Travel recovery key to Virgin Atlantic IPO plan
Virgin Atlantic, the transatlantic airline founded by billionaire Richard Branson, may need a deeper travel recovery to take hold before… Read More »
SkyWest Announces Flying Agreement with Delta for 16 New E175s
SkyWest, Inc. (NASDAQ: SKYW) (“SkyWest”) today announced an agreement with Delta Air Lines (“Delta”) to purchase and operate 16 new… Read More »
Boeing 737 MAX departs for key test flight in China
A Boeing 737-7 Max jet departed for China on Wednesday to conduct a flight test as part of the U.S…. Read More »
Cost cuts and asset sales keep Rolls-Royce on track despite slow deliveries
Rolls-Royce is on track to meet its forecasts for this year as cost cuts and asset sales help the British… Read More »
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 »