Passenger Transportation Services

U.S. plan to increase the number of countries that are covered by their travel ban from 30 to more than 30. Homeland Security Secretary Kristie Noem told reporters on Thursday that the U.S. plans to expand its travel ban beyond 30 countries. Noem was asked in an interview with Fox News "The Ingraham Angle" if the Trump administration would increase the number of countries listed on the travel ban to 32. She said, "I will not be specific about the number but it is over 30 and the president continues to evaluate countries." In June, the President signed a proclamation...

The Federal Aviation Administration announced on Thursday that it had selected Peraton, owned by Veritas Capital and a national-security company, to be the project manager for a $12.5 billion effort to revamp the U.S. aging air traffic control system. After decades of complaining about airport congestion, technological failures, and flight delays, Congress approved in July a plan worth $12.5 billion to overhaul the system and increase controller hiring. Peraton is the only integrator that will manage this massive project, and it will deliver it on schedule without causing any disruptions to air traffic, according to the FAA. The FAA chose...

Saluda Medical shares listed on the Australian Securities Exchange fell nearly 45% in their debut at the Australian Securities Exchange on Friday after raising A$231,000,000 ($152.67,000,000) through its initial public offer. Saluda is a U.S. medical device company that develops neuromodulation treatments to treat chronic neurological conditions. The company sold 87.1 new CHESS depositary interests at A$2.65, which valued the company at approximately A$775 millions at listing. In the first few trading minutes, the stock fell almost half its value to A$1.48. Saluda was founded in Sydney, Australia in 2010. The FDA-approved Evoke Spinal Cord Stimulation (SCS) System is a...

The U.S. government said Thursday that it had asked Waymo for more information after Texas officials claimed that Alphabet's self-driving cars had passed school buses illegally 19 times since the beginning of the school year. In October, the National Highway Traffic Safety Administration launched an investigation after an incident that occurred in Georgia. A Waymo was not stationary as it approached a school bus while its red lights were flashing and its stop arm was deployed. The Austin Independent School District posted a letter on November 20, 2018 by the NHTSA. In the letter, they stated that five incidents had...

The U.S. government said on Thursday that it had asked Waymo for more information after Texas officials claimed that Alphabet's self-driving cars had passed school buses illegally 19 times since the beginning of the school year. In October, the National Highway Traffic Safety Administration launched an investigation after a Georgia incident where a Waymo failed to remain stationary as it approached a school bus that had its red lights flashing with a stop arm deployed. In a letter published by NHTSA on Nov. 20, the Austin Independent Schools District stated that five incidents had occurred in November, after Waymo claimed...

A group of Democratic Senators introduced legislation on Thursday that would require airlines to compensate passengers for significant delays with cash. Mark Kelly, Ed Markey, and Richard Blumenthal, senators who are leading the charge, propose to mandate compensation that is in line with European Union (EU) and Canadian requirements. This includes mandating a minimum of $300 for delays of over three hours, and a minimum of $600 for delays of six hours or longer. This proposal was first reported on by after President Donald Trump's administration withdrew his predecessor's plan to force airlines to compensate passengers for flight delays caused...

Delta Air Lines announced on Wednesday that it expects to take a $200 million hit to its fourth quarter pre-tax profits due to the U.S. Government shutdown which ended last month. The company stated that the impact is about 25 cents a share. The Atlanta-based carrier forecasted an adjusted profit between $1.60 and $1.90 per share for the three months through December in October. The 43-day shutdown of the government affected flight operations, and thousands of air traffic control operators and other staff were forced to work without being paid. Flight cuts were also ordered by the Federal Aviation Administration...

Delta Air Lines announced on Wednesday that it expects the shutdown of the US government, which ended in late January, to have a $200-million impact on its fourth quarter profit before taxes. The carrier stated that the loss in profitability is about 25 cents a share. It added that the growth of travel bookings has returned to expectations after the end of the shutdown. The 43-day government shutdown affected flights, and thousands of air traffic control operators and other staff were forced to work without pay. JetBlue announced earlier this week that Hurricane Melissa in Jamaica, and cancellations due to...

