More »Plane ticket bookings double in hour as China eases Covid rules
Bloomberg Bookings for flights into China doubled in the hour after the government announced an easing of restrictions for inbound travellers, including shorter quarantine, Ctrip.com said. Inbound reservations on the online travel agent’s platform were twice as high as the same hour, while international flight searches increased 200%, according to a statement on Friday. Among other measures, mandatory hotel quarantine ...
Read More »Pilot complacency blamed for Indonesia jet crash that killed 62
Bloomberg Sriwijaya Air Flight 182’s engine control system malfunctioned minutes after takeoff, leading to a crash that killed all 62 people on board in January last year, the Indonesian investigators concluded. Pilots failed to control the Boeing Co. 737-500 when one of its automated engine throttle levers began losing power, causing the plane to roll onto its side and plummet ...
Read More »Skymark Airlines to buy Boeing Max jets
Bloomberg Skymark Airlines Inc plans to modernise its fleet by adding as many as 12 Boeing Co. 737 Max jets, while the once-bankrupt discount carrier will also list on the Tokyo Stock Exchange next month. The airline intends to order four Max aircraft and lease six more, it said in a joint statement with Boeing. It will also have ...
Read More »ITA Airways gets new state funding as sale process slows
Italy is preparing to give ITA Airways a further cash injection, as the newly elected right-wing government reviews plans to sell the state-controlled carrier in the coming months. The finance ministry has approved a new outlay of €400 million ($400 million) to support ITA, the successor to failed flag carrier Alitalia, people familiar with the matter said. That would bring ...
Read More »Cathay Pacific names Ronald Lam as new CEO to lead revival
Cathay Pacific Airways Ltd. named customer chief Ronald Lam as its new chief executive officer to replace Augustus Tang. Lam, 50, will take over on January 1, Cathay said in a statement on Wednesday. He faces the challenge of leading the 76-year-old carrier out of the mire caused by Covid travel restrictions, which plunged it into crisis and sparked a ...
Read More »Latam CEO focuses on airline’s role in society after bankruptcy
The chief executive officer (CEO) of Latin America’s largest airline wants the carrier to take on a more socially conscious role after the Covid-19 pandemic forced it into bankruptcy and posed “existential questions†about its future. Roberto Alvo, who was named CEO of Latam Airlines Group just as the global pandemic began to unfold in early 2020, said the company ...
Read More »Virgin Atlantic seeks new operating slots at Heathrow
Virgin Atlantic Airways Ltd. is seeking additional operating slots at London’s Heathrow Airport as the carrier looks to add more routes to the US and Asia with the arrival of new jets from Airbus SE. The airline, which narrowly avoided collapse during a funding squeeze at the height of the coronavirus crisis, is seeking takeoff and landing positions at Europe’s ...
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