Aviation

  Bloomberg Singapore will start work on a fifth terminal at Changi Airport — regularly voted among the world’s best — with a revised design that allows it to adjust capacity during a pandemic. The move comes as the city-state works to cement its place as Asia’s primary aviation hub, with rival Hong Kong still imposing Covid quarantines and other ...

  Bloomberg Kenya Airways Plc is looking to reduce jet-leasing costs by more than a third as the carrier targets break even by 2024. Negotiations with lessors has so far led to a 19% cut in overall rental costs, Chief Executive Officer Allan Kilavuka said on Wednesday during a virtual briefing. The move is part of a wider restructuring following ...

  Bloomberg ExpressJet Airlines, a small regional carrier that was once among the world’s biggest by fleet size, filed for bankruptcy with plans to liquidate after ceasing operations. The company, based in Georgia, listed assets and liabilities of no more than $50 million each in its bankruptcy petition. ExpressJet laid off most of its workforce prior to filing for bankruptcy, ...

  Bloomberg Dublin Airport was expected to finally open its new runway in a move that is hoped will reduce delays following a summer of long queues and travel disruption across Europe. The first flight from the north runway was planned to take off on Wednesday between 11.30am and 12.30pm, with an introductory morning schedule starting from August 25. Airports ...

  Bloomberg London Gatwick airport said it will end capacity caps this month, bringing some relief to travelers as schedule reductions at the UK capital’s larger Heathrow hub continue through the winter season. Gatwick, controlled by French builder Vinci SA, has hired 400 security staff to help resolve a labour crunch while delegating other workers to address shortages at airport ...

  Bloomberg Financially troubled Indian carrier SpiceJet Ltd is open to investment from external parties, including other airlines, as it seeks to raise 20 billion rupees ($250 million), Chairman Ajay Singh told reporters in New Delhi. Singh declined to say what other carriers SpiceJet may be in discussions with but indicated an equity stake sale may be one option. SpiceJet’s ...

  Bloomberg Ethiopian Airlines Group suspended a plane crew pending an investigation after they lost communication with air-traffic control in Addis Ababa before later landing safely. Flight ET343 was en route to the Ethiopian capital from Khartoum in neighbouring Sudan, Africa’s largest airline said in a statement. Appropriate action will be taken against the aviators based on the outcome of ...

  Bloomberg US airlines should buy meals and hotel rooms for passengers suffering the lengthy flight delays, according to Secretary of Transportation Pete Buttigieg, who called the disruptions roiling the travel industry “unacceptable.” In a letter to major carriers, Buttigieg asked that travellers be given meal vouchers for delays of at least three hours that are caused by the airlines ...

  Bloomberg Wages for cabin crews at Swiss International Airlines AG are likely to rise as the airline attempts to retain staff, said Chief Executive Officer Dieter Vranckx. In an interview with the newspaper NZZ, Vranckx said Lufthansa-owned Swiss will likely offer higher wages to staff next month as inflation crimps the cost of living. “Wages will most likely be ...

  Bloomberg Cathay Pacific Airways Ltd is dangling allowances of up to HK$5,000 ($640) a flight as a sweetener for pilots rostered on to fly in and out of mainland China, with ongoing Covid-19 curbs making it less appealing to work those routes. The Hong Kong-based airline’s dedicated Chinese mainland operations have “been particularly onerous,” the company acknowledged in a ...