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Boeing steps up India funding ahead of giant Air India order

  Bloomberg Boeing Co is intensifying investment in India to support airlines and streamline logistics, as the US planemaker gears up for a giant plane order from Air India Ltd widely expected to be announced soon. The US manufacturer will invest 2 billion rupees ($24 million) in a logistics park and separately set up a support centre for airlines near ...

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TUI sees summer bookings ahead of pre-Covid levels

  Bloomberg TUI AG said recent bookings for the upcoming summer are running ahead of pre-pandemic levels, the latest sign the travel sector is booming despite high inflation sapping consumer spending power. The world’s biggest tour operator said booking volumes since the start of the year exceeded 2019 levels, led by demand from travellers in the UK and Germany. Prices ...

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Lufthansa to offer green flight option to flyers at higher fare

Bloomberg Airlines have long charged customers more for on-board food, extra baggage and superior legroom. Deutsche Lufthansa AG now wants customers to pay for reducing the environmental impact of flying. Europe’s biggest airline will offer an option of so-called Green Fares to travellers from Wednesday, adding a surcharge to purchase sustainable aviation fuels and carbon offsets. The move marks the ...

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