Aviation

Bloomberg Air India Ltd will induct 30 leased aircraft from Airbus SE and Boeing Co into its fleet starting December as its new owner Tata Sons Pvt. prepares to rebuild the former state-run airline. The carrier will add 21 A320neo jets in the second half of 2023 and four A321neo aircraft in the first quarter of calendar 2023, according to ...

Bloomberg US companies are overlooking uncertainty about the economy and booking fall trips at nearly six times last year’s rate after a flat summer for business travel, according to a report. While demand is climbing, average booked fares were down 23% to $419 in August from $543 in mid-May, travel manager TripActions said in the report. That was about $10 ...

Bloomberg US officials have agreed on an updated framework for investigating major accidents in the commercial space industry as human tourism and flights hauling hardware into orbit expand rapidly. The National Transportation Safety Board (NTSB), the independent agency that leads investigations into plane crashes, will conduct similar reviews for mishaps involving private sector rockets and space capsules, according to an ...

  Bloomberg Hong Kong will end temperature checks for some passengers at its international airport, and relax quarantine requirements for local air crews, after some of the city’s most prominent voices called for an end to virus-related travel restrictions. Starting from September 10, transiting and outbound passengers at Hong Kong International Airport — except for those bound for China — ...

  BRUSSELS / WAM In August 2022, the number of commercial flights in the EU increased by 25% compared with August 2021,according to monthly flight data published by Eurostat. While this is still below the pre-pandemic levels, the gap is slowly closing (-14% compared with August 2019). In absolute terms, the number of commercial flights stood at 596 930 in ...

  Bloomberg Japan is making arrangements to end its daily limit on arrivals from overseas by October, and will consider removing other remaining barriers to foreign tourism at the same time, the Nikkei reported without saying where it obtained the information. The removal of the 50,000 people-per-day cap alone won’t return Japan’s border to its pre-Covid openness, as non-resident foreigners ...

  Bloomberg United Airlines Holdings Inc threatened to suspend service at New York’s John F. Kennedy International Airport unless federal regulators review runway use and allow the carrier to increase daily operations. The airport’s total flight capacity hasn’t changed since 2008, despite a widening of runways and other infrastructure improvements, United told employees in a memo about its plan. The ...

Bloomberg News from several travel-related companies shows consumer spending is healthy. Demand is high, and the industry is rebounding as pandemic era troubles subside. United Airlines boosted its sales and margin outlooks, citing strong demand in the wake of a “robust” summer. Travel and tourism firm Sabre said air bookings and passengers boarded in late August reached the highest levels ...

  Bloomberg Employees at Boeing Co and other manufacturers will be given new protections against company interference as federal regulators continue to tighten oversight of aircraft development following a pair of crashes of 737 Max jets. The latest rules apply to engineers who are deputised by the US Federal Aviation Administration (FAA) to review the safety of aircraft designs. Any ...

  Bloomberg Rakesh Gangwal, the billionaire co-founder of India’s largest airline by market value, has offered to sell part of his family’s stake in IndiGo for around $250 million, possibly putting to rest a three-year old dispute between the owners. The Gangwal family is offering as many as 10.8 million shares in InterGlobe Aviation Ltd. at a floor price of ...