aviation

American Airlines forecasts first positive cash flow since pandemic began

American Airlines (AAL.O) said on Tuesday it expects positive cash flow in the second quarter for the first time since…

4 years ago

EXCLUSIVE Universal Hydrogen in zero-carbon plane deals with Icelandair, others

Universal Hydrogen, a U.S. firm that aims to do for clean fuel what Nespresso did for coffee, is poised to…

4 years ago

Boeing cuts 787 production, suffers 737 MAX cancellation

Boeing Co (BA.N) said on Tuesday it will cut 787 production after finding another production-related structural defect, and a major…

4 years ago

Rolls-Royce partners with Shell in sustainable aviation fuel push

British engineering company Rolls-Royce (RR.L) said it would partner with oil company Shell (RDSa.L) to work on the development of…

4 years ago

United Airlines unveils huge jet order in push for growth

United Airlines (UAL.O) unveiled its largest-ever order for Boeing (BA.N) and Airbus (AIR.PA) jets on Tuesday, lining up 270 planes…

4 years ago

Boeing 777X ‘realistically’ will not win certification approval before mid-2023 – U.S. FAA

The U.S. Federal Aviation Administration (FAA) has told Boeing Co (BA.N) that its planned 777X is not yet ready for…

4 years ago

EU drafts plan to toughen carbon market – report

The European Union is planning to toughen its carbon market to cut emissions faster and put a price on pollution…

4 years ago

Cathay Pacific forecasts reduced monthly cash burn in H2

Hong Kong's Cathay Pacific Airways Ltd (0293.HK) expects to reduce its cash burn to less than HK$1 billion ($128.84 million)…

4 years ago

St. Modwen accepts Blackstone’s raised $1.75 bln take-private offer

Housebuilder and logistics firm St. Modwen Properties (SMP.L) said on Thursday it has agreed to a sweetened 1.25 billion pounds…

4 years ago

Airlines urged to tighten Airbus A320 checks after COVID storage

Regulators have called for more rigorous checks when pulling some Airbus (AIR.PA) jets out of pandemic storage, following flawed cockpit…

4 years ago