FTR Reports May Final Trailer Orders at 4,300 Units
New orders are still tepid, and cancellations were elevated for the third consecutive month. Trailer orders for the past twelve months now total 155,000 units.
Lufthansa Says A380s Won’t Return for at Least Two Years
Deutsche Lufthansa AG’s fleet of Airbus SE A380 jets will be mothballed for at least two years and may never return to service as demand…
Southern Spain’s Big Airbus Bet Goes Wrong as Suppliers Struggle
Over the course of almost a decade, Airbus SE supplier UMI Aeronautica SL pivoted from military to commercial aircraft, making parts including door components for…
Modi Finds Neighbors Silent as India-China Tensions Simmer
If Prime Minister Narendra Modi thought he could count on the public support of neighbors as he faced his most significant foreign policy challenge as…
Oil Set to Resume Weekly Gains With Demand Recovery on Track
Oil was poised to resume a run of weekly gains on signs consumption is picking up as economies emerge from lockdowns, despite many countries still…
Pompeo Says China Recommitted to Trade Deal in Hawaii Summit
U.S. Secretary of State Michael Pompeo said China’s top foreign policy official committed in a meeting this week to honor all of his nation’s commitments…
Trump Says ‘Complete Decoupling’ From China Remains an Option
President Donald Trump said the U.S. could pursue a “complete decoupling from China” in response to unspecified conditions, his most forceful statement yet on the…
U.S. Slaps Sanctions on Mexican Companies Helping Venezuelan Oil
The U.S. Treasury Department levied sanctions on Mexican trading company Libre Abordo SA de CV for buying Venezuelan oil via oil-for-humanitarian-aid agreements with the embattled…
Johnson and Macron Met in London to Dissect Brexit and China
U.K.’s Boris Johnson and France’s Emmanuel Macron held talks in London on Thursday, the prime minister’s first bilateral with a European leader since calling for…
Global OFS demand is set for a 25% decline in 2020. Here is how the recovery will unfold
Global demand for oilfield services (OFS), measured in the total value of exploration and production (E&P) company purchases, is set for a massive 25% yearly…
Get the most up-to-date trending news!
SubscribeIndustry updates and weekly newsletter direct to your inbox!
Follow us on social media:
