Bloomberg China has traditionally split aircraft orders evenly between Airbus SE and Boeing Co. Recently though, there’s been a shift against the American half of the world’s planemaking duopoly. Boeing missed out on a 40-plane deal in September, following an even bigger hit in July, when China ordered nearly 300 Airbus aircraft worth about $37 billion at sticker prices. ...

  Bloomberg Virgin Atlantic Airways Ltd. is pulling out of Hong Kong for good, cancelling flights and closing its offices in the Asian financial hub, ending a 30-year history in the city. The UK airline said in a statement that several factors contributed to its decision, including, on the basis of Russian airspace remaining closed, that Heathrow-Hong Kong-Heathrow flight times ...

  Bloomberg Plane aficionados now have a chance to own a piece of one of the world’s most iconic aircraft — Airbus SE’s A380, the largest and most spacious passenger jet. Airbus is holding a three-day auction of some 500 pieces of the superjumbo, starting October 13. Items on sale include lamps, a bar, trolleys, seats, emergency exit signs, baby ...

  Bloomberg American Airlines credited Covid as a key reason it pursued a controversial business partnership with JetBlue Airways Corp., saying it needed the alliance to stay competitive in the heavily trafficked US Northeast. “Our business was hemorrhaging cash” in the spring of 2020, American’s CEO Robert Isom testified in a federal court in Boston, adding that the airline was ...

  Bloomberg US aviation regulators are set to approve a long-delayed rule change giving flight attendants an extra hour of rest between shifts. The decision is expected to be the focus of a press briefing in Washington with Federal Aviation Administration (FAA) acting Administrator Billy Nolen. Flight attendants currently must be given at least nine hours of rest between shifts. ...

  Bloomberg JBS SA, the world’s largest meat supplier, will discontinue operations at its US plant-based unit Planterra and focus on growing markets for alternative proteins in Brazil and Europe. The shutdown comes amid softening consumer demand for plant-based proteins. Maple Leaf Foods Inc. recently decided to reduce the size of its plant-based segment after a review found demand will ...

  Bloomberg A mass shooting that began with a daycare center in northeastern Thailand left 38 people dead, the majority of them children, according to officials. A 34-year-old former cop used an automatic weapon to fire at the center located in Nong Bua Lamphu province near Thailand’s border with Laos on Thursday afternoon, killing 24 children, Jackrapat Wijitwaitaya, a local ...

  Bloomberg North Korea fired two suspected short-range ballistic missiles toward waters where a US aircraft carrier had been deployed, ratcheting up tensions in the region. The missile launches off North Korea’s east coast Thursday added to one of its biggest barrage of tests under leader Kim Jong Un, including its first launch of a rocket over Japan in five ...

  Bloomberg The Czech Finance Ministry told the country’s largest banks it plans to impose a windfall tax on them to fund energy subsidies, according to a summary of the meeting. The government would apply a tax rate of 60% on lenders’ extraordinary profit, seeking to raise about 25 billion koruna ($1 billion) a year, according to a note summarising ...

  Bloomberg New Zealand’s central bank is poised to raise interest rates by half a percentage point for a fifth straight time, and some economists are tipping it will need to keep tightening well into next year as an aggressive Federal Reserve weakens the kiwi dollar. The Reserve Bank will lift the Official Cash Rate to 3.5% from 3% in ...