American Airlines Group Inc upsized and priced a $10 billion bond and loan offering, supported by its AAdvantage loyalty program, the carrier said on Wednesday.
Mexico's lower house of Congress on Wednesday approved a bill that would decriminalize cannabis for recreational, medical and scientific uses, bringing it a step closer to creating one of the world's largest markets for the plant.
Prominent attorneys Kenneth Feinberg and Camille Biros have been named to oversee a $500 million victim compensation fund for the relatives of 346 people killed in two fatal Boeing 737 MAX crashes, a spokeswoman for Feinberg confirmed on Wednesday, the second anniversary of the second crash.
U.S. lawmakers on Wednesday gave final approval to a new $14 billion payroll assistance package to U.S. airlines as part of a COVID-19 relief bill, the third round of government support to the struggling sector since March 2019.
When Irishman Aengus Kelly got his first job in aircraft leasing in 1996 it was with a firm so down on its luck the American giant General Electric had an option to buy it for one dollar.
Prominent attorneys Kenneth Feinberg and Camille Biros will be named to oversee a $500 million victim compensation fund for the relatives of 346 people killed in two fatal Boeing 737 MAX crashes, a spokeswoman for Feinberg confirmed on Wednesday.
The U.S. Justice Department will name victim compensation experts Ken Feinberg and Camille Biros to oversee a $500 million victim compensation fund for the relatives of 346 people killed in two fatal Boeing 737 MAX crashes, sources briefed on the matter said on Wednesday.
Russia's flagship airline Aeroflot reported a fourth-quarter net loss more than six times higher than the previous year amid coronavirus-related curbs on passenger traffic.
Lufthansa is planning to launch an asset disposal programme as early as summer with the sale of its 1 billion euro Airplus unit as the German carrier seeks to raise cash to emerge from a government bailout, people close to the matter said.
Russia's flagship airline Aeroflot on Wednesday reported a fourth-quarter net loss more than six times higher than a year before following coronavirus-related curbs on passenger traffic and a rise in fuel costs.
Germany's Bayer on Wednesday pledged to revive growth in adjusted earnings by 2024, helped by the launch of products such as digital farming services, soy seeds and non-prescription remedies.
Britain wants to cut air passenger duty on domestic flights to boost internal links and will launch a consultation this spring, giving a glimmer of hope to the stricken airline industry.
British clothing retailer Next has agreed to buy a 25% stake in upmarket smaller rival Reiss and has an option to secure majority control, it said on Wednesday.
China’s wheat carryout in 2020-21 is set to fall for the first time in eight years, though that is not saying much given that the world’s leading grower has more than a year’s worth of supply in storage.
Germany's Bayer on Wednesday pledged to boost adjusted earnings growth until 2024, helped by the launch of digital farming services, soy seeds and consumer health products.