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...committee, told the Financial Times....
...The conditions remain in favour of financial performance for other divisions of defence and space, and global services....
...There are 215 Max 9 aircraft in service globally, according to data from aviation consultancy Cirium....
...“We are taking action on a comprehensive plan to bring these aeroplanes safely back to service and to improve our quality and delivery performance.”...
...Shares in Boeing and supplier Spirit AeroSystems both tumbled on Monday as investors weighed up the financial fallout from last week’s mid-flight accident on an Alaska Airlines aircraft....
...Those are the very areas now being scrutinised following Calhoun’s admission that a “mistake” led to a piece of fuselage falling off an Alaska Airlines 737 Max 9 flight last week, leaving a hole and terrifying...
...Five US carriers have raised bag fees by $5 in the past two months, starting with Alaska Airlines and JetBlue Airways in January and February, then American Airlines, United Airlines and Delta in a two-week...
...The 171 Max 9 jets grounded after the Alaska incident are expected to return to service soon....
...Before the Alaska Airlines incident Boeing, which reports its results for the full year on Wednesday, had been expected to lay out new financial and delivery targets for this year....
...It was good, though more a matter of necessity than choice, that the company withdrew financial guidance for 2024, given that the investigation of the Alaska Airlines “door escape” is ongoing....
...“China has been a place where you could deploy capital, but getting it out is harder,” said Allen Waldrop, director of private equity investments at the $81bn Alaska Permanent Fund Corporation, which has...
...This may be fine in the restaurant business, women’s handbags, fine wines, financial services or home furnishings, but in mass air transportation the only thing that occurs in competition is duplication,...
...Expert writers in four global financial centres provide informed, timely opinions on capital trends and big businesses. Click to explore...
...Boeing created a product and services safety group, also reporting to the chief engineer....
...Bold currency bet When Alaska Air proposed a merger with the parent of Hawaiian Airlines in December there was one factor that may have been overlooked: the asymmetric yen trade....
...The share is less than any other industry aside from food service and technical services....
...But Nvidia founder and chief executive Jensen Huang said companies in other industries such as automotive, financial services and healthcare were now increasing their spending on its chips as well as sovereign...
...Financial markets closed Saturday Australia: Australian Open women’s singles final....
...She has a strong record of delivering profits at Boeing’s services business while both the commercial and defence divisions floundered....
...Most of Pope’s career, however, has been as a financial officer....
...US defence officials said at least 34 service members were also injured in the attack at the Tower 22 military base in the north-east of Jordan near the Syrian border, where 350 US Army and Air Force personnel...
...Singer’s hedge fund came before the US supreme court “at least 10 times” in the years following the trip to Alaska, according to ProPublica....
...Workers at a branch in Bethel, Alaska will vote today on whether to unionise. More banking news: Barclays has reached a deal to stay in its Canary Wharf headquarters until at least 2039....
...Dan Sullivan, an Alaska lawmaker and Senate armed services committee member, said the 11th Air Force, which is based in his state, had sought permission to shoot it down after F-22 and F-35 fighter jets...
...All of the ANWR leases are held by the Alaska Industrial Development and Export Authority after a scant display of corporate interest during the lease sale (there were three bidders)....
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