Aviation

Boeing’s 737 deliveries dip in October on new fuselage flaw

Boeing Co. only delivered 27 of its cash-cow 737 jetliners last month as its quality inspectors found and fixed a flaw in some of the narrowbody jet’s frames, Stan Deal, the planemaker’s commercial chief, told investors. That’s a dip from the 37 narrowbodies that Boeing handed over in September. While the planemaker isn’t expected to reveal its full monthly deliveries ...

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Pilot strike spurs Kenya Airways to cancel 75% flights

Kenya Airways Plc canceled about 75% of scheduled flights Monday as a pilots strike enters its third day, disrupting travel plans for thousands of passengers and hurting intra-Africa trade. The carrier scrapped 52 flights, according to a statement. The company has had to accommodate 500 passengers in hotels in Nairobi, Chief Executive Officer Allan Kilavuka said. A prolonged strike may ...

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Ryanair lifts passenger target as it shrugs off recession threat

Ryanair Holdings Plc lifted its full-year passenger goal and played down the likely impact of a recession on demand, saying bookings are looking strong as far ahead as next summer. Europe’s biggest discount airline expects to fly 168 million people in the year through March, up from 166.5 million previously, according to a statement on Monday. It said earnings should ...

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Boeing’s $14 billion Indonesia jet deal stalls over financing

Boeing Co.’s proposed sale of 36 new F-15 fighter jets and equipment to Indonesia has hit a snag over financing, according to people familiar with the matter. Executives from the US plane-maker flew to Jakarta this week to discuss the transaction with Indonesian officials on the sidelines of an annual defense exhibition, the people said, asking not to be identified ...

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Singapore Air posts second consecutive quarterly profit

Singapore Airlines Ltd. posted a second consecutive quarterly profit as it continues to rebuild from the Covid crisis, which saddled it with record losses in 2021. Net income was S$557 million ($394 million) in the three months through September, compared with a loss of S$428 million a year earlier, Singapore Airlines said in a statement. Revenue was S$4.5 billion, up ...

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China preparing plan to end Covid-19 flight suspensions

China is working on plans to scrap a system that penalises airlines for bringing virus cases into the country, according to people familiar with the matter, a sign authorities are looking for ways to ease the impact of the Covid Zero policy. The State Council, which oversees China’s bureaucracy, has asked government agencies including the civil aviation regulator to prepare ...

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Airline passengers happier now than before Covid despite delays

Airline passengers are still happier with service standards now than before the coronavirus crisis, despite many carriers suffering a summer of delays and cancellations linked to staffing shortages. Passenger contentedness has shown only a slight dip, the International Air Transport Association (IATA) said, with 80% of people in a recent survey declaring themselves very satisfied or somewhat satisfied, compared with ...

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Hong Kong Airport opens ‘skybridge’ in preparation for revival

Hong Kong International Airport (HKIA) opened a bridge connecting a terminal and satellite concourse, part of a wider HK$9 billion ($1.15 billion) upgrade even as a full recovery in air traffic remains far off. “What the airport engineers and practitioners want to make sure is we complete the facilities in advance of the demand coming up,” said Ricky Leung, HKIA’s executive ...

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Boeing rises on plan to reach $10b cash flow by mid-2020s

Boeing Co. shares jumped after Chief Executive Officer (CEO) Dave Calhoun said the planemaker could generate $10 billion in cash annually by mid-decade, once it turns around its operations after years of setbacks and miscues. The company’s stock posted the largest gain in the 30-member Dow Jones Industrial Average as executives laid out plans to speed jetliner output and return ...

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Cepsa, Etihad Airways join forces for sustainable aviation

Abu Dhabi / WAM Cepsa, a Mubadala group company, and Etihad signed an MoU to accelerate the decarbonisation of air transport by researching and producing sustainable aviation fuels (SAF). Both companies prioritise the development of these sustainable fuels as a tool to further reduce the carbon footprint of air transport and contribute to the goals of the UN’s 2030 Agenda ...

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