Japan Airlines Co Ltd (JAL) may expand a joint venture with Malaysia Airlines to cover U.S. flights and other Asian routes in the future, the Japanese carrier’s president said.
Europe’s Airbus is close to a deal to sell A330neo wide-body passenger jets to Virgin Atlantic, people familiar with the matter said on Sunday.
A year after Qatar Airways boss’ remark that a woman could not do his job drew scathing criticism, airline executives called out the industry for paying only “lip service” to diversity and not pushing to get more women out of cabins and into boardrooms.
U.S. antitrust regulators have divided oversight of Amazon.com Inc and Alphabet Inc’s Google, putting Amazon under the watch of the Federal Trade Commission and Google under the Justice Department, the Washington Post said on Saturday.
Global airlines urged regulators on Sunday to coordinate on software changes to the Boeing 737 MAX, thus avoiding damaging splits over safety seen when the aircraft was grounded in March.
The European Union will work with other regulators on the approval of new software for the Boeing 737 MAX but reserves the right to take its own decision on when to return the grounded jet to service, the bloc’s transport chief said on Sunday.
Emirates airline President Tim Clark said on Sunday that global regulators should act in a coordinated way to return the Boeing 737 MAX to service and warned it could take six months to get the grounded jet back into operation.
Global airlines slashed a key industry profit forecast by 21% on Sunday amid concerns over an expanding trade war and higher oil prices.
Airbus has written to airline leaders to appeal for their backing in a trade dispute with rival Boeing, warning of higher aircraft prices and passenger fares if the United States and European Union descend into a tariff war.
Add this to worries about Wall Street: The index of planes, trains and trucking companies, considered an important stock barometer of the U.S. economy’s health, is struggling.
A General Electric (GE) factory in eastern France where the U.S. group is planning job cuts will not close down, and the firm is looking into alternatives there including building aeronautical parts, GE’s French boss said in a media interview.
Mexico’s president on Saturday hinted his country could tighten migration controls to defuse U.S. President Donald Trump’s threat to impose tariffs on Mexican goods, and said he expected “good results” from talks planned in Washington next week.
An anonymous bidder has agreed to pay a record $4,567,888 at an annual charity auction to have a private lunch with Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc.
Volkswagen (OTC: VWAGY) and Toyota (NYSE: TM) have been in a race for the title of world’s largest automaker since 2015. But based on last year’s sales figures, Germany’s automotive giant is pulling ahead of its Japanese rival.
But how? Toyota is the most valuable brand in the auto industry (the Corolla is the best-selling car of all time).
The answer is China, the world’s largest auto market. Volkswagen has taken advantage of this burgeoning market, while Toyota has largely ignored it.
Chinese consumers make up 30% of new car buyers worldwide. Although sales dipped last year, China’s appetite for new cars continues …read more […]
Mexico’s president said on Saturday he expected “good results” from talks planned in Washington about U.S. President Donald Trump’s threat to impose tariffs on Mexican goods, and floated the possibility Mexico could tighten controls on migration.
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