Aviation

  Bloomberg Cathay Pacific Airways Ltd expects to fly one-third of its pre-Covid capacity by the end of the year, up from 25% previously projected as Hong Kong gradually loosens restrictions on travel, including lengthy mandatory quarantine stays. The recovery will take time as Hong Kong’s main airline returns its fleet to service and trains staff after operating at as …

  Bloomberg The head of Air Canada says the carrier will be able to offer zero-emission electric flights to customers in Canada as soon as 2028. The airline said it will purchase 30 ES-30 electric-hybrid aircraft for an undisclosed amount. The planes, which are being developed by Sweden-based Heart Aerospace AB, are “much more cost efficient” and could help the …

  Bloomberg Distressed airline PT Garuda Indonesia may stop selling first class tickets as it focuses on flying local. The state-owned carrier will concentrate on business, premium economy and economy seats because it is more suitable for the market, State Enterprises Minister Erick Thohir said. He reiterated that Garuda will stop most international routes to cut costs, except for a …

Bloomberg SAS AB Chief Executive Officer Anko van der Werff said he’s confident the Scandinavian airline will emerge successfully from a Chapter 11 restructuring after winning clearance for a $700 million financing package and seeing a rebound in its own performance. Approval for the Apollo Global Management funding from a US bankruptcy judge is “the biggest and most important news” …

  Bloomberg British Airways will scrap 100 flights from its London Heathrow base on Monday and re-time others as the airport, airlines and air traffic controllers work to minimise noise during Queen Elizabeth II’s state funeral. About 15% of Heathrow’s schedule will be altered, according to the hub, with flights halted for various durations through the day. There will be …

  Bloomberg Schiphol Airport’s Dick Benschop is stepping down as chief executive of the Dutch hub as the airport continues to struggle with long lines and flight cancellations caused by a staffing shortage. Benschop informed Royal Schiphol Group NV’s supervisory board on Wednesday that he is resigning from his role as president-director and chief executive. Benschop will stay on in …

Bloomberg Flights from London Heathrow airport will be disrupted during the transfer of Queen Elizabeth II’s coffin for her lying-in-state, with more upheaval likely next week when her funeral takes place. Departures face delays and adjustments for almost two hours from September 14, Heathrow said. The measures are aimed at ensuring an absence of jet-engine noise as a gun carriage …

  Bloomberg More than a hundred passengers were evacuated from a Boeing Co 737-800 operated by Air India Express Ltd after one of its engines caught fire while the aircraft was taxiing to take off from Muscat, the capital of Oman. Everyone got off the plane safely and the jet was left parked on the airport runway, according to Arun …

  Bloomberg Wizz Air Holdings Plc plans to order 75 Airbus SE narrow-body jets as the discount carrier doubles down on its rapid expansion in a challenge to sector leader Ryanair Holdings Plc. Wizz will exercise purchase rights for the A321neo jets granted by the manufacturer last year, it said in a statement. Delivery dates are subject to agreement. Eastern …

Bloomberg Germany raised 760 million euros ($760 million) from the sale of the state’s full stake in Deutsche Lufthansa AG, unwinding all of the holding it took to keep the flagship carrier afloat during Covid-19 lockdowns. The country’s Economic Stabilization Fund, or WSF, disposed of its remaining 9.92% of Europe’s largest airline via a placement with international investors, according to …