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Air New Zealand plans to move head office to Auckland Airport

Bloomberg Air New Zealand will move its head office to a new campus at Auckland Airport, vacating its central city site to reduce costs and get all staff at a single location. The airline has approved in-principle a project to centralise its Auckland workforce at a refurbished airport campus by 2024, it said. It will also proceed with construction of ...

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Raytheon cuts 2022 sales forecast on Russia sanctions’ impact

  Bloomberg Aerospace and defense giant Raytheon Technologies Corp cut its 2022 sales forecast and warned of potential supplier constraints as it ends commercial ties with Russian customers and a titanium supplier. “We’re done in Russia. Full stop,” Raytheon’s Chief Executive Officer Greg Hayes said of the aerospace and defense conglomerate’s dealings with Russia in the wake of the nation’s ...

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Opposing pilot inputs likely behind ‘777’ landing scare

  Bloomberg An aircraft landing scare in Paris earlier this month most likely resulted from the Air France pilots submitting contradictory commands, rather than any malfunction of the plane, according France’s air-safety investigator. No failure warnings were activated and no anomaly was observed with the Boeing Co 777 in the incident, the Bureau d’Enquetes et d’Analyses said. Flight AF011 from ...

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