UPS declines as long-term sales target seen as hard to meet
United Parcel Service Inc. expects sales and profit to grow over the next three years as the courier overcomes soft demand for package delivery coming…
Biggest challenge facing new Boeing CEO is winning over airlines
Boeing Co.’s customers finally have what they’ve been after: a leadership shakeup at the planemaker.
JetBlue cuts unprofitable routes in flight network overhaul
JetBlue Airways Corp. will eliminate unprofitable routes in California and Florida and drop service to several cities in South America, a sweeping overhaul of its…
Boeing announces board and management changes
• Dave Calhoun announces intent to step down as CEO at the end of 2024; Calhoun will continue to lead Boeing through year-end • Independent…
Cathay sets new 2030 carbon intensity target in support of its 2050 net-zero goal
Cathay has further demonstrated its unwavering dedication to decarbonising the aviation industry, setting a new target to improve its carbon intensity by 12% from the…
Lufthansa gets EU warning shot over €325 million ITA deal
Deutsche Lufthansa AG’s €325 million ($352 million) investment in Italian carrier ITA Airways faces a potential veto from European Union merger watchdogs unless it fixes…
Ryanair CEO lauds Boeing management overhaul after plane delays
Ryanair Holdings Plc’s outspoken head said the sweeping management changes made at Boeing Co. were “much needed,” in one of the first public comments from…
Britain’s last aircraft maker gets private equity lifeline
Britten-Norman secured new investment from a private equity firm, a month after the last independent British aircraft manufacturer said it would hire administrators during a…
United faces threat of curbs on new routes with FAA clampdown
US aviation authorities are considering drastic measures to curb growth at United Airlines Holdings Inc., including preventing the carrier from adding new routes, following a…
Boeing CEO to step down in overhaul sparked by safety crisis
Boeing Co. announced sweeping changes to its management with its chief executive officer, head of commercial airplanes and chairman all stepping down as the company…
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