Showing 61 - 70 of 214
Economic heavyweight Boeing hammered by dual crises
AFP, Published on 15/03/2020
» NEW YORK: Boeing lost $52 billion on the stock market in a week, a rout that underscores the challenges facing the aircraft manufacturer amid setbacks over the 737 MAX and the coronavirus pandemic.
Italy tests lockdown; global cases near 110,000: Virus update
Published on 09/03/2020
» Italy started its first working day after a government decree sought to curb movement within the country’s financial hub. Germany plans to boost investment to help its economy and the Trump administration is drafting measures to blunt the economic fallout from the outbreak.
OTT Airlines to operate Chinese-made aircraft
Business, Published on 27/02/2020
» BEIJING: China Eastern Airlines has launched a fresh subsidiary -- OTT Airlines -- to push home-grown aircraft to wider markets.
United Airlines pushes 737 MAX flights to September
AFP, Published on 15/02/2020
» NEW YORK: United Airlines announced Friday it was pushing back to September 4 the resumption of flights using the Boeing 737 MAX aircraft, grounded worldwide following two deadly crashes.
Audit slams US safety oversight of Southwest Airlines
AFP, Published on 13/02/2020
» NEW YORK: The Federal Aviation Administration's lax oversight allowed Southwest Airlines to put millions of passengers at risk, according to a new audit that adds to scrutiny of the US regulator.
Coronavirus clips wings of Asia's biggest air show
AFP, Published on 11/02/2020
» SINGAPORE: Asia's biggest air show opened in Singapore Tuesday under the shadow of a deadly coronavirus outbreak that has forced dozens of companies to withdraw and is threatening to hammer the aviation industry.
US economic growth slowed in 2019, hit by trade wars
AFP, Published on 31/01/2020
» WASHINGTON: The US economy in 2019 expanded by the slowest rate since President Donald Trump took office as worsening trade friction undermined investment and exports, according to new government data released Thursday.
Wind forces Boeing to again delay first flight of 777X
AFP, Published on 25/01/2020
» EVERETT, United States: High wind forced Boeing to again delay the inaugural flight of its long-haul 777X aircraft on Friday.
New CEO stands by 737 MAX, eyeing reset at troubled Boeing
AFP, Published on 23/01/2020
» NEW YORK: Boeing Chief Executive David Calhoun sought to pivot from a bruising period of crisis and scandal on Wednesday, pledging a renewed commitment to safety and transparency and endorsing the long-term viability of the 737 MAX plane.
Boeing says 737 MAX return delayed until mid-2020
AFP, Published on 22/01/2020
» NEW YORK - Boeing on Tuesday officially pushed back the timeframe for the 737 MAX to return to the skies, sending shares plunging and overshadowing an earlier announcement of a first flight of the delayed 777X plane.