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...Boeing is under pressure to shift more of its production in-house after the fuselage section of one of its aircraft blew out in mid-air....
...Delta Air Lines last week raised the price of checking in a first bag from $30 to $35....
...It’s also a notable week for democracy, with several countries holding elections, the biggest being India. The country begins its 44-day parliamentary election process on Friday....
...Most notably, the UK’s air traffic control system failed over the August bank holiday weekend last summer, affecting more than 700,000 passengers during one of the busiest travel periods of the year....
...Replacing him is Gil West, a former chief operating officer of Delta Air Lines and General Motors’ Cruise self-driving car unit....
...The mid-air breach of the fuselage of an Alaska Airlines Boeing aircraft has put the spotlight on Spirit AeroSystems, one of the plane maker’s biggest suppliers....
...Since taking the reins, Okuda has struggled to turn around the bank and was forced to cut profits targets last May....
...Smart reads Air miles There’s already a stark gulf between reported executive compensation and the pay-off executives receive....
...Handler said late on Wednesday that he had sold 1.5mn shares, about 7 per cent of his total holdings in Jefferies, at $43.50 each....
...However, air fryer sales were still double the level seen in the first half of financial year 2022....
...They did not rebound from that 10-year low until, in December, Alaska Air proposed a merger....
Loss of air pressure → Lots of cash pressure
...Nonetheless, James Shin, a biopharma analyst at Deutsche Bank, said the sharp increase in biosimilar prescriptions in recent weeks would be “alarming” to AbbVie....
...Deutsche Bank has hired Alexandre Lotfi as head of wealth management lending for the UK and central Europe at its private bank. He previously worked for the Bank of Singapore....
Investigators locate door plug that blew out of 737 Max aircraft
...That dwarfs its second-largest publicly traded investment: Bank of America....
US transportation secretary Pete Buttigieg says he has spoken with chief executive following 737 Max door panel mishap
...The news, which was first reported by The Wall Street Journal, came as both companies are undergoing an audit by the US Federal Aviation Administration, following a mid-air blowout of a door panel on a 737...
...But its future is now up in the air because of the travails of Boeing, which is grappling with a crisis over its 737 Max jet following January’s mid-air panel blowout and two fatal crashes in recent years...
...If velocity fell, people would end up holding more money. Eventually, they would tire of holding cumbersome, zero-interest cash, and put it to use. Velocity would rise again....
...Tesla had tried hard to win residents round to its expansion plan, holding weekly town hall meetings where locals could air their misgivings and ask questions about the project....
...The company has even struggled with its prestige project, the jet that carries the US president, Air Force One....
...Gil West, a former chief operating officer of Delta Air Lines and General Motors’ Cruise self-driving car unit, will be replacing him. Instead of enjoying a boom, Hertz is in trouble again....
...It has proposed Richard Anderson, the former chief executive of Amtrak and Delta Air Lines, and Mary Kathryn “Heidi” Heitkamp, a former US senator....
...A version of this article was first published by Nikkei Asia on February 27. ©2024 Nikkei Inc. All rights reserved....
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