Aviation

Bloomberg British Airways check-in staff approved a pay settlement that their union said amounts to a 13% raise, while Uber Technologies Inc agreed to raise fares in the UK to boost earnings for its drivers. BA employees “overwhelmingly backed” the settlement, the Unite union said, after announcing last month that an agreement had been reached to avert strikes at the ...

  Bloomberg Malaysia Airlines said it will acquire 20 Airbus SE A330neo wide-body planes as it seeks more fuel-efficient jets amid a travel rebound. The Southeast Asian carrier will purchase 10 A330-900 aircraft, with the rest coming from lessor Avolon Holdings Ltd existing order book, it said in a statement. The model is a re-engined version of the original A330 ...

Bloomberg The decision by five Chinese state-owned companies to leave US stock exchanges adds to skepticism that authorities in both countries can reach an agreement on disclosure rules, with analysts seeing state-controlled airlines as the next potential group to depart, possibly followed by internet giants. China and Hong Kong are the only jurisdictions worldwide that don’t allow inspections by the ...

  Bloomberg The recovery of global business-travel spending to the pre-pandemic level of $1.4 trillion has been pushed out 18 months to mid-2026 by inflation, economic slowing and high energy prices, the Global Business Travel Association is forecasting. The return to the 2019 level also is being slowed by supply-chain disruptions, labour shortages, lockdowns in China and the effects of ...

  Bloomberg Startup airline Norse Atlantic ASA, which begins UK-New York flights, said it will rely on strict cost control and the strength of Europe-US travel to endure headwinds from spiraling inflation and slowing economies. The discount carrier, which operates Boeing Co. 787 jets from the failed trans-Atlantic arm of Norwegian Air Shuttle ASA, is starting off slow with a ...

  Bloomberg Joby Aviation Inc., the electric aircraft company working on flying taxis, has increased the size of its contract with the US Defense Department to as much as $75 million. The company plans to announce the new agreement. The California-based company makes electric-powered, vertical takeoff and landing vehicles, or eVTOLs. Its Defense Department deal, which runs through 2025, more ...

Bloomberg The black and white security camera footage is clear enough to make out a hooded figure on a tree-lined Sydney street. The person is energetically hurling — almost like a baseball pitcher — something at a house just before 2 am on July 12. Daylight reveals that the A$19 million ($13 million) harborside home of Qantas Airways Ltd. Chief ...

  Bloomberg Online searches for flights out of Hong Kong surged by 290% in the 24 hours after the government announced shorter hotel quarantine requirements, according to travel company Expedia Group Inc. The top-trending destination was Thailand’s capital Bangkok, followed by Osaka in Japan, with flight searches jumping tenfold for both from the previous seven-day average, Expedia said. Travel within ...

  Bloomberg Boeing Co’s shares climbed after American Airlines Group Inc took delivery of the first 787 Dreamliner since US regulators approved the planemaker’s plan to address tiny structural flaws in its carbon-fiber jetliner. American signed the paperwork for the Dreamliner, marking the resumption of handovers of the jets, an important source of cash for Boeing. The carrier, which had ...

  Bloomberg London Heathrow airport Chief Executive Officer John Holland-Kaye defended a flight cap that’s truncated airline schedules and upset travel plans for thousands of Britons, saying the move has greatly reduced delays. The limit of 100,000 daily departing passengers has delivered improvements to the customer experience, with fewer last-minute cancellations and better aircraft punctuality and baggage delivery, Holland-Kaye said. ...