Aviation

  Bloomberg Jeffrey Goh, the chief executive officer of Star Alliance, will step down at the end of the year to pursue other interests. Goh, who has spent 16 years at the alliance including six in the top job, said he’s agreed to stay on to support the transition to the next head. An international search will be undertaken shortly ...

  Bloomberg LOT Polish Airlines SA is close to ordering as many as 60 Airbus SE A220 jets as it looks to swap out its aging Embraer SA plane. The Warsaw-based carrier is in advanced talks with the European planemaker and while the details may change, any deal could be announced as early as next week’s Farnborough International Airshow, the ...

Bloomberg Grupo Aeromexico SAB, seeking a more liquid stock market, is planning to delist from the Mexican exchange and trade in New York as soon as this year. The airline’s board in June approved a plan to cancel its registration in its home country and launch a voluntary tender offer for outstanding shares. Aeromexico emerged from Chapter 11 in March ...

Bloomberg Boeing Co. is tempering expectations for commercial aircraft demand in the coming decades, as the prospect of lower global economic growth and uncertainty surrounding Russia pressure jet deliveries. Manufacturers will hand over 41,170 new planes to customers through 2041, Boeing predicted in its latest long-term outlook for the commercial market. That would mark a slower pace than it saw ...

Bloomberg As the aerospace world gathers in southern England next week for the first major commercial show since 2019, the stakes are particularly high for one half of the global planemaking duopoly. As ever, the spotlight at the Farnborough International Airshow will focus on the battle between Airbus SE and Boeing Co for orders, with rapid-fire, often last-minute announcements providing ...

Bloomberg The share of US flight delays caused by airlines, as opposed to weather or air traffic control, has surged to the highest level on record, reflecting carriers’ struggle in the post-Covid rebound. Through April, airlines triggered about 58% of late flights so far in 2022, surpassing those that were tardy due to storms, the government’s air-traffic system and security ...

  Bloomberg Delta Air Lines Inc fell short of profit expectations in the second quarter and said high operating costs will persist through the rest of the year, weighing on a possible rebound as carriers try to capitalise on continued strong travel demand. So-called unit costs will climb as Delta extends constraints on its flying capacity for the remainder of ...

Bloomberg Scandinavian carrier SAS AB has warned that emergency funding related to a bankruptcy process in the US is at risk from a pilots strike that entered its 11th day on Thursday. The airline, which filed for chapter 11 bankruptcy protection, remains in talks with potential lenders to obtain debtor-in-possession financing for as much as $700 million as part of ...

  Bloomberg Deutsche Lufthansa AG plans to cut an additional 2,000 flights until the end of August, bringing the airline’s total number of cancellations to almost 6,000 as Europe’s travel disruptions continue to worsen. Most of the flights affected are domestic routes scheduled to take off from Munich or Frankfurt, a representative for the German carrier said. Long-haul flights and ...

Bloomberg United Airlines Holdings Inc’s pilots union says the carrier agreed to re-engage in talks to improve terms of the tentative contract agreement the two sides reached last month. Union sought new talks based on feedback from United pilots who were unhappy with the agreement, Mike Hamilton, head of United’s Air Line Pilots Association unit, told members in video on ...