India Renews Plan to Sell Off Air India
The Indian government is in the market to sell its stake of Air India - and on Monday set a March 17 deadline for initial expressions of interest. Indian conglomerate Hinduja Group and US-based fund…
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Kobe Bryant Dies in California Helicopter Crash
The sports world was in mourning following news Sunday that Kobe Bryant, his daughter Gianna, and seven other people died died in a helicopter crash. Weather is believed to have been a contributing factor in…
Brazil Antitrust Regulator Gives Nod to Boeing-Embraer Deal
The Boeing logo is displayed on a screen, at the NYSE in New York BRASILIA (Reuters) - Brazilian antitrust regulator Cade on Monday approved Boeing Co's <BA> purchase of Embraer SA's <ERJ> commercial aviation division…
Delta Launches Innovative Solution for Pet Travel
Delta is ushering in a new best-in-class travel experience for pets and their owners with the exclusive launch of CarePod. The introduction of this state-of-the-art pet travel carrier, which provides many industry-leading features including real-time…
American Airlines Reports Q4 and Full-Year 2019 Profit
FORT WORTH, Texas — American Airlines Group Inc. (NASDAQ: AAL) today reported its fourth-quarter and full-year 2019 financial results, including these highlights: Fourth-quarter 2019 earnings were $0.95 per diluted share. Excluding net special items1, earnings…
Boeing Delays 777X First Test Flight Due to Bad Weather
The folding wingtip of an unpainted 777X is pictured at Boeing's facility in Everett (Reuters) - Boeing Co <BA> said on Wednesday it was delaying 777X airplane's first test flight, which was scheduled to take…
Ford Expects $2.2 Billion Pre-Tax Hit Related to Pension Plans in fourth quarter
FILE PHOTO: The corporate logo of Ford is seen at Brussels Motor Show (Reuters) - Ford Motor Co <F> said on Wednesday its fourth quarter results will be hit by a pre-tax loss of about…
Boeing’s New CEO Orders Rethink on Key Jetliner Project
LONDON/CHICAGO (Reuters) - Boeing Co's new chief executive has sent the aerospace giant back to the drawing board on proposals for a new mid-market aircraft, effectively shelving in their current form plans worth $15 billion-$20…
What Air France-KLM’s Bid For Malaysian Airlines Stake Could Mean For Delta
Delta Air Lines, Inc. (NYSE: DAL) traded down 1.8% Tuesday shortly after its global affiliates announced a bid for an embattled airline. In an early round of bidding against other international airlines, Air France-KLM proposed to buy a 49% stake…
Brazil’s GOL Sees 737 MAX Flying by April, Compensation Talks Ongoing
DUBLIN (Reuters) - Brazilian low-cost carrier GOL, which has 130 of Boeing's grounded 737 MAX jets on order, expects to be flying the jet by April and hopes to secure a compensation deal within months,…