A U.S. inspector general's office report set to be released on Thursday faulted "weaknesses" in the Federal Aviation Administration's (FAA) certification of the Boeing 737 MAX that was grounded for 20 months after two crashes killed 346 people.
Air New Zealand Ltd on Thursday posted a first-half pretax loss of NZ$185 million ($136.97 million) and forecast a significant loss for 2021 due to a sharp fall in travel associated with the coronavirus pandemic.
Air New Zealand Ltd on Thursday posted a first-half pretax loss of NZ$185 million ($136.97 million) due to a sharp fall in travel associated with the coronavirus pandemic.
U.S. planemaker Boeing Co said it expects demand for 2,610 new airplanes, valued at $365 billion, from Latin America and the Caribbean over the next two decades.
Lufthansa on Wednesday rejected charter airline Condor's accusations that it was abusing its market position in cancelling an agreement between the two companies late last year, months after the larger German carrier received a bailout.
Boeing is not engaging with Norwegian Air's restructuring proceedings in Ireland or Norway, a lawyer for Norwegian said on Wednesday, a decision that may complicate the airline's efforts to recover from the brink of collapse.
Norwegian Air and jet maker Airbus have agreed on terms to repudiate the carrier's contract for new aircraft, lawyers representing the two firms told Ireland's High Court on Wednesday.
EasyJet will raise 1-1.2 billion euros from a seven-year bond sale later on Wednesday, according to memo from a bank arranging the deal seen by Reuters, days after Britain laid out a timeline for a return to international travel.
Discount store operator TJX Cos Inc missed holiday-quarter sales estimates on Wednesday, as coronavirus-induced lockdowns in Europe and Canada pressured sales of non-essential products such as footwear and apparel, sending shares down 3%.
Copper hovered near 9-1/2 year highs on Wednesday on a weaker dollar, low inventories and hopes that the metal will benefit from higher demand as major economies recover from the impact of coronavirus.
Discount store operator TJX Cos Inc missed estimates for quarterly net sales on Wednesday, as coronavirus-induced lockdowns in Europe and Canada pressured sales of non-essential products such as footwear and apparel.
Joby Aviation, the 12-year-old electric air taxi startup partnered with Toyota Motor Corp and Uber Technologies, will go public in a $6.6 billion reverse merger with blank check company Reinvent Technology Partners, the firms said on Wednesday.
Shanghai Dalu Futures, the Chinese brokerage that has amassed a $1 billion long position on Shanghai Futures Exchange (ShFE) copper, is also very bullish on the metal on ShFE's subsidiary bourse, data showed on Wednesday.
Italian brand Missoni kicked off the first day of Milan Fashion Week on Wednesday, with designers once again forced to swap the buzzing catwalks for digital presentations due to the COVID-19 pandemic.