Singapore Airlines slumps to $817 million quarterly loss as pandemic hits demand
Singapore Airlines Ltd (SIAL.SI) warned passenger capacity may remain at less than half of pre-pandemic levels by its March… Read More »
Boeing slashes jet output, eyes factory shake-up as COVID-19 hammers sales
Boeing Co (BA.N) slashed production of its biggest twin-engined jets, delayed its new 777X by up to a year and… Read More »
Global airlines less hopeful on COVID-19 recovery
Global airlines cut their coronavirus recovery forecast on Tuesday, saying it would take until 2024 – a year longer than… Read More »
Ryanair slashes traffic outlook, fears COVID-19 second wave
Ryanair cut its annual passenger target by a quarter on Monday and warned the second wave of COVID-19 infections could… Read More »
Hughes Network Systems to invest $50 million to join OneWeb consortium
U.S. satellite broadband provider Hughes Network Systems has agreed to invest $50 million in the British government and Bharti-backed consortium… Read More »
Boeing to delay 777X as demand drops for big jets – sources
Boeing Co (BA.N) is preparing to delay its all-new 777X jet by several months or up to a year, three… Read More »
U.S. relaxes rules to export more aerial drones
The Trump administration will reinterpret a Cold War-era arms agreement between 34 nations to allow U.S. defense contractors to sell… Read More »
Airbus offers subsidy concession to end U.S. tariffs
Europe’s Airbus said on Friday it would increase loan repayments to France and Spain in a “final” bid to reverse… Read More »