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Lufthansa sees difficult second half as terror damps demand

  Bloomberg Deutsche Lufthansa AG’s average ticket prices fell in the second quarter as a drop in demand stemming from terrorist attacks in Europe was met by too much seating across the airline industry. Yields excluding currency fluctuations, a measure of average fares, declined 0.8 percent in the second quarter, the German carrier said Tuesday. That caused unit revenue, the ...

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IndiGo considers slowing deliveries

  Bloomberg IndiGo, the biggest customer for Airbus Group SE’s A320neo jets, is considering slowing deliveries of the single-aisle aircraft to give supplier Pratt & Whitney more time to make improvements to the model’s engines. Shares fell in Mumbai. The Indian carrier may seek the delivery slowdown “to allow Pratt & Whitney to catch up on the production of upgraded ...

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Southwest pilots seek CEO’s ouster over ‘misguided focus’

  Bloomberg Southwest Airlines Co. pilots called for the replacement of Chief Executive Officer Gary Kelly, saying a nationwide computer outage that grounded the carrier last month capped a list of problems caused by a “misguided focus” on cost control and stock performance. “We can no longer sit idly by and watch poor decision after poor decision deeply affect our ...

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