Aviation

China’s biggest airlines plan more international flights

  Bloomberg China’s biggest airlines are planning more international flights, a sign the government is aware of the country’s growing isolation as it persists with lockdowns and mass testing internally — hallmarks of its Covid Zero policy. China Eastern Airlines Corp., which was severely impacted by virus lockdowns in Shanghai, will operate 108 international flights a week from October 30 ...

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Bill Gates-led fund to make green jet fuel as cheap as fossil fuels

Bloomberg The burgeoning market for sustainable jet fuel will soon reach a milestone, with a plant capable of turning out for the first time a lower-emission fuel at the same price as fossil fuel-based options. But this price parity will only come as result of a $50 million grant from Bill Gates-led Breakthrough Energy, alongside support from discounted loans and ...

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Boeing offers 737 Max jets slated for Chinese customers to Air India

  Bloomberg Boeing Co. is offering 737 Max jets once slated for Chinese customers to Air India Ltd. as the plane-maker tries to offload some of the roughly 140 aircraft it’s currently not allowed to deliver. The Indian carrier, which is overhauling its fleet under new owner Tata group, is one of a number of potential customers for Boeing, which ...

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Airbus wins first third-party mission for Beluga cargo jet

Bloomberg Airbus SE is poised to carry out its first cargo flights for an external client using a fleet of giant Beluga jets originally built to ferry wings between the planemaker’s European factories. The assignment with the model, named due to the resemblance of its domed fuselage to the white Arctic whale, will be performed before the end of this ...

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Boeing 737 Max 7’s approval faces new tests from regulators

Bloomberg Boeing Co. is getting new questions from US aviation regulators about the Max 7 aircraft, making it more likely the company will be unable to complete the certification process by late December and have to undertake a costly redesign. The Federal Aviation Administration (FAA) in a letter ordered the planemaker to study the impact of pilot performance on a ...

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Lufthansa doubles 2022 profit forecast on surge in bookings

  Bloomberg Deutsche Lufthansa AG said full-year earnings will be twice as high as expected after higher ticket prices and a rebound in demand sparked an accelerated recovery from the coronavirus crisis. Germany’s flagship carrier now expects 2022 adjusted earnings before interest and taxes of more than €1 billion ($981 million), according to a statement. That compares with previous guidance ...

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United nears ‘triple-digit’ order for widebody jets

Bloomberg United Airlines Holdings Inc. is closing in on an order for more than 100 widebody jets as it studies offers for Boeing Co.’s 787 Dreamliner and Airbus SE’s A350. The transaction would be one of the largest-ever purchases of long-range aircraft. It’s part of a broader push by Chief Executive Officer Scott Kirby to upgrade United’s offering a little ...

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EU signs accord with Asean to expand flights

Bloomberg The European Union (EU) finalised a deal with the Association of Southeast Asian Nations (Asean) to expand flights between the two trading blocs following negotiations that began six years ago. The deal, signed on Monday in Bali, Indonesia, will add passenger and cargo services between and beyond both regions, boosting connectivity as Asia reopens following Covid-19 restrictions, the EU ...

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Energy costs leading small suppliers to idle plants: Airbus

Bloomberg Airbus SE Chief Executive Officer Guillaume Faury said high energy prices are weighing hard on suppliers to its jetliner programs and that some smaller firms are having to idle production. While the worst of a supplier crunch triggered by shortages of labour and raw materials may be over, the high cost of power has become a pressing issue for ...

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Eurowings pilots to stage three-day strike over workload dispute

Bloomberg Pilots at Deutsche Lufthansa AG’s discount carrier will strike for 72 hours after Germany’s Vereinigung Cockpit union called Eurowings’ latest offer “completely insufficient.” The current dispute centers “exclusively” around a reduction of pilot workload and not pay for cockpit staff, according to a statement issued by the union. The employees “have no choice but to express their displeasure about ...

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