On Tuesday, President Donald Trump said that his administration wanted to revamp Dulles International Airport, near Washington, D.C., describing it as "not a great airport." In October, Trump’s motorcade drove through the airport's property without prior notice to evaluate future projects. "We will also rebuild Dulles Airport, because it is not a good one. It should be an excellent airport. Trump told his cabinet during a meeting at the White House that it's not at all a good airport. "They have a beautiful building but a terrible airport." Trump has revealed a new design of Dulles Airport, which was opened...

Agriculture Secretary Brooke Rollins announced on Tuesday that Trump's administration would announce next week a "bridge-payment" to farmers. The payment is intended to provide a short-term solution while the longer trade and assistance packages are finalized. Republican legislators and farm groups Have pushed The administration will issue aid to farmers who are facing low crop prices, and lost sales of billions of dollars in soybeans to China as a result during the tensioned trade talks between China and the United States. "We have a payment for a bridge." Rollins said to Trump during a Cabinet meeting at the White House:...

These are the most popular stories from the Wall Street Journal. These stories have not been verified and we cannot vouch their accuracy. Costco sued the U.S. Government to make sure it gets a refund if the Supreme Court rejected President Donald Trump’s request for broad authority to impose tariffs. Apple has appointed Amar Subramanya, a veteran researcher and AI expert, as its new vice president. He replaces John Giannandrea. The Trump administration agreed to buy a stake in xLight, a startup that is developing free-electron lasers. These lasers are seen as a key component to creating faster computer chips....

The U.S. Transportation Security Administration announced on Monday that it would begin charging air passengers $45 if their identification documents do not meet the stricter federal standards on February 1. This move is intended to encourage travelers to obtain enhanced identity documents. The TSA will begin enforcing "REAL ID' standards in May 2025. Passengers without these IDs are given warnings and subjected to enhanced screening. TSA officials have said that they will urge passengers who do not possess REAL IDs to get them before arriving at an airport or pay a fee. The $45 will cover travel within a 10...

Tigerair, Taiwan's low-cost carrier, announced on Wednesday that it had approved the purchase and lease of eleven new A321neo planes from Airbus for T$40billion ($1.28billion) in order to expand its network. Tigerair, which is majority owned by Taiwan Airlines, also has an option to purchase four additional A321neos, according to a statement posted on the airline's website. It added that the 11 A321neo aircraft being leased are expected to arrive by 2031. The four aircraft purchased after 2031 will be deployed in full by 2035. Tigerair flies to Japan, one of the most popular destinations for Taiwanese tourists and businessmen....

Airbus engineers found more defects in the A320 fuselage panel set as they prepared to inspect hundreds jets. The chief executive of Airbus said that this flaw is affecting deliveries. The presentation made to airlines by revealed that 628 planes, including 168 in service already, need inspections due to recently discovered quality issues on metal panels at some planes' fronts. According to the presentation, this figure includes 245 assembly lines. Industry sources estimate that about 100 of these are scheduled for delivery in 2018. Another 215 are at an earlier stage called Major Component Assembly. The presentation also showed that...

India's aviation regulator announced on Tuesday that it is investigating Air India for operating an Airbus A320 aircraft without a valid certificate of airworthiness, which ensures compliance with safety regulations. The Directorate General of Civil Aviation said that it also had grounded the aircraft, and de-rostered 'concerned staff. The DGCA didn't specify the type and manufacturer of the aircraft, but a source with direct knowledge said it was a single-aisle Airbus jet. The regulator had previously warned the airline about various issues, including fatigue management and crew training. Air India's spokesperson issued a statement saying that the incident in which...

The Dutch parliament approved on Thursday a plan for a tax increase on private jet travel starting in 2030. The rules will be applicable to aircraft that have 19 seats or less. Passengers on flights up to 2,000 kilometers (1,243 miles), will be charged 420 euros (486 dollars). The fee for those travelling between 2,000 km and 5,500km is 1,015 euro, while journeys over that distance are charged 2,100 euros. Private jets will be taxed based on distance in 2027, when all aviation taxes will move to a weight-based system. Between 2027 and 2030 the taxation of private jets will...

