Passenger Transportation Services

Sources say that two U.S. Senators will announce on Thursday a deal regarding aviation safety legislation. This comes after the January fatal collision between an American Airlines regional plane and an Army helicopter, which killed 67 people. Senate Commerce Committee Chair Ted Cruz, a Republican and Maria Cantwell the top Democrat on the panel, are close to a bipartisan deal regarding legislation requiring aircraft owners to equip their fleets by 2031 with advanced aircraft-tracking technologies known as ADS-B and other safety reforms. The agreement will pave the way for the bipartisan vote of the committee to take place next week....

A review of public documents and interviews with executives revealed that critical mineral companies have increased their lobbying efforts to Washington in order to benefit from the ambitious investments made by U.S. president Donald Trump to firms considered essential to national safety. The review revealed that at least 12 companies, including those in the lithium, copper and rare earths industries, as well as geothermal, have signed agreements with Washington lobbying firms. Influence campaigns have increased dramatically in recent years to secure federal investment, permit support and long-term guarantees for procurement. The White House is shifting its focus from the historical...

Sources familiar with the case said that the 91-year old father of an Air India pilot who was killed in a crash in June that claimed 260 lives has asked India's Supreme Court for an independent investigation to consider other causes than the pilot. The lawsuit is a significant escalation in protests against the Indian Government's handling the worst aviation accident in a decade that occurred shortly after takeoff from Ahmedabad, a western city. After criticising the government's investigation, the father of the boy, Pushkar Sabharwal, has now called for an independent investigation to be conducted by a panel headed...

The Trump administration announced on Wednesday that it would withhold $40.6 million in federal transportation funds from California for failure to comply with rules governing truck driver English proficiency. In August, the U.S. Transportation Department warned California and Washington states that they might lose their funding if they don't adopt English proficiency standards for commercial truckers. Sean Duffy, U.S. Secretary of Transportation, said that California is the only state to refuse to make sure big rig drivers are able read road signs and can communicate with police. In response to the Transportation Department's request, a spokesperson for California Governor Gavin...

United Airlines forecast on Wednesday a profit higher than expected in the fourth quarter, thanks to a robust demand for premium travel as well as improved pricing power. Chicago-based airline American Airlines expects a profit adjusted in the range between $3.00 and $3.50 a share for the quarter ending December. According to LSEG, the midpoint of forecast is $3.25 a share. This compares with an average analyst estimate of $2.86. United's adjusted third-quarter profit was $2.78 per share, exceeding analysts' expectations of just $2.63. The earnings report is released just a week following the rival Delta Air Lines' forecast of...

The head of an airline trade group in the United States called for an end to the government shutdown after expressing concern about increasing pressure on air traffic controllers who are working without pay. In an interview, Chris Sununu said, "It has to stop now. Every day, the pressures, and risks, get higher." Sununu is the CEO of Airlines for America. The group represents American Airlines, Delta Air Lines, and United Airlines. "You are getting closer to the day when air traffic controllers will only feel financial pressure." The aviation industry is growing increasingly concerned about the impact of a...

MONTREAL - October 15, The Transportation Safety Board of Canada raised new concerns on Wednesday about near-misses after the number of cases of runway incursions reached a record in Canada last year. This was despite there being no actual collisions. In its annual watchlist, the transport safety agency calls for better use of technology and infrastructure. Data from the air traffic service provider NAV Canada shows that runway incursions increased to 639 in 2018 from 566 by 2023. This is the highest number recorded in the 15-year period for which data is available. When an aircraft or vehicle lands or...

Honeywell's senior executive said that the production of electronic components for aviation was a bright spot within the aerospace supply chain. However, manufacturing some parts remains challenging. Honeywell and other major aerospace suppliers have recently pointed out signs of improvement to the supply chain. Honeywell provides avionics, flight control systems, and ground-based units for airlines, as well as avionics, flight control, and Chinese planemaker COMAC. The International Air Transport Association (IATA), which represents airlines, said that the industry continues to be plagued by shortages in labor and materials such as aluminum, steel, and superalloys. Airlines have faced an extra cost...

