A Delta Air Lines Boeing 737 Max plane Courtesy: Delta Air Lines Delta Air Lines is buying 100 Boeing 737 Max 10 planes, its first major order for new aircraft from the US manufacturer in more than a decade. The deal has options for 30 more of the planes. Deliveries are slated to begin in …
Delta buys 100 Max planes in first big Boeing order in over a decade Read More »
Boeing on Wednesday stuck by its forecast to return to free cash flow this year as it prepares to resume deliveries of its 787 Dreamliner planes after manufacturing flaws paused deliveries for much of the past two years. The company’s second-quarter results fell short of analysts estimates. Weakness in its defense unit dragged down results, …
Boeing (BA) 2Q 2022 earnings fall short of estimates Read More »
A Gap store in New York, August 2, 2020. Scott Mlyn | CNBC Check out the companies making headlines in midday trading. Gap – Shares of the apparel retailer dropped more than 5% after Gap announced Monday that CEO Sonia Syngal is stepping down from her position. Wells Fargo downgraded the stock to equal weight …
Gap, Peloton, Boeing, American Airlines, Twitter and more Read More »
One of the ways that the sector is seeking to replace conventional fossil jet fuel is by exploring the use of sustainable aviation fuels, or SAF. Justin Tallis | Afp | Getty Images FARNBOROUGH, England – Airline executives at Britain’s Farnborough International Airshow are betting on the use of so-called sustainable aviation fuels to reduce …
Airlines criticized for betting on alternative fuels Read More »
American Airlines posted its first quarterly profit since the Covid pandemic started without government aid but joined competitors in scaling back growth plans after a host of disruptions this year. The carrier on Thursday forecast a third-quarter profit, however, another sign of strong travel demand, even at high prices. American posted a second-quarter profit of …
