IAG Ups Bet on Latin America with Air Europa Takeover
* Buys Air Europa for 1 bln euros * To be funded by external debt * Shares rise more than 2% * To be run by Iberia CEO * Regulators may set requirements -analysts Nov…
Category: stock news
Germany to Hike Electric Car Subsidies as VW Launches Car
- Germany to expand electric car infrastructure - German Chancellor asks industry to help with charging - Volkswagen unveils start of production of its ID.3 electric car BERLIN, Nov 4 (Reuters) - Germany plans to…
Resurgent Boeing 737 MAX Could Trigger Jet Surplus
- Market faces potential surplus of 1,000 jets next year - Air Lease CEO less worried about surge in MAX deliveries - Older aircraft won reprieve during MAX grounding - Boeing aims to deliver record-matching…
Delta Might Pull Out of Alitalia Bid Consortium
MILAN (Reuters) - Delta Air Lines <DAL> could pull out of a consortium looking to rescue Italy's Alitalia as it is unwilling to enter a possible bidding war with Lufthansa <DLAKY>, newspaper Il Corriere della…
Philippine Cebu Air Signs Airbus Aircraft Deal for $4.8 Billion
Cebu Air finalises order for 16 Airbus jets Expected to cut cost per seat, fuel emission A330neo's to be delivered between 2021 and 2024 Nov 4 (Reuters) - Philippines' Cebu Air Inc has finalised the…
Union Pacific Reports Positive Train Control Progress
Union Pacific 4014 "Big Boy" steam locomotive visits Tucson, Arizona on October 18,2019 Union Pacific implemented Positive Train Control (PTC) on 1,113 route miles in the third quarter of 2019, bringing required PTC-operated route miles…
French Navy Received First Two “Standard 6” ATL2’s
(Saint-Cloud, October 29, 2019) – This summer, Lann-Bihoué French naval air station received the first two ATL2 maritime patrol aircraft upgraded by Dassault Aviation. Last week, Florence Parly, Minister of the Armed Forces, flew on…
Pentagon And Lockheed Martin Reach Agreement Reducing F-35A Cost By 12.8 Percent
U.S. Air Force F-35A Lightning II Joint Strike Fighters from the 58th Fighter Squadron, 33rd Fighter Wing, Eglin AFB, Fla. perform an aerial refueling mission with a KC-135 Stratotanker from the 336th Air Refueling Squadron…
Hyatt Reports Third-Quarter 2019 Results
Strong Net Rooms Growth Fuels Nearly 11% Increase in Management and Franchise Fees CHICAGO (October 30, 2019) - Hyatt Hotels Corporation ("Hyatt" or the "Company") (NYSE: H) today reported third-quarter 2019 financial results. Net income attributable…
Bane NOR and Siemens Mobility Celebrate Milestone in Digitalization of Norway’s Rail Network
Campus Nyland test, training and signaling simulation center opensEuropean Rail Traffic Management System (ERTMS) latest in intelligent infrastructureNordlandsbanen will open first digital signaling railway in October 2022 Bane NOR and Siemens Mobility celebrated the opening…