Boeing Net Orders Slump to Lowest in Decades
(Reuters) - Boeing Co <BA> reported its worst annual net orders in decades on Tuesday, along with its lowest numbers for plane deliveries in 11 years, as the grounding of its 737 MAX jet saw…
Category: Global Politics
MGM To Sell Las Vegas Resorts To Joint Venture In $4.6B Deal
MGM Resorts International (NYSE: MGM) said Tuesday that it plans to sell the MGM Grand and Mandalay Bay properties to a joint venture of MGM Growth Properties LLC (NYSE: MGP) and Blackstone Real Estate Income Trust, Inc. for $4.6 billion. The Blackstone Real…
Ford’s Vehicle Sales in China Tumble for Third Consecutive Year
SHANGHAI (Reuters) - Ford Motor Co's <F> China vehicle sales fell for a third consecutive year, by 26.1%, as it battles a prolonged overall sales decline in its second-biggest market that has hit demand for…
€755 Million Deal to Refurbish and Maintain Avanti West Coast Pendolinos
Deal will see the creation of 100 jobsProgramme is the UK’s biggest ever train upgradeSeven-year contract will see fleet maintained by the train’s manufacturer, Alstom Britain’s most iconic train fleet is to undergo a major…
SpaceX Dragon Resupply Mission (CRS-19) Splashdown
Packed with about 3,800 pounds of cargo and science, SpaceX’s Dragon spacecraft departed the International Space Station on Tuesday, January 7. A parachute-assisted splashdown in the Pacific Ocean occurred that morning just west of Baja…
GM to Revive Hummer Name with Electric Pickups, SUV’s
Workers leave the General Motors CAMI car assembly plant where the GMC Terrain and Chevrolet Equinox are built in Ingersoll WASHINGTON (Reuters) - General Motors Co <GM> will revive the Hummer name to sell a…
China’s Bid to Challenge Boeing and Airbus Falters
BEIJING/PARIS (Reuters) - Development of China’s C919 single-aisle plane, already at least five years behind schedule, is going slower than expected, a dozen people familiar with the programme told Reuters, as the state-owned Commercial Aircraft…
Boeing Rolls Out First Space Launch System Core Stage for Delivery to NASA
Teams at Stennis Space Center prepare for core stage hot-fire testing ahead of Artemis I lunar mission Boeing [NYSE: BA] today delivered the core stage of NASA’s first Space Launch System (SLS) deep space exploration…
Atlas Air Lands El Al As New Customer
El Al Israel Airlines is outsourcing operation of its main freighter route between Tel Aviv and Liege, Belgium, to Atlas Air Inc. under an extended charter arrangement. Atlas, an aviation services company headquartered in Purchase,…
United Airlines to Record $90 Million Charge Related to Hong Kong Routes
(Reuters) - United Airlines Holdings Inc <UAL> said on Tuesday it expects a non-cash impairment charge of $90 million in the fourth quarter related to its Hong Kong routes, following anti-government protests in the city.…