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Wirecard shares plunge as Dubai-based partner shuts shop
Shares in Wirecard fell to more than two-year lows on Friday after a Dubai-based business partner closed its doors even as the German payments company played down the impact on operations......»»
Airbus deliveries plunge 80% in April
Airbus deliveries tumbled 80% to just 14 aircraft in April, compared with a year earlier, as operations were hit by the coronavirus crisis, company data showed on Thursday......»»
Chile"s LATAM Airlines to cancel 95% of scheduled flights in May
Chile's LATAM Airlines , South America's largest carrier, will cancel 95% of its scheduled flights in May, the company said on Friday, maintaining similar levels to its current operations due to the coronavirus crisis......»»
Airliner invests $10M+ to bring new hangar to Orlando airport, training center nearby
Frontier Airlines Inc. has big plans for Orlando with two new operations facilities, including a center that will train 1,000 flight attendants next year, it announced on Dec. 19. The Denver-based low-cost air carrier, a heavy user of Orlando Internat.....»»
Airlines To Carefully Meter 737 MAX Back Into Fleets
The Boeing 737 MAX grounding has strained operations and finances this year a.....»»
LATAM Airlines reports Q2 operating income $6.5M vs. $48.2M last year
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
LATAM Airlines posts steep drop in third-quarter profit, reduces fleet commitments
LATAM Airlines, the biggest airline group in Latin America, reported a quarterly net profit of $53 million on Tuesday, down from $160 million a year earlier, as it faced increased competition from low-cost competitors......»»
PG&E"s stock tumbles toward 16-year low, after retirement of officer of electric operations adds to bankruptcy worries
Shares of PG&E Corp. tumbled 12% in morning trade, extended the recent plunge toward 16-year lows, as the sudden retirement of an executive officer of the .....»»
Amerant Bank to sell Houston operations year after renewing commitment to region
A year after Amerant Bank's chairman, president and CEO touted the bank's commitment to the Houston market, the company reached a deal to sell its Texas operations......»»
Lauren Boebert"s fundraising took a huge plunge after she switched districts
It was the Colorado congresswoman's worst fundraising quarter in year. But she did get $400 from George Santos. .....»»
As Wolfspeed builds Chatham factory, its former LED unit keeps innovating
As Wolfspeed works to start operations at its factory in Chatham County this year, the LED business it left behind continues to innovate......»»
United Airlines flight attendants picketed at over a dozen airports worldwide after the CEO received a 90% pay increase
United Airlines CEO Scott Kirby made $18.5 million last year — about 264 times more than the average flight attendant. Flight attendants picketed Houston's George Bush Inter.....»»
United Airlines’ series of mishaps causes turbulence on Wall Street
United Airlines is becoming more sensitive to the optics of its operations following a string of mishaps often caught on video......»»
United Airlines to give vaccinated MileagePlus members a chance to win a year"s worth of free flights
Unite.....»»
Aviation groups urge Congress to finance sustainable jet fuel
They're asking for the federal government to give tax credits to biofuel blenders and to create a $400 million a year grant program to help build facilities or scale up operations as part of the Biden Administration's $2.3 trillion infrastructure package......»»
U.S. airlines" March passengers rose 10% from same month last year, BTS reports
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Delta Air Lines, LATAM Airlines receive approval of joint venture from Colombia
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Communications startup aims to expand operations at Fife warehouse
The 5-year-old company is headquartered in Alaska, but says its Fife location is a good site for testing its software and hardware......»»
America"s newest airline, known for its $19 flights, is spending $1.2 million to bring its cheap trips to the East Coast
Avelo Airlines just made its Hollywood debut in April and already has plans to expand its low-cost leisure flights to the East Coast by year's end. Flying on the first flight of Avelo Airlines. Thomas Pallini/Insider Avelo Airlines is comi.....»»
Alaska Airlines switches to boxed water on flights to curb plastic waste
The airline decided to square up against plastic after first offering boxed water to passengers flying on its regional carrier, Horizon Air, under a pilot program earlier this year......»»