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Jet Airways seeks $300mn fund for expansion on int’l routes

  Bloomberg Jet Airways India Ltd., the carrier part-owned by Etihad Airways PJSC, is seeking to raise about $300 million to fund expansion on international routes, people with knowledge of the matter said. Jet Airways, India’s second-largest airline by passengers, has started talks on a potential equity fundraising from investors other than Etihad, the people said, asking not to be ...

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China needs 5,550 new pilots a year as travel soars

  Bloomberg Airlines in China need to hire 5,550 pilots a year for the next two decades as new plane orders and demand for air travel surges, according to Boeing Co. With the nation on course to eclipse North America as the world’s largest travel market, China will need 111,000 new aviators through 2035, Boeing said in a forecast released ...

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Airbus must deliver 16 A350s to reach target

  Bloomberg Airbus Group SE may deliver 16 A350 wide-body planes in December, or four times the monthly average so far this quarter, if the European planemaker is to meet its goal of 50 handovers for 2016 after bottlenecks at key suppliers disrupted production. Airbus dispatched four A350s in November, the same as in October, with Qatar Airways Ltd., Cathay ...

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