Articles by Chris Prentice, Mike Spector and Allison Lampert

US Prosecutors Recommend DOJ Criminally Charge Boeing as Deadline Looms

U.S. prosecutors are recommending to senior Justice Department officials that criminal charges be brought against Boeing after finding the planemaker violated a settlement related to two fatal crashes, two people familiar with the matter told Reuters. The Justice Department must …

US Airlines Ready for Busier Holiday Travel After 2022 Meltdown

U.S. airlines say they are prepared for busier end of year holiday travel compared with the same peak period a year earlier, when storms led to thousands of canceled flights and congestion. The U.S. Federal Aviation Administration expects Thursday to …

Behind Aviation Recovery, Suppliers Struggle to Keep Up

For dealmakers, this week’s Paris Air Show will showcase the boom in demand for commercial planes and military technology. What won’t be on display is the problem that has consumed time and attention of executives and consultants for the past …

Delta Air Lines Faces Proposed Class Action Over Carbon Neutral Claims

Delta Air Lines is facing a proposed class action lawsuit over advertising touting the U.S. carrier as carbon-neutral, according to a complaint filed on Tuesday in California federal court. The complaint, filed on behalf of a California resident who bought …

Global Aviation Industry Assesses Growing Risks of Doing Business With Russia

The fallout to the global aviation industry from Russia’s invasion of Ukraine is spreading beyond the airspace closings over the conflict zone as airlines, lessors and manufacturers face up to growing risks of doing business with Russia. Alaska’s Anchorage Airport, …

Demand for Travel Insurance Takes Off As More Destinations Require Coverage

COVID-19 insurance policies are increasingly joining passports and sunscreen as vacation staples, creating opportunities for insurers as more countries require mandatory coverage in case visitors fall ill from the coronavirus. Airline bookings are on the rise in some regions, driving …

Airlines, Airports Urge UN to Accept COVID Testing Over Quarantines

Airlines and airports will ask a UN-led task force meeting on Tuesday to recommend countries accept a negative COVID-19 test within 48 hours of travel as an alternative to quarantines that have decimated demand for travel, according to a document …

All Members of Canada’s Desjardins Hit by Data Breach: Finance Minister

A June data breach that hit Canada’s Desjardins Group has affected all of the financial cooperative’s 4.2 million members, prompting government reforms to protect personal information in the Canadian province of Quebec, an official said on Friday. Quebec Finance Minister …

Aviation Industry Braces for Double-Digit Premium Hikes After 737 MAX Groundings

The aviation industry is bracing for double-digit insurance premium hikes for the first time in about 15 years, as insurers wrestle with higher costs from aircraft groundings, including the grounding of Boeing Co.’s 737 MAX jets following two fatal crashes, …

Canada Should Require Stronger Rail Cars for Crude Before 2025 Deadline: Official

Canada ought to require stronger tank cars for transporting flammable liquids sooner than the current deadline in 2025, Transportation Safety Board Chair Kathy Fox said on Thursday, noting that crude-by-rail shipments are expected to rise in the country. “We understand …