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 …
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Travel industry revival shows US consumers are willing to spend
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 …
Read More »FAA tightens oversight of Boeing design after crashes of 737 MAX
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 …
Read More »Gangwal family eyes $250m from share sale in Indigo
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 …
Read More »Pentagon halts deliveries of F-35 on Chinese alloy
Bloomberg The Pentagon has halted deliveries of Lockheed Martin Corp’s F-35 after finding an alloy used in magnets for pumps on the fighter jet were made in China. The F-35 program office “temporarily paused the acceptance of new F-35 aircraft to ensure the F-35 program’s compliance†with defense regulations “pertaining to specialty metals,†Defense Department spokesman Russell Goemaere said …
Read More »Alpha Flight Services expands into Ras Al Khaimah
Dubai / Gulf Time Alpha Flight Services (Alpha), a leading UAE-based catering, retail, and hospitality services provider, has signed a 10-year concession agreement with Ras Al Khaimah International airport (RKT). The partnership will see Alpha Flight Services invest in infrastructure and provide in flight catering services to more than 10 airlines at the airport. In addition, it will operate …
Read More »Lufthansa averts pilots’ strike after last-minute pay raise offer
Bloomberg Deutsche Lufthansa AG averted a disruptive pilot strike after raising its pay offer, a move that will avoid cancellations while complicating the airline’s efforts to boost profit and pay down debt. The VC pilots union spokesman said the union decided to call off a planned two-day walkout after Lufthansa improved its offer. The union didn’t immediately comment on terms …
Read More »Taiwan to resume visa free travel for some countries
Bloomberg Taiwan will resume visa-free entry for travellers from countries it currently shares diplomatic ties with but will maintain a three-day quarantine requirement as the island takes halting steps towards easing its Covid-restrictions. Arrivals from more than 60 countries — including the US, UK and Australia — are eligible for visa-free entry starting September 12, though the duration of their …
Read More »Bankruptcy risk higher for Europe’s airlines this winter
Bloomberg Europe’s weaker airlines face a heightened risk of collapse this winter as nations that rescued carriers during the Covid-19 crisis focus support elsewhere amid rising inflation, according to analysts at Sanford C. Bernstein. While the pandemic brought few airline failures in the region amid a deluge of aid payments, carriers now face a squeeze from higher fuel and …
Read More »South Africa’s airport shuts runway after a grass fire
Bloomberg Johannesburg’s OR Tambo International Airport was forced to close one of its runways after dry grass caught fire and “spilled over from the adjacent community within the airport precinct,†it said via Twitter. Fire and rescue teams are onsite to extinguish the blaze, according to OR Tambo, which is the busiest airport in Africa. The runway that has …
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