Page 86 - Comair News Today

Germany's MTU Aero Engines on Friday became the latest supplier to express caution over plans by Airbus for sharp increases in jet production.

France and the United States agreed on Friday to explore making arms export rules more effective, addressing a long-running source of friction as their leaders met for the first time since a spat over a U.S. security pact with Britain and Australia.

More than 25 irate passengers at the King Phalo Airport were left stranded when their flight did not take off on Wednesday morning.

The largest U.S. manufacturers including General Motors, General Electric, 3M and Boeing face logistics headaches and higher costs due to global supply bottlenecks that are likely to persist into next year but agreed the hit to profits can be mitigated by charging higher prices for their goods.

Raytheon Technologies Corp raised its forecast for full-year adjusted profit on Tuesday, as rising commercial air travel boosted demand for the aerospace and defense firm's engines, spare parts and aftermarket services.

Raytheon Technologies' top boss warned on Tuesday the U.S. aerospace and defense firm will lose 'several thousand' employees who refused to take COVID-19 vaccines, as it prepares to meet the Biden administration's Dec. 8 deadline for immunization.

Airbus was forced for the second time in as many days to defend sharp increases in production, after one its engine makers said its industrial plans did not match Airbus proposals for a near-twofold increase in the output of A320 jets by 2025.

Airbus has rebuffed calls by aircraft leasing companies to temper plans to almost double production of its best-selling A320 jet family, telling them its ambitions are justified by expectations for post-pandemic demand, industry sources said.

Billionaire Jeff Bezos-owned Blue Origin on Monday unveiled plans to develop a commercial space station called "Orbital Reef" with Boeing , aiming to launch the spacecraft in the second half of this decade.

Why is the bank making significant investments in lounges and flight discounts?