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News in-depthCommercial Aircraft Corp of China Ltd
China’s rival to Boeing and Airbus looks to Asia first
...Since the C919’s inaugural commercial flight in May last year, only five aircraft have come into service domestically, all of them delivered to majority state-owned China Eastern Airlines....
April 2, 2024
Boeing Co
Boeing chief must have engineering background, Emirates boss says
...The International Association of Machinists District 751, which represents 32,000 workers at factories in the US state of Washington, said a union representative would bring “a unique ability to understand...
March 26, 2024
FT Live
Building a Personal Wealth Plan
Capitalising on market shifts and innovations in fintech
Thursday, 18 AprilDigital Conference
US & Canadian companies
Delta offers rare shelter from Boeing’s plane production crisis Premium content
...This is set to be a record-breaking year for air travel. Some 4.7bn people are expected to take to the skies in 2024, according to the International Air Transport Association....
April 10, 2024
LexInternational Airlines Group
How a British Airways comeback may offer hope for legacy airlines Premium content
...It has been a while since British Airways boasted it was the “world’s favourite airline”....
February 29, 2024
Airlines
European airlines cut back Asia routes as Gulf carriers offer cheaper flights
...Some European airlines are opening a small number of new routes to Asia, including British Airways, which will restart flights to Bangkok and Kuala Lumpur this winter....
April 2, 2024
Chinese business & finance
China’s big airlines set for fourth straight lossmaking year
...“The overall international routes recovered slower than expected,” the airline said....
January 31, 2024
FT Live
FTWeekend Festival: U.S. edition
Where the Financial Times weekend paper comes to life
Saturday, 4 MayThe REACH, at the Kennedy Center for the Performing Arts, F Street Northwest, Washington, DC, USA
News updates from January 31: Federal Reserve holds interest rates, EU commits €21bn in Ukraine military aid
China’s major airlines forecast fourth consecutive year of losses
...China’s three major airlines are forecasting a fourth consecutive year of losses as a recovery in international flights remains slower than expected....
January 31, 2024
Virgin Atlantic Airways Ltd
Virgin Atlantic to return to profit this year amid Caribbean holiday boom
...International Airlines Group, the owner of Virgin’s rival British Airways, reported record annual earnings last year, as operating profits more than doubled to €3.3bn....
April 3, 2024
News updates from March 25: Boeing CEO to step down; UN Security Council calls for Gaza ceasefire
S&P 500’s energy sector jumps as oil rises and Morgan Stanley turns bullish
...The bank’s upgrade follows its forecast last week that Brent crude prices will hit $90 a barrel by the third-quarter....
March 25, 2024
International Airlines Group
British Airways owner IAG posts record profits on travel boom
...British Airways owner International Airlines Group has reported record annual profits as it cashed in on “sustained” demand for leisure travel at high prices, including from holidaymakers filling business...
February 29, 2024
News updates from January 12: China pledges to ‘smash’ Taiwan independence, US wholesale inflation declines
Kazakhstan’s national airline to float in London
...Kazakhstan’s national airline has announced plans to float in London, in a boost to a stock market which has struggled to attract new listings....
January 12, 2024
The Big Read
Can Europe’s trains compete with low-cost airlines?
...Whatever Brussels proposes in terms of international connections often butts up against national concerns, according to Bas Eickhout, a Dutch Green MEP....
March 7, 2024
LexSouthwest Airlines Co
US discount airlines: capacity growth riles shareholders this holiday season Premium content
...Alaska Airlines has just announced a deal to acquire the smaller Hawaiian Airlines. Meanwhile, legacy airlines such as Delta have benefited from a boom in international travel....
December 19, 2023
International Airlines Group
IAG takeover of Air Europa faces fresh challenges in Brussels
...Brussels is preparing to lay out objections to International Airlines Group’s second attempt to buy Spanish carrier Air Europa in a move that signals significant competition obstacles to the deal....
February 22, 2024
LexMergers & Acquisitions
Hedge funds crash and burn in JetBlue/Spirit fiasco Premium content
...The airline had initially signed up to a stock merger with Frontier Group, a similar deep discounter like Spirit....
January 17, 2024
FT Live
Outstanding Directors Exchange
Fostering trust for steadfast leadership
Wednesday, 12 JuneHarvard Club of New York City, West 44th Street, New York, NY, USA
Turkish Airlines Inc
Turkish Airlines orders 200 Airbus aircraft worth tens of billions of dollars
...Turkish Airlines has ordered more than 200 Airbus aircraft as part of a “milestone” agreement worth tens of billions of dollars to boost Istanbul’s role as an international hub and bolster Turkey’s already...
December 15, 2023
Cathay Pacific Airways Ltd
Cathay reports highest annual profit since 2010 on strong flights demand
...The airline posted net profit of HK$9.8bn (US$1.3bn) for the year on Wednesday, breaking a three-year streak of losses including a HK$6.6bn loss in 2022....
March 13, 2024
FT SeriesThe world’s best house museums
House museums #57: Pearl S Buck
...Her advocacy continues today in the form of Pearl S Buck International, which supports humanitarian aid projects around the world and operates the museum....
March 2, 2024
LexBoeing Co
Boeing chief’s exit is not enough to lift aerospace group’s shares Premium content
...Regulators, airlines, travellers and even Boeing’s workers are in revolt after another terrifying incident in January, in which a door plug on a 737 jet blew off mid-flight....
March 25, 2024
Skin in the GameStuart Kirk
S&P exceptionalism versus ‘expensiveism’
...And I know of airline bosses who constantly fear “that call”. But otherwise, give me a V-sweet C-suite job any time. As if anyone would....
February 9, 2024
LexAirlines
European airlines: awaiting the ski-boot to drop on revenues Premium content
...Historically, it has grown by some 3 per cent a year. This supply squeeze has allowed airlines to pass higher costs through to consumers....
October 27, 2023
Corporate bonds
Corporate defaults at highest rate since financial crisis, says S&P
...worth less than the face value of their debt, in a scenario that can help borrowers and private equity sponsors avoid expensive bankruptcy proceedings....
March 14, 2024
Disrupted Times
Brussels probes flight prices after airlines’ record-breaking summer
...One downside for airlines flying through UK airspace is a large rise in air traffic control fees, which the head of sector body Airlines UK said would inevitably feed through to ticket prices....
November 6, 2023
Boeing Co
US regulator to investigate engine mishap on Boeing 737 aircraft
...The US Federal Aviation Administration said it would investigate a fresh mishap involving a Boeing aircraft, after a piece of engine housing fell off a Southwest Airlines plane on Sunday morning....
April 7, 2024
Scoreboard
F1’s new Red Bull problem Premium content
...But for F1, the Red Bull drama is a major, unwanted distraction. The head of F1’s governing body told the FT last week it was “damaging the sport”....
March 9, 2024

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