Spirit Airlines announced on Tuesday that it would fully implement its transformation by the end 2027. By then, the bankrupt airline expects to generate about $220 millions in net profit. In a regulatory filing the discount airline estimated that its adjusted operating losses in 2025 would be $819 million. After filing for bankruptcy a second consecutive time in August, the ultra-low cost carrier has cut its network and fleet size, and is planning to lay off pilots and flight attendants in order to get on a more solid financial footing. Spirit Airlines said that its EBITDAR, a measure for operating...

The U.S. Senate Commerce Committee will vote on aviation safety legislation on October 21, following a deadly January crash between a regional American Airlines jet and an Army helicopter at Reagan Washington National Airport that killed 67 people. The Senate Commerce Committee chair Ted Cruz, along with several other senators, are set to introduce legislation that will require military helicopters flying near civilian aircraft to use ADS-B technology for tracking, and all civilian aircraft to use ADS-B. At the time of the collision in January, the helicopter that was involved did not use ADS-B. First reported the planned vote next...

A federal judge set a trial date of April 2027 for lawsuits filed over the collision between an American Airlines regional plane and a U.S. Army chopper that claimed 67 lives near Ronald Reagan Washington National Airport this year. U.S. district judge Ana Reyes set the date for a hearing in Washington with attorneys representing victims, defendants such as American Airlines and U.S. Government. Reyes stated at the hearing that "we will not dishonor those who have lost their lives and their families and friends and we will not dishonor employees of defendants who are working hard to ensure safety"...

Honeywell, an aerospace supplier, said Monday that it expects to deliver record numbers of new business aircraft over the next ten years. This is the latest indication that the demand for private air travel has not waned, despite the COVID-19 Pandemic. Private flying recovered earlier than commercial airline's business in 2020 thanks to wealthy travelers who avoided scheduled flights. However, there was doubt about whether they would continue with private air travel after the COVID-19 pandemic ended. According to a report from the U.S. manufacturer of avionics, business jet engines and a variety of other products, private plane deliveries will...

Air India has been in discussions with Airbus and Boeing about adding more wide-body aircraft to its planned purchase of up to 300 aircraft. This is a sign that the turnaround for the Tata Group's Air India has accelerated. Sources say that the negotiations include 80 to 100 wide body jets in addition to 200 narrow body jets and 25-30 large-body aircraft previously reported. Airbus stated that it "does not comment on confidential conversations, which may or might not happen with customers." Air India and Boeing didn't immediately respond to requests for comments. Air India had been reported to be...

Boeing said that it delivered 55 jets to customers in September. This is up from 33 in September of last year, when the production was curtailed by a strike by some 33,000 workers at its Northwest factories. The total is broadly stable from August's 57 deliveries Boeing delivered 87 aircraft in September 2018, its best month since 2018. However, it still lags behind rival Airbus which delivered 73 planes last month. Airbus delivered 507 aircraft to Boeing's 440 in the first nine-month period of this year. Last month, Boeing delivered 40 737 MAX jets, including 10 to Ryanair. One of...

Spirit Airlines, in an effort to optimize its fleet, will not purchase 52 Airbus aircraft and its options on 10 more. AerCap will take over the aircraft orders. The agreement between Spirit and AerCap was approved by the U.S. Bankruptcy Court of the Southern District of New York on Friday as part of a settlement of disputes. Spirit's second bankruptcy was triggered by a dispute with the largest aircraft leasing company in the world. AerCap abruptly cancelled the lease agreements of 36 Airbus A320neo jets scheduled to be delivered to Spirit in 2027-2028. The company also claimed that Spirit had...

Wizz Air aims at ending engine-related groundings for its Airbus aircraft before the end of 2027. However, a senior executive stated on Tuesday that he has not seen an improvement in Pratt & Whitney's bottlenecks which are blamed for the blocking of dozens of jets. Ian Malin, CFO of Wizz Airlines, said that the number of aircraft grounded due to long inspection waiting times has dropped from 60 at its peak. Wizz reported that 41 aircraft were grounded at the halfway point of the year due to GTF engine inspections. The plan is to have the fleet deparked by 2027....

