Bankrupt Norwegian Air near deal to end Airbus jet deliveries
Norwegian Air Shuttle ASA is near agreement to end jet deliveries from Airbus SE as part of its restructuring, wiping dozens of orders off the…
LinkedIn, Zynga founders’ SPAC to take air-taxi firm Joby public
A blank-check company formed by LinkedIn Corp. founder Reid Hoffman and Zynga Inc. founder Mark Pincus agreed to merge with Joby Aviation as a means…
Russian civil jet delayed to 2022 after US sanctions
Russia plans to begin manufacturing the first domestic medium-range passenger jet since the Soviet era next year, after U.S. sanctions delayed the project by as…
EasyJet’s cost of cash sinks after Johnson’s summer travel plan
The plunge in EasyJet Plc’s borrowing costs this week shows what a difference three days makes.
Keystone XL’s death sparks rush to ship oil-sands crude by rail
U.S. President Joe Biden’s decision to cancel the Keystone XL pipeline is sparking renewed interest in shipping Canadian oil-sands crude by rail, and that comes…
United Air’s grounded 777s had troubled history in debt markets
Before coming under scrutiny because of a mid-air engine explosion, United Airlines Holdings Inc.’s aging fleet of Boeing Co. 777s had already garnered plenty of…
Saudi imports from Turkey hit all-time low as spat grips goods
Saudi Arabia’s imports from Turkey all but dried up in December, data from the Saudi statistics authority showed, reinforcing Turkish businespeople’s claims that they’ve been…
Biden to order supply chain review as chip shortage idles plants
President Joe Biden on Wednesday will order a government review of U.S. supply chains, seeking to end the country’s reliance on China and other adversaries…
US freeze chills Asian plastic makers as feedstocks soar
The fallout from the Arctic blast that took out some of the biggest American refineries is being felt across the Pacific Ocean in Asia, where…
Heathrow touts U.K. to lead long-haul flight revival
Britain can become the first country to resume mass international travel, building on its early roll-out of coronavirus vaccinations, according to the head of London…
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