EasyJet rejects Wizz bid and raises $1.7 billion from shareholders
EasyJet (EZJ.L) has rejected a takeover approach from Wizz Air that would have created a low-cost airline to rival Ryanair,… Read More »
TSA to double minimum fines for travelers who refuse to wear masks to $500
Travelers who refuse to wear masks could soon face fines of up to $3,000. The Transportation Security Administration on Thursday… Read More »
Airlines lower forecasts, blaming rising Covid cases for weaker travel demand
Several U.S. airlines on Thursday lowered their financial forecasts, citing weaker bookings amid a rise in Covid-19 cases in recent… Read More »
Delaware judge rules that shareholders may pursue 737 MAX claims against Boeing board
A Delaware judge ruled on Tuesday that Boeing’s (BA.N) board of directors must face a lawsuit from shareholders over two… Read More »
Boeing’s stock falls after UBS analyst Myles Walton cut his price target and revenue estimates
Shares of Boeing Co. dropped Tuesday, after UBS analyst Myles Walton cut his price target and revenue estimates, saying he… Read More »
Airbus maintains lead over Boeing in deliveries
Airbus (AIR.PA) delivered 40 jets in August to bring supplies of its new jets to 384 since the start of… Read More »
Northrop Grumman inks $421.6M contract for Missile Defense Agency
Northrop Grumman Systems (NOC -1.8%) awarded a noncompetitive, ID/IQ, hybrid contract with a maximum ceiling value of $421.6M, including $233.9M… Read More »
Iran Air’s interesting Airbus A330 diversion
On Monday, September 6th, an Iran Air Airbus A330 operating Flight IR723 took off from Tehran’s Imam Khomeini International Airport… Read More »