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 …
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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 …
Read More »British Airways owner to return capacity to pre-pandemic levels
British Airways parent IAG SA said it will return passenger capacity almost to pre-pandemic levels at the start of next year as demand for travel holds up despite a Europe-wide surge in the cost of living. Capacity in the first quarter of 2023 is expected to be around 95% of the 2019 figure, compared with 87% in the current three …
Read More »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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