Aviation

Virgin Atlantic pulls out of Hong Kong, closes offices

  Bloomberg Virgin Atlantic Airways Ltd. is pulling out of Hong Kong for good, cancelling flights and closing its offices in the Asian financial hub, ending a 30-year history in the city. The UK airline said in a statement that several factors contributed to its decision, including, on the basis of Russian airspace remaining closed, that Heathrow-Hong Kong-Heathrow flight times ...

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Airbus to auction off pieces from its A380 superjumbo

  Bloomberg Plane aficionados now have a chance to own a piece of one of the world’s most iconic aircraft — Airbus SE’s A380, the largest and most spacious passenger jet. Airbus is holding a three-day auction of some 500 pieces of the superjumbo, starting October 13. Items on sale include lamps, a bar, trolleys, seats, emergency exit signs, baby ...

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American Air says Covid led it to seek JetBlue alliance

  Bloomberg American Airlines credited Covid as a key reason it pursued a controversial business partnership with JetBlue Airways Corp., saying it needed the alliance to stay competitive in the heavily trafficked US Northeast. “Our business was hemorrhaging cash” in the spring of 2020, American’s CEO Robert Isom testified in a federal court in Boston, adding that the airline was ...

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FAA mandates more rest time for flight attendants

  Bloomberg US aviation regulators are set to approve a long-delayed rule change giving flight attendants an extra hour of rest between shifts. The decision is expected to be the focus of a press briefing in Washington with Federal Aviation Administration (FAA) acting Administrator Billy Nolen. Flight attendants currently must be given at least nine hours of rest between shifts. ...

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Boeing’s 737 Max 10 may not be approved by FAA until next summer

  Bloomberg Boeing Co. doesn’t expect its 737 Max 10 model to be ready for certification until next summer at the soonest, US aviation regulators told a key lawmaker. The planemaker’s latest plan was relayed in a letter from Federal Aviation Administration (FAA) acting Administrator Billy Nolen to Senator Roger Wicker, a Mississippi Republican. The comments provided the latest indication ...

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Royal Jordanian to introduce 20 Airbus A320neos into fleet

  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 ...

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Hong Kong Airlines seeks to restructure $6.2bn of debt

  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 ...

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United Air to exit JFK airport after dispute over expansion

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 ...

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Russia loses seat on council of UN civil aviation agency

  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 ...

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Americans plan fall travel despite higher costs ahead

  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 ...

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