Delta Air Lines has taken over an order worth roughly $3 billion at list prices for 10 Airbus A350 jetliners from Latam Airlines Group), two industry sources said.
Unlike wind and solar, geothermal energy is a 24/7 energy resource, but the technologies to explore and drill for resources and build facilities make geothermal energy more expensive than other renewables.
Global airlines will lose $314 billion in revenue due to the coronavirus pandemic in 2020 according to a forecast from the industry's representative body IATA, which raised its estimate from the $252 billion figure given on March 24.
The ten U.S. states coordinating plans separately from the White House to reopen businesses shut by the coronavirus are responsible for an outsized proportion of the U.S. economy.
The U.S. Department of Agriculture will spend up to $15.5 billion in the initial phase of its plan to bolster the nation's food supply chain against the impacts of the coronavirus outbreak, according to three sources familiar with the matter.
Turkish Airlines has extended the cancellation of international flights to May 20 from May 1 over the coronavirus outbreak, the airline said on Tuesday, adding that domestic flights would remain suspended until April 20.
The shares of Norwegian Air plunged by more than 60% on Tuesday as they resumed trade after the airline proposed a financial rescue package on April 8 that would significantly dilute existing equity.
Air Arabia and Etihad have no plans to delay the launch of a low-cost Abu Dhabi-based airline in a joint venture but the timing will depend on market conditions, an Air Arabia spokesman said on Tuesday.
The share price of Norwegian Air fell by 60% on Tuesday, the first day of trading following the company's proposal of a financial rescue package on April 8.
Taiwan's largest carrier, China Airlines, has become the latest focus of political angst on the island about identity and its relationship with China amid the coronavirus pandemic.
Indian Prime Minister Narendra Modi on Tuesday extended a nationwide lockdown until May 3 as the number of coronavirus cases crossed 10,000 despite a three-week shutdown. Modi spoke as the number of people infected with coronavirus reached 10,363.
Indonesia is expected to post a narrower trade surplus in March, with exports and imports seen contracting as the coronavirus pandemic choked global trade, a Reuters poll showed on Tuesday.
Cash-strapped Virgin Australia Holdings Ltd entered a trading halt on Tuesday, citing ongoing discussions involving financial assistance and restructuring alternatives to help it weather the coronavirus crisis.
Cash-strapped Virgin Australia Holdings Ltd entered a trading halt on Tuesday, citing ongoing discussions involving financial assistance and restructuring alternatives to help it weather the coronavirus crisis.
Some large U.S. passenger airlines are close to accepting the terms of a $25 billion offer for government coronavirus payroll aid, with announcements possible as early as Tuesday, people briefed on the matter said.
True Religion Apparel Inc on Monday filed for Chapter 11 bankruptcy protection for a second time in less than three years, becoming another corporate casualty of the coronavirus outbreak that has ravaged the retail sector.
At a Wayne Farms chicken processing plant in Alabama, workers recently had to pay the company 10 cents a day to buy masks to protect themselves from the new coronavirus, according to a meat inspector.
In trading on Monday, shares of SSR Mining Inc (Symbol: SSRM) crossed above their 200 day moving average of $15.67, changing hands as high as $15.91 per share. SSR Mining Inc shares are currently trading up about 7.1% on the day. The chart below shows the one year performanc
In trading on Monday, shares of Sandstorm Gold Ltd (Symbol: SAND) crossed above their 200 day moving average of $6.29, changing hands as high as $6.60 per share. Sandstorm Gold Ltd shares are currently trading up about 12.4% on the day. The chart below shows the one year per