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AirAsia CEO says it’d be ‘foolish’ not to look at C919

Bloomberg AirAsia Bhd., the low-cost carrier that flies only Airbus SE planes, would consider using newly developed aircraft such as the Chinese-made C919 as the airline expands its fleet and destinations. “I think as an airline you have to look at everything,” AirAsia Group Chief Executive Officer Tony Fernandes said in a Bloomberg Television interview, when asked whether the carrier ...

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Wizz Air hikes capacity as fares recover

Bloomberg Wizz Air Holdings Plc plans to step up its expansion in Eastern Europe as slower capacity growth at local flag-carriers stung by higher fuel costs encourages a recovery in ticket prices. Budapest-based Wizz will add 6.6 million seats in the year that began April 1, lifting its capacity to about 33 million passengers. The increment represents about half of ...

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Privatization of Canada airports needs bondholder pass

Bloomberg Never mind voters or airport executives. The constituency Canada needs to get on board for any privatization of the country’s airports is its bondholders. Investors who hold debt in the country’s biggest airports are protected by rules and contracts that would likely require the government to get their consent — and offer compensation — before it could change the ...

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