Medical personnel transport the first patient affected by COVID-19 to an ICU tent a Samaritan’s Purse Emergency Field Hospital on March 20, 2020 in Cremona, near Milan, Italy. Emanuele Cremaschi | Getty Images This is a live blog. Please check back for updates. All times below are in Beijing time. 8:40 am: Luxury group Kering […]
Tag: Airbus Group SE
Airbus, Nasdaq to create derivative trading for airline tickets
Just like airline corporations use oil futures to hedge towards the volatility in gas prices, they are going to quickly have the ability to do the identical with the swings in ticket fares, which fluctuate drastically throughout holidays, occasions and totally different climate. The London-based platform Skytra will allow airways to handle its […]
Boeing expected to take another big, ugly charge on 737 Max crisis
A 12 months in the past, Boeing posted file revenues topping $100 billion with hopes of delivering a chart-topping variety of airplanes in 2019, together with a whole bunch of 737 Max jetliners. The information is not going to be so rosy on its fourth-quarter earnings name this 12 months. Those bestselling planes had been […]
Boeing’s new CEO Calhoun has little margin for error in 737 Max scandal
Dave Calhoun, Chairman of Boeing Adam Jeffery | CNBC Boeing’s new CEO, Dave Calhoun, has a daunting to-do list when he takes the reins at the company’s Chicago headquarters on Monday: improving the plane-maker’s strained relationships with regulators and airline customers, winning back public trust and getting the 737 Max — grounded for almost a […]