EU probes 3.2 billion Euro restructuring aid for airline TAP
EU competition regulators will investigate whether a 3.2-billion-euro ($3.8 billion) restructuring plan for ailing Portuguese airline TAP is proportionate and… Read More »
Lyft to resume shared rides in U.S. for first time since pandemic
Lyft said it will return the option for passengers to book shared rides in select U.S. markets for the first… Read More »
Malaysia Aviation Group opens tender to sell six Airbus A380-800 planes
Malaysia Aviation Group (MAG) has launched a tender for the sale of six Airbus A380-800 aircraft or their components, the… Read More »
Alitalia’s successor ITA to take off in mid-October after EU deal
Carrier Italia Trasporto Aereo (ITA) will replace state-owned Alitalia and start flying in mid-October after Italy reached a long-awaited deal… Read More »
A Delta pilot is suing the company for $1 billion and accusing it of stealing the idea for an App
He said he spent $100,000 to build the app, which he pitched to Delta, Bloomberg reported. A Delta Air Lines… Read More »
Boeing cuts 787 production, suffers 737 MAX cancellation
Boeing said it will cut 787 production after finding another production-related structural defect, and a major customer partially canceled a… Read More »
Lockheed Martin opens advanced manufacturing facility to expand Orion Spacecraft production
Lockheed Martin [NYSE: LMT] opened its Spacecraft Test, Assembly and Resource (STAR) Center today. The STAR Center features business and digital transformation… Read More »
Delta Air Lines reports first profit since Covid-19 pandemic
Delta Air Lines DAL 2.34% said U.S. vacation travel has fully recovered as the airline reported its first quarterly profit since the Covid-19… Read More »