GE’s shares soar as earnings recover from pandemic lows
General Electric Co GE.N on Wednesday unexpectedly reported a quarterly profit and a positive cash flow on the back of cost cuts… Read More »
Boeing deepens job cuts as twin crises extend losses
Boeing Co BA.N unveiled a fourth straight quarterly loss and deeper job cuts on Wednesday as the coronavirus pandemic and the lengthy… Read More »
Japan’s ANA to shrink fleet as it skids toward record $4.8 billion loss
Japan’s ANA Holdings Inc 9202.T on Tuesday said it will retire more than a tenth of its mostly Boeing Co BA.N fleet and delay… Read More »
Saudi airline faces claim over 50 leased Airbus planes
State-owned Saudi Arabian Airlines is facing a claim in London’s High Court filed last month by a Dubai-based financial services… Read More »
Airplane COVID-19 risk ‘very low’ with masks, other actions, report finds
Transmission risks of COVID-19 during airline flights are very low and below other routine activities during the pandemic such as… Read More »
Rolls-Royce seeks $2.6 billion in make-or-break share issue
Aero-engine maker Rolls-Royce will ask shareholders on Tuesday for 2 billion pounds ($2.6 billion) in a make-or-break attempt to survive… Read More »
No timetable yet for Boeing 737 MAX’s return to service in China
China, the first country to ground Boeing Co’s 737 MAX following two fatal crashes, has not set a timetable for… Read More »
British Airways jumbo saved from scrap heap by film deal
A British Airways jumbo jet has found a new role as a film set, saving it from the scrap heap… Read More »