Aviation

  Bloomberg Royal Jordanian Airlines has reached an agreement with Airbus to introduce 20 new factory-built A320neo family aircraft to its fleet, replacing the 13 A320ceo currently in service, the airline’s CEO Samer Majali said in an emailed statement. The move is part of the airline’s plan to increase its total fleet size from 24 to over 40 aircraft in ...

  Bloomberg A Hong Kong-based airline backed by the failed Chinese conglomerate HNA Group Co. Ltd. aims to restructure HK$49 billion ($6.2 billion) of debt through UK and Hong Kong courts to stave off insolvency. Hong Kong Airlines is seeking court approval to convene meetings of its creditors and put forward its restructuring proposal, which would include a significant haircut ...

Bloomberg United Airlines Holdings Inc. plans to suspend service at New York’s John F. Kennedy International Airport, following through on a threat earlier this month to halt flights if regulators don’t allow the carrier to expand there. The decision will only affect four daily flights. The carrier’s New York-area presence is largely concentrated at nearby Newark Liberty International Airport in ...

  Bloomberg Russia has lost its seat on the governing council of a UN agency that supports the cooperation and coordination of civil air travel among 193 countries. Russia failed to get enough support to keep its seat on the 36-member governing council of the International Civil Aviation Organisation, or ICAO, according to results. A spokesman for ICAO did not ...

  Bloomberg Financial worries may have bumped the pandemic as a top concern for travellers, but close to two-thirds of Americans still plan to hop on at least one overnight leisure trip in the upcoming three months—which include the holiday season. Of those travellers, nearly half are planning to visit friends and relatives. “Despite the challenges facing our industry, the ...

  Bloomberg China formally certified its homegrown aircraft to take on Boeing Co and Airbus SE in the highly lucrative market for narrowbody jets, according to the official Xinhua News Agency. The announcement of the certification of Commercial Aircraft Corp of China Ltd.’s C919 was made in Beijing, with President Xi Jinping and other high ranking Chinese government officials attending ...

  Bloomberg US aviation regulators warned Boeing Co. that its 737 Max 7 model is at risk of missing a key deadline later this year, potentially forcing the planemaker to carry out an expensive and complex redesign of the aircraft. The Federal Aviation Administration’s chief of aircraft certification told Boeing that the agency had approved less than 10% of the ...

  Bloomberg Hong Kong will give away 500,000 plane tickets to lure visitors back to the financial hub when the government removes all remaining restrictions on inbound arrivals, local media outlet Sing Tao reported in a column, citing people it didn’t identify. Chief Executive John Lee may announce the plan to return to normalcy in his October policy address, unless ...

  Bloomberg Air India Ltd. is considering raising at least $1 billion in a funding round that could value the carrier at around $5 billion, according to people familiar with the matter. The carrier, controlled by India’s oldest conglomerate Tata Group, is in discussions with potential investors including private equity funds and sovereign wealth funds, said the people. Air India ...

  Bloomberg JetBlue Airways Corp decided to partner with American Airlines Group Inc. because of the legacy airline’s access at congested airports in New York, JetBlue Chief Executive Officer Robin Hayes told a Boston court. The alliance, which is being challenged by the Justice Department in federal court in Massachusetts, rankled rival Southwest Airlines, which had unsuccessfully sought to raise ...