Airbus production plans expose strategy rift with engine makers
A rift between Airbus (AIR.PA) and engine makers over plans for higher jet output blotted strong aerospace earnings this week, with worries… Read More »
Ferrari boss has no fears over electric future
Ferrari, the sports car maker synonymous with roaring petrol engines, welcomes the shift to electric powertrains and is confident of… Read More »
Uber and Lyft business boosted by return of riders, but driver shortage
Ride hailing companies Uber Technologies Inc and Lyft Inc promised Wall Street they would be back on the road to… Read More »
Amazon-backed Rivian in talks with ministers over UK factory
Amazon.com Inc-backed electric vehicle start-up Rivian Automotive is in talks with ministers about building a factory in the UK that… Read More »
U.S. watchdog rejects Blue Origin protest over NASA lunar contract
A U.S. government watchdog on Friday sided with NASA over its decision to pick a single lunar lander provider, rejecting… Read More »
Spirit CEO urges employees and passengers to get Covid shots
Spirit Airlines CEO Ted Christie told CNBC on Friday that he’s urging all passengers and employees to get Covid shots, even… Read More »
IAG airline group says summer capacity could go higher than 45%, sees Q4 up to 75%
The chief executive of British Airways-owner IAG (ICAG.L) said that capacity in the summer quarter could beat its 45% guidance, and that… Read More »
Air France-KLM narrows losses as bookings begin recovery
An easing of coronavirus travel restrictions is generating the first signs of recovery at Air France-KLM (AIRF.PA), the airline group said… Read More »