01 Apr, 2020
General Electric Company (NYSE: GE) announced that Jeff Immelt would retire as chairman and leaving the board around three months earlier than previous planned as the transition is going smoothly and his successor needed control to make difficu..
Monarch Airlines cancelled hundreds of thousands of holiday flights due to the intense competition for flights and a weaker pound. 900,000 passengers were affected included more than 100,000 that were already abroad. 750,000 future bookings were can..
The United States and the United Kingdom have locked horns over two companies: Boeing Co (NYSE: BA), the US aerospace giant and Bombardier, the former's Canadian rival and a large company by itself. The latter was bailed out of financial difficu..
Southwest Airlines Co. (NYSE: LUV) reported that their third quarter sales will take a $100 million hit due to this year’s natural hurricanes and earthquakes resulting in 5,000 cancellation flights through Wednesday.Recently U.S. airlines hav..
Private trades in Spotify are now worth about $16 billion in value which is about $3 billion higher than similar trades up until June. There has been an increasing demand for the company’s shares and increasing subscription numbers as well and..
On Wednesday, Ryanair Airlines plc (NASDAQ: RYAAY) cancelled hundreds of thousands of flights and announced that they were cutting back growth plans for the first time in years in hopes to minimize the impact of a shortage of pilot staff. The compan..
U.S. orders reported their biggest drop in almost 3 years in July, at 3.3% due to a low demand for transportation equipment. Civilian aircraft orders also dropped 70.8% that month after a 129.3% gain a month before that. However, manufacturing is st..
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