Aviation

Bloomberg United Airlines Holdings Inc spelled out the travel milestones needed for a return to profitability after posting a bigger-than-expected loss in the first quarter and offering limited insight into its expectations for the summer flying season. The company sees an end to net losses when business and international traffic ...

Bloomberg Hong Kong banned flights from India, Pakistan and the Philippines for 14 days starting from Tuesday as the city reported the first two cases with highly transmissible virus variant in the community over the weekend. Visitors who have stayed in the three countries for more than two hours in ...

Bloomberg Air France-KLM Chief Executive Officer Ben Smith indicated the struggling airline could seek a further recapitalisation later this year even after the latest 4 billion-euro ($4.8 billion) rescue from the French government that includes the sale of new shares. “We do have heavy, heavy debt that is holding back ...

Bloomberg Delta Air Lines Inc stuck to its upbeat financial forecasts despite posting a bigger-than-expected loss in the first three months of the year and jarring Wall Street with its outlook for cost pressures tied to the travel rebound. The carrier still expects to stop burning cash this quarter and ...

Bloomberg Avianca Holdings SA plans to raise $1.8 billion to repay debt and provide new financing as the Colombian airline eyes an exit from the bankruptcy reorganisation it was forced into last year during the pandemic-driven travel collapse. The air carrier retained Seabury Securities LLC to help raise the exit ...

Bloomberg Wizz Air Holdings Plc CEO Jozsef Varadi said he’s no longer counting on a rebound in European air traffic this summer as travel restrictions persist and vaccine rollouts stutter. Uncertainty over the easing of curbs make it impossible to predict levels of demand in three or four months, and whether ...

Bloomberg Boeing Co topped Airbus SE in quarterly jet sales for the first time since early 2019, when the US planemaker spiraled into crisis because of a global grounding of its 737 Max after two fatal crashes. Gross orders in the first quarter totalled 282 aircraft, according to sales data ...

Bloomberg Qantas Airways Ltd expects all of its Airbus SE A380s to return to the skies, a signal of confidence that demand for global air travel will recover and make the superjumbo viable again. “We think we will reactivate all of the A380s. We spent a lot of money on ...

Bloomberg A French initiative to ban commercial air travel on some domestic routes could prove to be an example for other countries seeking to make flying cleaner. The bill making its way through parliament would forbid conventional air travel when there’s an alternative by train that takes under 2.5 hours. ...

Bloomberg Letko Brosseau & Associates Inc, one of Air Canada’s largest shareholders, says the terms of the government’s rescue package are fair and the airline’s stock could rise about 50% from current levels once the pandemic eases. Canada’s largest carrier reached a deal with the federal government for loans and ...