Laudamotion rejects Lufthansa allegations of late payments
Austrian leisure airline Laudamotion said on Monday it had always paid its bills for planes leased from Lufthansa in full and on time, rejecting allegations made by the German rival.
Austrian leisure airline Laudamotion said on Monday it had always paid its bills for planes leased from Lufthansa in full and on time, rejecting allegations made by the German rival.
BlackRock Inc , the world’s biggest asset manager, reported a better-than-expected quarterly profit on Monday, helped by growth in its investment advisory business.
The European Union told Airbnb on Monday to bring its terms and conditions into line with the bloc’s consumer rules or face action by national consumer agencies, after a review of the short-term rental platform found some violations.
Bank of America Corp reported a 36.3 percent jump in quarterly profit, helped by loan growth across its businesses, lower expenses and a smaller tax bill.
Airbus and Boeing announced more than $10 billion of combined deals in the opening hours of the Farnborough Airshow on Monday, suggesting demand for new jets remains in rude health despite worries over trade tensions and Brexit.
Britain will invest 2 billion pounds ($2.7 billion) to 2025 to develop a fighter jet called Tempest that could be used with pilots or as a drone, its defence minister said on Monday, unveiling a life-sized model of the new stealthy warplane.
Qatar Airways has finalized an order to buy five 777 freighters from U.S. planemaker Boeing , the two companies said on Monday.
Golden Falcon Aviation has confirmed an order for 25 Airbus A320neo jets for Kuwait’s Wataniya Airways worth around $2.8 billion at list prices, Golden Falcon said on Monday.
Nestle’s membership in the Roundtable on Sustainable Palm Oil (RSPO) has been reinstated three weeks after it was suspended, according to a joint statement issued by the company and the industry watchdog.
Qatar Airways on Monday agreed to buy five full-flight simulators from aviation training firm CAE, executives from both companies said at a signing ceremony at the Farnborough Airshow.
Short-term rental website Airbnb has breached EU consumer rules by depriving consumers of their basic legal rights, the European Commission said on Monday, as it gave the company an August deadline to propose changes or face enforcement action.
Northrop Grumman Corp is upbeat about the prospects for the sale of its high-altitude Triton MQ-4C unmanned surveillance system to Germany, but says the deal could take several years to complete.
Britain wants to build its first spaceport for launching satellites in Scotland, with the government kick-starting the project by handing almost 30 million pounds ($40 million) in grants to companies including Lockheed Martin .
Boeing Co and U.S. aircraft leasing firm Jackson Square Aviation said on Monday they had reached a firm agreement over the purchase of 30 737 MAX 8 aircraft.
Leasing company Goshawk Aviation is near a deal to place an order for around 20 Boeing 737 MAX aircraft, worth $2.3 billion at list prices, industry sources said.
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