Virgin Australia creditors approve airline’s purchase by Bain Capital
Virgin Australia Holdings Ltd’s (VAH.AX) creditors voted on Friday in favour of the purchase of Australia’s second-biggest airline by U.S…. Read More »
Norwegian Air reports 91% traffic fall amid search for more cash
Norwegian Air NORR.OL, which is attempting to secure a second round of financial restructuring, saw a 91% decline in August… Read More »
Brazil’s Embraer says is cutting its workforce by 4.5%, or about 900 jobs
Brazilian planemaker Embraer SA (EMBR3.SA) said on Thursday it is reducing its workforce by 4.5%, or around 900 jobs, as… Read More »
Qatar Airways agrees delivery delays with Airbus, still talking to Boeing
Qatar Airways has struck a deal with Airbus SE (AIR.PA) to delay delivery of airplanes due to the pandemic-induced travel… Read More »
Boeing aims to increase Black employees by 20%, CEO says in memo
Boeing Co (BA.N) is seeking to increase Black U.S. employees throughout the company by 20% and mandate benchmarks for hiring… Read More »
Boeing finds flaws in fuselage of some Dreamliners; eight aircraft affected
Boeing Co (BA.N) said on Friday that some airlines operating its 787 Dreamliners have removed eight jets from service after… Read More »
Canada completes Boeing 737 MAX flight tests, analyzing results: statement
Canada has completed simulator and flight tests of Boeing Co’s (BA.N) 737 MAX jetliner, which was grounded worldwide after two… Read More »
Rolls-Royce self-harms by selling family silver
Rolls-Royce’s plans to flog chunks of the family silver look like self-harm. Although the 2 billion pounds ($2.6 billion) it… Read More »