Aviation

Bloomberg Delta Air Lines Inc fell, leading declines across the airline industry, after saying fuel and a decrease in flying capacity are driving costs higher than what the carrier had expected, overshadowing an otherwise upbeat forecast. Costs for each seat flown a mile, an industry gauge of efficiency, will be up as much as 22% this quarter compared to 2019 ...

  Bloomberg Vistara, an Indian joint venture of conglomerate Tata Group and Singapore Airlines Ltd, has been fined after a first officer landed a passenger flight without completing required training. The incident, which occurred during a landing in the central Indian city of Indore, was a serious violation that endangered the lives of passengers on board, according to a senior ...

  Bloomberg Sri Lanka is recommending airlines carry enough jet fuel to last return trips or fill up elsewhere, as the island grapples with a shortage of everything from oil to food due to a foreign-exchange crisis. “We’ve asked airlines to carry the required fuel while operating to Sri Lanka, because there is a shortage of aviation fuel, and we ...

  Bloomberg Europe is pulling in huge quantities of jet fuel as people get ready to take to the skies in droves this summer. The region sucked in more than 13 million barrels of jet-type fuel in May, the highest monthly imports since October 2020, according to data from Vortexa compiled by Bloomberg. Consumption is forecast to surge this summer ...

  Bloomberg Canada’s transport regulator has ruled that low-cost carrier Flair Airlines Ltd is “Canadian” enough to continue operating flights in the country. The discount airline has made changes to its structure and now “meets the incorporation and voting interest requirements” required by law, Canadian Transportation Agency said in its final determination. The regulator said in its preliminary determination that ...

  Bloomberg Spirit Airlines Inc shareholders should reject a pending takeover deal with Frontier Group Holdings Inc as a signal to the board to engage more with rival suitor JetBlue Airways Corp over its competing bid, a prominent shareholder-advisory firm said. While both deals have inherent regulatory risks, the offer from JetBlue is superior from a financial standpoint, Institutional Shareholder ...

  Bloomberg Boeing Co has reached out to Singapore Airlines Ltd to discuss the US planemaker’s failure to deliver long-delayed 777X aircraft on time, according to the Chief Executive Officer of the city-state’s flag carrier. “When the delay was foreseen you can imagine that Boeing would have reached out to us for early conversations,” Goh Choon Phong said in an ...

  Bloomberg The lobby group representing all airlines flying in and out of Hong Kong is pushing the government to cut the hotel quarantine period for travellers to three days and wants pre-flight Covid-19 tests scrapped, according to people with knowledge of the outreach. The Board of Airlines Representatives of Hong Kong also requested authorities abolish a rule that sees ...

  Bloomberg Britain’s airports, airlines and ports face their most frenetic weekend for years as a surge of vacation-bound passengers puts further stress on travel hubs already hobbled by a staffing shortfall and other issues. London’s Gatwick airport said it was set to be its busiest day since the start of the coronavirus pandemic, surpassing April’s Easter rush, with more ...

  Bloomberg Norwegian Air Shuttle ASA reached an agreement in principle with Boeing Co for the purchase of 50 737 Max jets, to be delivered when the carrier’s existing leases end. The airline will take delivery of the planes between 2025 and 2028, according to a stock exchange filing. Norwegian expects to finalise the order, which also includes options for ...