Airbus and Qatar Airways settle bitter A350 jet row

PARIS, Feb 1 (Reuters) – Airbus (AIR.PA) and Qatar Airways have settled a dispute over grounded A350 jets, the businesses stated on Wednesday, averting a probably damaging UK courtroom trial after a blistering 18-month feud that tore the lid off the worldwide jet market. The “amicable and mutually agreeable settlement” ends a $2 billion row … Read more

France hit by new wave of strikes in opposition to Macron’s pension reform

Reform would increase retirement age to 64 Faculties, transport networks, refinery deliveries hit Macron: Reform important to make sure viability of pension system SAINT-NAZAIRE, France, Jan 31 (Reuters) – Placing staff disrupted French refinery deliveries, public transport and colleges on Tuesday in a second day of nationwide protests over President Emmanuel Macron’s plan to make … Read more

Boeing’s 747, the unique jumbo jet, prepares for last send-off

Ultimate 747 freighter to be delivered to Atlas Air Ends greater than 5 a long time of business output Almost bankrupted Boeing, earlier than turning into a money cow Simple to fly, says rock star-pilot Bruce Dickinson SEATTLE/PARIS, Jan 29 (Reuters) – Boeing’s (BA.N) 747, the unique and arguably most aesthetic “Jumbo Jet”, revolutionized air … Read more

New Zealand roiled by flash floods, landslides for third day

Jan 29 (Reuters) – New Zealand’s dying toll from heavy rain rose to 4 on Sunday as flash floods and landslides on the north island continued for a 3rd day. Battered since Friday, Auckland, New Zealand’s largest metropolis, remained beneath a state of emergency. The nation’s climate forecaster, MetService, warned of extra extreme climate on … Read more

UK regional airline Flybe ceases buying and selling, cancels all flights

Collapses for second time in three years 276 staff made redundant by directors About 75,000 clients had future bookings Damage by delayed supply of plane Rivals seeing rebounding demand LONDON, Jan 28 (Reuters) – British regional airline Flybe on Saturday ceased buying and selling for the second time in three years, with all flights cancelled … Read more

A minimum of 44 killed in Nepal’s worst air crash in practically 5 years

KATHMANDU, Jan 15 (Reuters) – A minimum of 44 individuals have been killed on Sunday when a home flight crashed in Pokhara in Nepal, an aviation authority official stated, within the small Himalayan nation’s worst crash in practically 5 years. Lots of of rescue staff have been scouring the hillside the place the Yeti Airways … Read more

S&P 500 ends at highest in month, indexes acquire for week as earnings kick off

JPMorgan, Wells Fargo shares leap U.S. customers’ inflation expectations ease – survey Tesla falls after value cuts on electrical autos Indexes: Dow up 0.3%, S&P 500 up 0.4%, Nasdaq up 0.7% NEW YORK, Jan 13 (Reuters) – The S&P 500 and Nasdaq completed at their highest ranges in a month on Friday, with shares of … Read more

Wall Avenue ends sharply larger on optimism earlier than key inflation report

CPI report due Thursday earlier than the bell Mattress, Tub & Past extends current positive aspects Indexes: Dow up 0.8%, S&P 500 up 1.3%, Nasdaq up 1.8% NEW YORK, Jan 11 (Reuters) – U.S. shares ended up sharply on Wednesday, with the S&P 500 and Nasdaq gaining greater than 1% every as buyers have been … Read more

Explainer: Why U.S. flights have been grounded by a FAA system outage

Jan 11 (Reuters) – The Federal Aviation Administration (FAA) allowed some flights to renew after an outage of the system that alerts pilots to any obstructions earlier than take-off had earlier compelled the civil aviation regulator to floor all plane in the US. Over 4,000 flights have been delayed and greater than 600 canceled due … Read more

U.S. airports rumble again to life after FAA laptop outage

WASHINGTON, Jan 11 (Reuters) – U.S. flights had been slowly starting to renew departures and a floor cease was lifted after the Federal Aviation Administration (FAA) scrambled to repair a system outage in a single day that had pressured a halt to all U.S. departing flights. The reason for the issue, which delayed 1000’s of … Read more