Airbus Posts Strong January Orders, Delivers 31 Jets
PARIS (Reuters) - Airbus <EADSY> posted its biggest January order haul in at least 15 years on Thursday as it booked a major leasing order that has been in the pipeline for several months, and…
Tag: Reuters
Norwegian Air’s Shares Jump as Turnaround Takes Off
OSLO (Reuters) - Norwegian Air's turnaround gathered pace last month as the budget carrier removed unprofitable routes from its network and boosted the income from remaining flights, sending its shares up almost 6% in early…
China’s HNA Steps Up Efforts to Sell Swissport at Big Discount
LONDON/FRANKFURT, Feb 5 (Reuters) - China's HNA Group is resuming efforts to find a buyer for airport luggage handler Swissport despite facing a loss of several hundred million dollars on its initial $2.8 billion investment,…
United Buys Arizona Flight Academy to Feed Pilot Pipeline
CHICAGO, Feb 5 (Reuters) - United Airlines Holdings Inc announced on Wednesday an agreement to purchase a flight training academy in Phoenix in a move aimed at bolstering its pilot pipeline as the industry faces…
Ford Posts Fourth-Quarter Loss, Disappointing 2020 Outlook
DEARBORN, Mich. (Reuters) - Investors sent Ford Motor Co shares skidding on Tuesday after the company delivered a weaker-than-expected 2020 forecast, warning of higher warranty costs, lower profits at its credit arm and continued investments…
Brazil’s Gol Shares Jump on American Codeshare Agreement
SAO PAULO, Feb 4 (Reuters) - Shares in Brazil's Gol rose as much as 5.5% on Tuesday after the budget airline said it had signed a codeshare agreement with American Airlines. "When this is approved…
AirAsia Shares Plunge After Airbus Bribery Allegations
KUALA LUMPUR (Reuters) - Shares of Malaysia's AirAsia Group <5099.KL> fell on Monday, after allegations by Britain's Serious Fraud Office that Airbus <EADSY> paid a bribe of $50 million to win plane orders from Asia's…
Some Exhibitors Drop Out of Singapore Airshow Due to Coronavirus
Textron, Gulfstream no longer attendingOrganisers expect reduction in exhibitors, visitorsSouth Korea's air force reviewing participation By Jamie Freed and Allison Lampert SYDNEY/MONTREAL, Feb 3 (Reuters) - Some aerospace companies including business jet manufacturers Textron Inc…
Delta, American Suspend All China Flights as U.S. Government Takes Action
WASHINGTON/CHICAGO (Reuters) - Delta Air Lines Inc <DAL> and American Airlines Group Inc <AAL> decided on Friday to temporarily suspend all remaining U.S.-China flights after the U.S. State Department elevated a travel advisory over concerns…
American Airlines Pilots Union Sues to Stop China Flights
WASHINGTON/PARIS/SINGAPORE (Reuters) - A pilots union filed a lawsuit on Thursday seeking to immediately halt American Airlines U.S.-China service, as cabin crews worldwide voiced unease about exposure to the rapidly-spreading coronavirus which has killed more…