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May 23, 2022

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Tesla cut from S&P 500 ESG Index, and Elon Musk tweets his fury

Reuters
May 18 (Reuters) – An S&P Dow Jones Indices executive told Reuters on Wednesday it has removed electric carmaker Tesla Inc (TSLA.O) from the widely followed S&P 500 ESG Index (.SPXESUP)because of issues including claims of racial discrimination and crashes linked to its autopilot vehicles, and Tesla CEO Elon Musk......

Flight data from China Eastern jet points to intentional nosedive -WSJ

Reuters
WASHINGTON, May 17 (Reuters) – Flight data from a black box recovered from the China Eastern Airlines (600115.SS) jet that crashed in March indicates someone in the cockpit intentionally crashed the plane, the Wall Street Journal reported on Tuesday, citing people familiar with U.S. officials’ preliminary assessment. A Western official......

Ryanair cautious about ‘fragile’ recovery, berates Boeing

Reuters
Ryanair aircraft are seen at at dawn at Dublin airport Dublin, Ireland March 20, 2018. REUTERS/Clodagh Kilcoyne Register now for FREE unlimited access to Reuters.com Register Ryanair cuts FY loss to 355 million euros Low cost carrier says caution needed heading into winter O’Leary: Boeing management should step up or......

JetBlue launches hostile takeover bid for Spirit Airlines

Reuters
May 16 (Reuters) – JetBlue Airways Corp (JBLU.O) on Monday commenced a hostile all-cash takeover bid for Spirit Airlines Inc (SAVE.N), two weeks after the discount carrier rejected an offer from the larger rival. JetBlue, which in early April offered $33 per share, is locked in a takeover battle for......

Norwegian Air posts Q1 loss, flags fuel cost impact on recovery

Reuters
Norwegian Air Sweden Boeing 737-800 plane SE-RRJ approaches Riga International Airport in Riga, Latvia January 17, 2020. REUTERS/Ints Kalnins Register now for FREE unlimited access to Reuters.com Register OSLO, May 13 (Reuters) – Norwegian Air (NAS.OL) posted a loss for the first quarter on Friday and said the surge in......

Chinese jet aborts takeoff, catches fire, causing minor injuries from evacuation

Reuters
Rescue workers are seen at the site where an Airbus A319 plane of Tibet Airlines caught fire after an aborted takeoff, at Chongqing Jiangbei International Airport in Chongqing, China May 12, 2022. cnsphoto via REUTERS Register now for FREE unlimited access to Reuters.com Register BEIJING, May 12 (Reuters) – China’s......

Algeria authorises purchase of 15 new aircraft for Air Algerie

Reuters
May 8 (Reuters) – The Algerian cabinet has authorised the national airline, Air Algerie, to purchase 15 new aircraft to open new routes to African and Asian destinations, Algerian State TV said on Sunday citing a cabinet statement. Register now for FREE unlimited access to Reuters.com Register Reporting by Moaz......

Nigerian airlines suspend plans to ground local flights over cost of jet fuel

Reuters
An Arik airline flight takes off from the domestic wing of the Nnamdi Azikiwe International Airport, Abuja, Nigeria July 8, 2020. REUTERS/Afolabi Sotunde Register now for FREE unlimited access to Reuters.com Register ABUJA, May 8 (Reuters) – Nigerian airlines have suspended plans to ground all local flights due to the......

U.S. summer travelers can expect long lines, higher prices as COVID restrictions ease

Reuters
May 5 (Reuters) – With more U.S. travelers expected to take to the skies and the roads this summer as COVID restrictions ease, unbridled demand will strain capacity in the leisure and travel industry and push prices even higher. Airlines, hotels, rental car companies and booking sites all reported a......

Rouble leaps to over 2-year high vs dollar, euro as EU ups sanctions

Reuters
Russian 100-rouble banknotes are placed on a cashier’s desk at a supermarket in the Siberian town of Tara in the Omsk region, Russia, December 14, 2021. REUTERS/Alexey Malgavko Register now for FREE unlimited access to Reuters.com Register Russian rouble gains around 6% versus dollar and euro Closes at 66.30 vs......

