Southwest slumps on cost pressures, delays in getting new jets
Southwest Airlines Co. said it’s facing high costs and delays in aircraft deliveries from Boeing Co., tarnishing a quarter in which the carrier topped Wall…
China rail link likely to boost North Korea economy despite Covid outbreak
North Korea’s economy will probably eke out growth this year after shrinking for two straight years as the impact of a restored rail link with…
Etihad posts record profit amid revival in long-haul travel
Etihad Airways posted a record first-half profit as long-haul travel revived with the easing of coronavirus curbs and the Gulf carrier added flights to European…
Singapore Airlines swings to profit as demand roars back
Singapore Airlines Ltd. swung to a profit in the three months through June, as the end of travel restrictions across most of the world sparked…
US watchdog faults FAA errors in Southwest Air safety checks
US government investigators say they’ve confirmed allegations federal aviation regulators allowed Southwest Airlines Co. to commit violations of safety rules involving repairs on planes it…
IndiCap announces next major metro Phoenix development: Virgin Industrial Park
Metro Phoenix West Valley project will total more than 1.5 million square feet of Class A space in two phases, bringing IndiCap’s local industrial development…
India to restart Ukraine sunflower oil imports as trade eases
India, the world’s biggest edible oil importer, will likely receive its first shipments of sunflower oil from Ukraine starting in September after a five-month gap,…
It’s too late for China to rally if Biden-Xi call ends tariffs
Tariffs on Chinese goods by the US hit markets with shock waves in 2018, but as they look to be rolled back, the move may…
JetBlue agrees to acquire Spirit for $3.8 billion in cash
JetBlue Airways Corp. is acquiring deep-discounter Spirit Airlines Inc. for at least $3.8 billion in cash in a deal announced less than a day after…
AMLO risks long US-Mexico trade spat by insisting on energy policy
US and Canadian companies have been clamoring for action against Mexico’s nationalist energy policies, but the trade complaint their countries filed this week could lead…
Get the most up-to-date trending news!
SubscribeIndustry updates and weekly newsletter direct to your inbox!
Follow us on social media:
