Lufthansa reports first positive cash flow and narrower Q2 loss since crisis
Germany’s Lufthansa said on Thursday it further narrowed its losses in the second quarter and recorded first positive adjusted free… Read More »
Streaming space tourism is the new reality TV
You can’t afford space tourism. But you’ll be able to watch it on Netflix. When SpaceX launches its first all-civilian… Read More »
Bruges, the ‘Venice of the North’ is one of the best canal cities in Europe
Such is the vice-like grip that Venice holds over the public’s imagination, when considering canal cities you could be forgiven… Read More »
Garuda Indonesia agrees with lessor early return of 9 Boeing 737 jets
Flag carrier Garuda Indonesia will return nine leased Boeing 737-800NG aircraft ahead of schedule, as part of an agreement to… Read More »
Renault locks in Vulcan Energy five-year deal for lithium supply
German-Australian start-up Vulcan Energy Resources Ltd (VUL.AX) said on Monday it has signed a deal to supply lithium to Renault SA (RENA.PA), the… Read More »
Airbus production plans expose strategy rift with engine makers
A rift between Airbus (AIR.PA) and engine makers over plans for higher jet output blotted strong aerospace earnings this week, with worries… Read More »
Ferrari boss has no fears over electric future
Ferrari, the sports car maker synonymous with roaring petrol engines, welcomes the shift to electric powertrains and is confident of… Read More »
Uber and Lyft business boosted by return of riders, but driver shortage
Ride hailing companies Uber Technologies Inc and Lyft Inc promised Wall Street they would be back on the road to… Read More »
Amazon-backed Rivian in talks with ministers over UK factory
Amazon.com Inc-backed electric vehicle start-up Rivian Automotive is in talks with ministers about building a factory in the UK that… Read More »
U.S. watchdog rejects Blue Origin protest over NASA lunar contract
A U.S. government watchdog on Friday sided with NASA over its decision to pick a single lunar lander provider, rejecting… Read More »
Indian billionaire’s new airline may give Boeing a chance to regain lost ground
Indian billionaire Rakesh Jhunjhunwala’s plan to launch an ultra-low-cost airline, could give planemaker Boeing a chance to regain lost ground… Read More »
Spirit CEO urges employees and passengers to get Covid shots
Spirit Airlines CEO Ted Christie told CNBC on Friday that he’s urging all passengers and employees to get Covid shots, even… Read More »
IAG airline group says summer capacity could go higher than 45%, sees Q4 up to 75%
The chief executive of British Airways-owner IAG (ICAG.L) said that capacity in the summer quarter could beat its 45% guidance, and that… Read More »
Air France-KLM narrows losses as bookings begin recovery
An easing of coronavirus travel restrictions is generating the first signs of recovery at Air France-KLM (AIRF.PA), the airline group said… Read More »
International Space Station thrown out of control by misfire of Russian module
The International Space Station (ISS) was thrown briefly out of control on Thursday when jet thrusters of a newly arrived… Read More »
Bombardier reaches deal in hopes of ending strike at Toronto plant
Bombardier Inc said on Friday it expects work to resume at a Toronto business-jet assembly plant soon, after reaching a… Read More »
Boeing scrubs its space capsule launch and blames the Russians
Otherworldly investors will have to wait a little longer for the next dramatic step in commercial space travel: Boeing had to push back Friday’s… Read More »
New survey shows most flight attendants have dealt with unruly passengers
Verbal attacks. Seat kicking. Throwing trash at crew. Those are some of the incidents flight attendants have faced this year… Read More »
Airbus doubled its full-year profit forecast but cautious on virus
Europe’s Airbus doubled its full-year profit forecast and raised the outlook for jet deliveries after posting better-than-expected half-year results, pushing… Read More »
How Boeing, Airbus large freighters compare
Airbus has announced a freighter version of its wide-bodied A350 in a bid to loosen Boeing’s decades-old dominance of the… Read More »
Textron lifts 2021 profit forecast again on business jet strength
Textron Inc on Thursday beat Wall Street estimates for quarterly profit and raised its full-year adjusted profit forecast for the… Read More »
Northrop lifts outlook as countries ramp up space exploration
Defense contractor Northrop Grumman Corp raised its full-year forecast on Thursday and beat quarterly estimates, propped up by high demand… Read More »
Airbus A350 freighter launch challenges Boeing cargo dominance
Europe’s Airbus took aim at one of Boeing’s most profitable strongholds on Thursday with plans for a freighter version of… Read More »
German airline Condor to acquire Airbus A330neo to replace its old Boeing 767 jets
German leisure airline Condor is acquiring 16 Airbus A330neo jets to replace a wide-bodied fleet of Boeing 767 aircraft, accounting… Read More »
Asked on Porsche IPO, VW CEO says we have to ‘consider’ tapping markets
Volkswagen boss Herbert Diess on Thursday dodged questions about a potential initial public offering of Porsche AG, saying only that… Read More »
China’s CATL unveils sodium-ion battery, a first for a major car battery maker
China’s CATL (300750.SZ) on Thursday became the first major automotive battery maker to unveil a sodium-ion battery, saying it planned to set… Read More »