Qantas to break London flight barrier with Airbus jet order -sources

Reuters
A model of Airbus A350-1000 jetliner is displayed at the China International Aviation and Aerospace Exhibition, or Airshow China, in Zhuhai, Guangdong province, China September 28, 2021. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com Register Non-stop flights from Sydney to London possible by mid-2025 A350-1000 en route......

Southwest Airlines faces staffing challenge as travel rebounds

Reuters
A Southwest Airlines commercial aircraft approaches to land at John Wayne Airport in Santa Ana, California U.S. January 18, 2022. REUTERS/Mike Blake/File Photo Register now for FREE unlimited access to Reuters.com Register April 28 (Reuters) – Southwest Airlines Co (LUV.N) on Thursday forecast a “solid” profit for the current quarter......

Airbus, Qatar Airways back in court as plane row heats up

Reuters
LONDON, April 26 (Reuters) – A British judge will on Tuesday rule whether Airbus must keep building A321neo jetliners for estranged Qatar Airways in a decision with implications for future multi-billion-dollar jet deals, as their public bust-up returns to London’s High Court. Airbus revoked the A321neo deal in January in......

Wall St slides after Powell backs aggressive rate hike views

Reuters
A Wall Street sign is pictured outside the New York Stock Exchange in the Manhattan borough of New York City, New York, U.S., April 16, 2021. REUTERS/Carlo Allegri/File Photo Register now for FREE unlimited access to Reuters.com Register United Airlines, American Airlines jump on earnings outlook Tesla rises after first-quarter......

Big companies manage to pass on soaring costs to cash-strapped consumers

Reuters
ZURICH, April 21 (Reuters) – Makers of chocolate bars and coffee to lawn mowers and industrial robots succeeded in passing on soaring costs to consumers, first-quarter earnings showed on Thursday, allaying fears higher prices could dent demand for their products. Some of Europe’s biggest companies reported first quarter sales increases,......

Factbox: U.S. airlines drop mask requirements for passengers, employees

Reuters
April 18 (Reuters) – The Biden administration will no longer enforce a U.S. mask mandate on public transportation, after a federal judge in Florida ruled that directive was unlawful, overturning a key White House effort to reduce the spread of COVID-19. Airlines welcomed the move on Monday by saying they......

U.S. judge overturns mask mandate for airplanes and trains

Reuters
WASHINGTON, April 18 (Reuters) – A federal judge in Florida said on Monday a U.S. mask mandate on public transportation is unlawful, overturning a Biden administration effort to reduce the spread of COVID-19. Last week, U.S. health officials extended by 15 days the mandate requiring travelers to wear masks on......

U.S. extends transit mask mandate through May 3 amid COVID uptick

Reuters
Air travellers wearing protective face masks, amid the coronavirus disease (COVID-19) pandemic, walk at JetBlue Terminal 5 at JFK International airport in New York, U.S., November 16, 2021. REUTERS/Shannon Stapleton/File Photo Register now for FREE unlimited access to Reuters.com Register April 13 (Reuters) – U.S. health officials on Wednesday extended......

Airbus urges European leaders to refrain from Russian titanium sanctions

Reuters
The logo of Airbus is picuted at the Airbus facility in Montoir-de-Bretagne near Saint-Nazaire, France, March 4, 2022. REUTERS/Stephane Mahe/File Photo Register now for FREE unlimited access to Reuters.com Register April 12 (Reuters) – Airbus (AIR.PA) urged Europe on Tuesday not to block imports of titanium from Russia, saying sanctions......

Boeing says 141 jet orders in limbo amid war in Ukraine

Reuters
A Boeing 737 MAX 7 aircraft lands during an evaluation flight at Boeing Field in Seattle, Washington, U.S. September 30, 2020. REUTERS/Lindsey Wasson/File Photo Register now for FREE unlimited access to Reuters.com Register SEATTLE, April 12 (Reuters) – Boeing Co (BA.N) on Tuesday moved orders for 141 of its airplanes......

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