Page 103 - Tim Hepher News Today

Message : Required fields LONDON (Reuters) - Britains Serious Fraud Office (SFO) has ended a criminal investigation into individuals associated with Airbus, the European planemaker that agreed to a record $4.0 billion global settlement 16 months ago, sources said on Tuesday. Three sources familiar with the investigation said the SFO had written to former suspects to say it would take no further action. Overseas prosecutors could, however, take a different view in cases where suspects face m...

HEALTH-CORONAVIRUS/AIRLINES-ATLANTIC (ANALYSIS, PIX):ANALYSIS-Punch-drunk airlines seek succour from transatlantic opening

PARIS/LONDON — Diplomatic moves to ease transatlantic air travel could unleash fierce competition to entice passengers back into near-empty cabins at a time…

HEALTH-CORONAVIRUS/AIRLINES-ATLANTIC (UPDATE 1, ANALYSIS, PIX):ANALYSIS-Stricken airlines seek lifeline from transatlantic opening

Diplomatic moves to ease transatlantic air travel could unleash fierce competition to entice passengers back into near-empty cabins at a time when tottering airlines can ill afford a price war in the world's richest aviation market.

UK prosecutor ends investigation into Airbus individuals: sources Reuters 8 hrs ago By Kirstin Ridley LONDON (Reuters) - Britains Serious Fraud Office (SFO) has ended a criminal investigation into individuals associated with Airbus, the European planemaker that agreed to a record $4.0 billion global settlement 16 months ago, sources said on Tuesday. Three sources familiar with the investigation said the SFO had written to former suspects to say it would take no further action. Overseas pros...

French aero engine and equipment maker Safran reported on Friday a 38% drop in first-quarter revenues but maintained full-year forecasts as airlines face a bumpy recovery from the coronavirus... | April 30, 2021

UPDATE 1-French group Safran maintains forecasts as quarterly sales fall 38% Reuters 4/30/2021 PARIS, April 30 (Reuters) - French aero engine and equipment maker Safran reported on Friday a 38% drop in first-quarter revenues but maintained full-year forecasts as airlines face a bumpy recovery from the coronavirus pandemic. Chief Executive Olivier Andries said the downturn reflected continued uncertainty over the industrys worst crisis but voiced optimism about a relatively quick pickup in dem...

Global Aviation Safety Campaign Targets ‘Bunch of Garbage’ to Ease Pilot Overload When it came time to land at San Francisco on July 7, 2017, the pilots of an Air Canada jet could not recall a critical piece of information buried on page eight of a 27-page briefing package: the closure of one of the airport’s two runways. Mistaking the runway they were cleared to land on for the one that was closed, the fatigued pilots chose the wrong reference point and lined up to land on a parallel tax...

Airbus on Thursday confirmed plans to raise production of its most-sold jets as airlines begin an uneven recovery from the pandemic, despite setbacks in Europe and a rapidly worsening wave of infections in India. Unveiling a stronger than expected turnaround in first-quarter profit, CEO Guillaume Faury said domestic air travel is rebounding in China and the United States while cross-border travel is likely to remain weak for some time. Conflicting policies on quarantines, lockdowns and testing...