Amsterdam Schiphol Airport announced on Monday that it will freeze airline fees in 2026. The previously planned 5% hike was scrapped following discussions with airlines. Schiphol Airport, Europe's busiest, has increased the fees charged to airlines this year by 41% as part of its three-year plan for funding new investments in the airport. Fee increases will be used for noise reduction, including night flight charges. In a press release, CFO Robert Carsouw stated that "we understand the impact of the 2025 fee increase on airlines". Schiphol has a good financial performance, but some airlines find it expensive. We're talking about...

Director general of the Nigerian civil aviation authority said that they are looking at certifying China’s C919 jets for Nigerian carriers. This is because Nigerian airlines have taken on more aircraft, and relations with Beijing are warming up. COMAC, a Chinese planemaker, is currently producing the C919 narrow-body aircraft to compete with the leading Western planemakers Airbus & Boeing and has had several discussions with Nigeria about the aircraft. This month, the Nigerian aviation minister said that Nigeria is open to COMAC to use the country as an access point to the larger African market. COMAC, the state-owned company, faces...

Air France KLM, the Dutch branch of Air France KLM, announced on Monday that Air France and Delta will no longer use its ground services in Amsterdam Schiphol Airport following the weeks-long strikes of its ground crew. KLM said that the airlines told them they were looking for a new ground handling partner in Schiphol - one of Europe's most busy airports. KLM issued a statement saying that the decision had immediate operational implications, especially for its ground services division. The financial and employment implications of this decision is currently being assessed. Delta and Air France have not responded to...

These are the most popular stories from the Wall Street Journal. These stories have not been verified and we cannot vouch for the accuracy of these stories. Danish biotechnology firm Genmab has agreed to purchase cancer treatment developer Merus, listed on Nasdaq, for approximately $8 billion in cash. U.S. president Trump and congressional leaders will hold last-minute discussions just as Republicans are preparing for a shutdown of the government by mid-week, which could include a new round of firings. Hegseth, the Defense Secretary, will address senior officers and enlisted members of the military at a gathering that will be held...

Here are some company news and stories that could impact the markets in France and Benelux or even individual stocks. The Board of Directors co-opted Matthieu Chanel as an additional director. His appointment will be ratified at the next general meeting. PostNL NV Dutch postal and logistic company priced 300 million euro notes due October 2030. These will be issued at a 99.884 price and have a coupon rate of 4.000% per year. The proceeds of the sale will be used to finance general corporate needs, including refinancing. Marie Brizard Wine and Spirits SA In the first half, the French...

India's aviation safety chief said that the country will need more government oversight, as it's airlines are taking delivery of thousands planes and the market is growing rapidly. In an interview conducted on the sidelines the U.N. Aviation Agency's triennial meeting in Montreal, the director general of civil aircraft, Faiz Ahmad Kidwai, said that India was looking for "more responsibility, greater safety oversight and more manpower" as the number of commercial planes has nearly doubled in the past decade. Another 2,000 aircraft are on order. India's aviation market is growing at a rapid pace, but the crash of Air India...

The Belgian top administrative court rejected Alstom’s request on Wednesday to suspend the national rail operator SNCB’s decision to choose CAF as its preferred supplier for AM30 trains. In a press release, the Council of State said that it had concluded, following an interim review, "that none of the criticisms raised by the company regarding the legality of the appointment decision were serious." CAF was selected as the preferred bidder over German Siemens and French Alstom at the end February. Alstom appealed the decision in April and the court suspended it. The order is crucial in determining Alstom Bruges' future,...

According to a working paper and a reliable source, Russia wants aviation leaders meeting in Montreal this week to relax sanctions on spare parts. It also wants to lift restrictions on overflights. Since the Russian invasion of Ukraine, in February 2022 Western sanctions have restricted access to aircraft and spare parts made abroad, forcing Russian airlines to import parts for over 700 Airbus and Boeing jets, mostly via indirect routes. Sources in the Russian aviation industry say that Russian authorities are currently trying to negotiate relief of sanctions, especially on spare parts which they claim are crucial for flight safety....