Spirit Airlines has reached an agreement with Europe's Airbus to defer aircraft deliveries during 2020 and 2021, as the coronavirus pandemic weighs on travel demand, Chief Financial Officer Scott Haralson said on Thursday.
All conditions for a rescue plan for South African Airways (SAA) have been met, apart from a guarantee letter lenders need from the government, the state-owned airline's administrators said on Thursday.
Thousands of Egyptians defied government warnings over the coronavirus on Thursday to crowd a vast seasonal livestock market near the capital, without wearing face masks, a week before the Muslim Eid Al-Adha holiday.
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
A study of analyst recommendations at the major brokerages shows that IAMGold Corp (Symbol: IAG) is the #37 broker analyst pick, on average, out of the 50 stocks making up the Metals Channel Global Mining Titans Index, according to Metals Channel. The Metals Channel Global Mi
In trading on Thursday, shares of Steel Dynamics Inc. (Symbol: STLD) crossed above their 200 day moving average of $27.97, changing hands as high as $28.35 per share. Steel Dynamics Inc. shares are currently trading up about 0.1% on the day. The chart below shows the one yea
In trading on Thursday, shares of Reliance Steel & Aluminum Co. (Symbol: RS) crossed above their 200 day moving average of $103.07, changing hands as high as $107.06 per share. Reliance Steel & Aluminum Co. shares are currently trading up about 9.3% on the day. The c
Brazil's Gol Linhas Aereas Inteligentes said late on Wednesday that it had fired KPMG as its external auditor, weeks after it raised red flags about the airline's internal controls and ability to survive the coronavirus crisis.
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
Britain's Rolls-Royce was still considering all options for bolstering its balance sheet in the wake of the pandemic, CEO Warren East said on Thursday, as he highlighted progress on new technologies to drive future growth.
Ascena Retail Group, owner of Ann Taylor and Lane Bryant, filed for Chapter 11 bankruptcy protection on Thursday, succumbing to the economic fallout of the COVID-19 pandemic that has already pushed some of the biggest retailers to the brink.
Southwest Airlines and American Airlines each slowed their cash burn over the second quarter but warned that demand had stalled as COVID-19 cases spike, prompting Southwest to rethink the number of flights it had planned to add in August and September.
Melaniya Petrushanska spent almost a sixth of her life in accidental exile after Israel sealed its borders while she was abroad on what was meant to be a short holiday.
Southwest Airlines Co said on Thursday it is rethinking the number of flights it had planned to add in August and September as weakening revenue pushes its daily cash burn up. Southwest posted a net loss of $915 million, or $1.63 per share for the quarter ended June 30.
Rolls-Royce Chief Executive Warren East said the aerospace engineer was still examining options to strengthen its balance sheet and had not made any decisions.
Emirates airline is offering some pilots and cabin crew up to four months of unpaid leave, as it strives to manage the impact of the COVID-19 pandemic, an internal email said.
Singapore Airlines Ltd said on Thursday it had secured S$750 million ($541.87 million) of funding against some of its Airbus and Boeing aircraft to shore up liquidity amid plummeting demand due to the novel coronavirus.
Thousands of Spanish Airbus employees gathered outside a factory near Madrid on Thursday, waving banners and chanting through face-masks, to protest against a restructuring plan that will see hundreds of jobs lost.