Southwest Airlines cuts outlook and warns on delta Covid variant hurting bookings
Southwest Airlines lowered its revenue and profit forecast Wednesday, blaming the Covid delta variant for a drop in bookings. The airline… Read More »
Cathay Pacific’s loss shrinks in first half
Hong Kong’s Cathay Pacific Airways Ltd (0293.HK) said on Wednesday its first-half loss shrank by nearly a quarter, helped by a drastic… Read More »
Joby makes surges in trading after SPAC deal with Zynga and LinkedIn founders
Shares of electric aircraft maker Joby Aviation surged more than 20% after opening at $10.62 in their first day of trading on… Read More »
Boeing near breakthrough 737 MAX deal with new Indian carrier
Boeing (NYSE:BA) is in advanced talks with a newly created Indian budget carrier to sell 737 MAX jets, in a… Read More »
Amazon Air opens $1.5 billion air hub in Kentucky in latest push to speed deliveries
Amazon Air, formerly known as Amazon Prime Air opened its $1.5 billion air hub in northern Kentucky, which will help accelerate… Read More »
Harley’s stock tumbles as inflation worries overshadow progress on turnaround
Harley-Davidson Inc on Wednesday warned soaring raw material prices and supply chain and logistics bottlenecks would hurt its earnings in… Read More »