American Airlines Group Inc is extending for a fourth time cancellations of about 115 daily flights into early November.
According to Reuters, the move is due to the ongoing grounding of the Boeing Co..
On Friday, United Airlines Holdings said the Boeing 737 MAX would stay off its flight schedule until Nov. 3.
That will lead to 2,100 cancellations in September and 2,900 in October as the jets remain..
Norwegian Air's Bjoern Kjos stepped down on Thursday as chief executive of the airline he co-founded and turned into Europe's third-biggest budget carrier by passenger numbers over more than 25 years...
Here's everything investors need to know on Monday, as markets sour after Friday's strong jobs report. Futures were lower as Friday's strong jobs report has investors weighing about a 6% chance for a..
Boeing's crisis with their 737 Max continues. Saudi Arabian airline Flyadeal has cancelled an order for almost $6 billion worth of Boeing 737 Max planes. Flyadeal announced that it will order up to 50..
Boeing outsourced some of its 737 Max testing and development to low-paid temp workers, Bloomberg reported. Longtime engineers said it was a cost-cutting tactic. Engineers said the code was "not done..
NEW YORK (AP) — Stocks that moved substantially or traded heavily on Monday:
Galapagos NV, up $25.01 to $170.76
Drug developer Gilead Sciences is investing $5 billion in the biotechnology.. SeattlePI.com - Published
· *Major US indexes closed mixed on Monday as loses from bank stocks were offset by gains in healthcare. *
· *Citigroup unofficially kicked off earnings season as the first major bank to report.. Business Insider - Published
NEW YORK (AP) — Stocks edged lower in midday trading Monday on Wall Street as a decline in banks offset solid gains in technology companies.
The losses follow record high finishes for every major.. SeattlePI.com - Published
· *The Boeing 737 Max will likely remain grounded until 2020, the Wall Street Journal reported. *
· *The plane has been grounded since March following two fatal crashes found to be linked to.. Business Insider - Published
American Airlines again extended its Boeing 737 MAX cancellations for the fourth time, now through November 5. This will see the airlines continuing with the cancellation of about 115 flights per day,.. RTTNews - Published Also reported by •Zee News •Reuters India
· *India's space agency called off its lunar mission on Monday after it observed a "technical snag" just one hour before its scheduled launch time. *
· *The Indian Space Research Organization.. Business Insider - Published
United Airlines Holdings said on Friday the Boeing 737 MAX would stay off its flight schedule until Nov. 3, a fresh extension leading to about 2,100 cancellations in September and 2,900 in October as.. Reuters India - Published
U.S. Attorney General William Barr has recused himself from the Justice Department's investigation into Boeing Co after two 737 MAX airplane crashes killed 346 people, a spokeswoman for Barr said.. Reuters India - Published
Boeing Co has reassigned the head of its next airplane project to run the troubled 737 programme, according to a memo seen by Reuters on Thursday, as the grounding of its 737 MAX in the wake of two.. Reuters India - Published
A week after Boeing Co offered $100 million (£79.83 million) to help families and communities affected by the deadly crashes of its 737 MAX planes in Ethiopia and Indonesia, affected farmers in.. Reuters India - Published
The boss of Europe's Ryanair Holdings warned on Wednesday the impact of the prolonged grounding of Boeing Co's 737 MAX on the airline's growth plans may start to spill over to next summer if the.. Reuters India - Published
American Airlines Group Inc said on Wednesday its second-quarter profit would be reduced by about $185 million as the No.1 U.S. airline had to cancel thousands of flights due to the grounding of Boeing.. Reuters India - Published
Boeing Co said on Tuesday its deliveries fell about 37% to 239 planes in the first half of 2019, hurt by the grounding of its best-selling 737 MAX jets, putting it on track to lose the world's biggest.. Reuters India - Published
Saudi budget carrier flyadeal has withdrawn a provisional order for Boeing's grounded 737 MAX jets, the US plane maker said on Sunday, as the airline confirmed a new order for Airbus A320 aircraft. In.. IndiaTimes - Published
Saudi Arabia's flyadeal will not proceed with a provisional order for 30 Boeing 737 MAX jets, the U.S. planemaker said on Sunday after the airline announced it would operate an all Airbus A320 fleet. Reuters India - Published
Boeing is the target of a US Department of Justice criminal investigation into the development of the 737 MAX, regulatory probes and more than 100 lawsuits by victims' families DNA - Published Also reported by •Reuters India
Boeing Co said on Wednesday it would give $100 million over multiple years to local governments and non-profit organizations to help families and communities affected by the deadly crashes of its 737.. Reuters India - Published
Boeing Co on Wednesday said it would give $100 million to organizations to help families affected by the deadly crashes of the company's 737 MAX planes in Indonesia and Ethiopia. Reuters India - Published
Global regulators will meet in Montreal next week to review pilot licensing requirements, the U.N.'s aviation agency said, as part of a discussion that has gained urgency following two fatal crashes of.. Reuters India - Published
Southwest Airlines expects it will have to remove the grounded Boeing Co 737 MAX jets from its flying schedule beyond the current Oct. 1 re-entry date following the discovery of a fresh safety issue,.. Reuters India - Published
It remains a mystery at the heart of Boeing Co’s 737 Max crisis: how a company renowned for meticulous design made seemingly basic software mistakes leading to a pair of deadly crashes. Longtime.. IndiaTimes - Published
Days after stealing the Paris Airshow with a deal to sell 200 of the grounded 737 MAX, Boeing's sales chief faces fallout from the discovery of a new flaw that will delay the jet's return to service. Reuters India - Published