Boeing Co expects to start production of grounded 737 MAX jet this month, Chief Executive Officer David Calhoun said https://bit.ly/2Ab5t2R in an interview with Fox Business News on Friday.
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The deadline for South African Airways (SAA) staff to agree layoff terms has been suspended while a judge considers his ruling in a court case brought by two trade unions at the cash-strapped airline.
At an outer suburban manufacturing plant, engineer Byron Kennedy is resetting a machine to spray-print a layer of copper on to a door handle, aiming to use the metal's antiviral properties to counter the threat of the COVID-19 pandemic.
ANA Holdings Inc, the operator of Japan's top airline, said on Friday it would suspend its recruitment process at its 37 group companies due to an uncertain business climate caused by the coronavirus pandemic.
Singapore Airlines Ltd said on Friday that it would report a material operating loss in the quarter ended March 31 partly because of a collapse in fuel prices that led to major hedging losses and that it would push back aircraft deliveries.
Singapore Airlines Ltd said on Friday it would report a material operating loss in the quarter ended on March 31 due in part to a collapse in fuel prices that has led to major hedging losses and that it would look to push back aircraft deliveries.
Stress has been mounting for Latin American airlines as carriers brace for a slow recovery from the coronavirus pandemic, but Brazil's government on Thursday reduced the loan aid available for carriers, while Panama's Copa Airlines said it did not need a bailout.
Ben & Jerry's won the dismissal on Thursday of a lawsuit by an environmental advocate who claimed the company deceived consumers by saying it used milk and cream from "happy cows" on "Caring Dairy" farms to make its premium ice cream.
Air Lease Corp said it would reduce capital expenditure on new jets in a move likely to restrict its near-term growth but support liquidity, as it faces demands from airlines for rental relief seen as crucial to their survival.
Latvia's government on Thursday gave the go-ahead to an investment of up to 250 million euros ($271 million) in airBaltic to help the airline get through the COVID-19 pandemic.
Budget airline backer Bill Franke, who pioneered rock-bottom fares topped up by optional charges, says slashing prices alone will not be enough to get people flying again as carriers try to inch back to profitability after the coronavirus shutdown.
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Pesticides and seeds producer Corteva Inc on Thursday raised concerns about global corn demand in the latter half of the year, adding to fears that prices could take a further hit from a slump in demand for grain-based ethanol.
Canada's privately held Aldo Group Inc said on Thursday it would restructure under the Companies' Creditors Arrangement Act (CCAA) as the impact of the COVID-19 outbreak weighed on the footwear retailer's business.
Budget airline backer Bill Franke, who pioneered rock-bottom fares topped up by optional charges, says slashing prices alone will not be enough to get people flying again as carriers try to inch back to profitability after the coronavirus shutdown.
Panama's Copa Airlines said on Thursday that it is planning to retire early its fleet of 14 older Boeing 737-700 NG planes, the latest carrier to do away with planes due to the coronavirus crisis.
Reuters
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