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Ryanair warns of ‘shakeout’ as fuel costs claim weakest

Bloomberg Ryanair Holdings Plc warned that profit will slump for the first time in five years as rising labor costs compound a fuel-price surge that may force weaker competitors out of business. Net income could fall as much as 14 percent in the year through next March, Ryanair said. An increase in kerosene costs will pressure earnings in the short ...

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Bangkok Air talking to Airbus, Bombardier, Boeing for 20 planes

Bloomberg Bangkok Airways Pcl will soon submit specifications for an order of 20 narrow-body planes to Airbus SE, Boeing Co. and Bombardier Inc., its President Puttipong Prasattong-Osoth said. The carrier, which currently has 12 Airbus 319s and nine Airbus 320s, will pick one manufacturer for the order by the end of the year, Puttipong said in an interview. “The good ...

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Jet Airways planning follow-on deal for Boeing 737 Max

Bloomberg Jet Airways India Ltd. is closing in on a new order for Boeing Co.’s 737 Max single-aisle plane that could take its commitments for the model above 200 aircraft. India’s biggest full-service airline is in talks over the purchase and may make an announcement in coming weeks, Chairman Naresh Goyal said. He didn’t specify how many planes the company ...

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