British Airways' owner IAG submitted a formal statement of interest to buy a minority stake (up to 5%) in Portugal's flag airline TAP. However, it said that some issues needed to be resolved before the company would consider investing. IAG has become the third airline in Europe to express interest in privatising TAP. It joins Air France-KLM, and Germany's Lufthansa. A spokesperson for IAG confirmed on Friday that the airline had submitted a declaration of interest to the state-owned holding Parpublica "in accordance with the process of the government for the partial privatisation of TAP". The spokesperson said that "However,...

Boeing will not use this week's Dubai Airshow to announce new orders, but rather to outline the certification path for its long-delayed mini-jumbo 777x programme. Boeing announced last month a new delay, and took a $4.9billion charge for its biggest twin-engined aircraft, pushing delivery to 2027, which is seven years later than initially planned. Stephanie Pope, CEO of Boeing Commercial Airplanes, said that she would not be placing orders in the next 2 to 3 days. Pope said, "It is about being transparent and engaging with our customers. We will highlight the progress...and any concerns or issues they may have."...

Boeing's top executive in jet manufacturing said that the company aims to stabilize aircraft production levels at present before moving on to new industrial milestones, while implementing safety and quality improvements. Boeing Commercial Airplanes' CEO Stephanie Pope said it was still too early to predict when Boeing will increase 737 jet production to 47 per month. The regulators had recently cleared Boeing to achieve 42 per month following the lifting of temporary output limits. Pope told a press conference ahead of the Dubai Airshow that "getting it right at (the correct) pace is more important than speeding up." PRODUCTION MILESTONES...

B&M, a British discount retailer, reported a weak start for the crucial Christmas quarter on Thursday, sending its share price to a new record low. However, its CEO is hopeful that a strong position with festive gifts and decorations can improve their performance. Helen Cowing, an experienced finance executive, was appointed interim finance director a month following the disclosure of an accounting mistake that resulted in a profit warning as well as the departure of their previous finance chief. Five months after taking on the position, CEO Tjeerd Gegen has already laid out a turnaround plan that focuses on reducing...

Air France-KLM announced third-quarter results that were in line with expectations on Thursday. It also confirmed its outlook for 2025, despite some expenses increases and expensive challenges faced by its Dutch subsidiary KLM. As the summer travel season is lucrative and busy, the third quarter of the year is typically the most profitable for European airlines. Travel from Europe to the United States is down under U.S. president Donald Trump. His policies are seen by many as anti-foreigner, anti-trade and anti-foreigner. Analysts polled by LSEG had predicted an operating profit of 1,27 billion euros (1,48 billion dollars) for the airline...

Safran, the French aerospace company, raised its full-year revenue forecasts after reporting higher than expected third-quarter revenues led by its core Jet Engine division. The company, who co-produces LEAP engines with GE Aerospace via their CFM venture said that it had "strongly caught up" on late deliveries in the third quarter, shipping more than any other quarter. Airbus and Boeing have delayed their jet deliveries and caused congestion in maintenance centres, which has led to a strong demand from engine manufacturers for spare parts. In the engine industry, there is a tug-of-war between aircraft manufacturers and airlines that need spare...

Air France-KLM CEO said that on Monday, western European airlines needed more favorable regulation as the requirement to fly around Russian airspace places them at a disadvantage compared to their Chinese competitors. Ben Smith, CEO of Air France-KLM, said in an interview with the German newspaper Frankfurter Allgemeine Zeitung as well as with French newspaper Les Echos and Lufthansa Group CEO Carsten Schohr that having to avoid Russia adds two to two-and-a half hours to flights from Europe to Asia. All costs associated with the extra flight time are to be paid by the customer. Smith added that customers don't...

IndiGo, India's budget carrier, announced on Friday that it had signed a contract confirming the conversion 30 of its 70 A350-900 purchase rights into firm orders. This doubled its widebody order list to 60 from 30, and increased its total number of A350-900s ordered. This move is part of India's strategy to increase its long-haul services and capture more international traffic away from Gulf carriers like Emirates. According to government and industry data, India's international air traffic is expected to grow from 64 million passengers in 2019 to 160 million passengers by 2030. However, the majority of this traffic will...