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...The firm says it owns, finances or leases more than 200 aircraft, and counts Delta, Avianca and Qatar Airways as lessees....
...Earnings before interest taxes depreciation and amortisation rose 11.7 per cent to $5.5bn....
...New orders for services companies rose at the fastest pace since May 2023, but manufacturers indicated that their continuous two-year decline in demand only worsened in April....
...“Each aircraft will be returned to service only after completion of full maintenance and safety inspections,” said Ben Minicucci, the airline’s chief executive, in a statement....
...There are 215 Max 9 aircraft in service globally, according to data from aviation consultancy Cirium....
...Revenue at Google’s core search-linked advertising business also rose 13 per cent....
...Microsoft’s revenue in the quarter climbed 17 per cent to $61.9bn, driven by cloud computing sales and rampant demand for AI-related services on its Azure platform....
...Revenues from operations rose 3 per cent in the quarter to $21bn, again better than analysts had expected....
...fuselage breach of an Alaska Airlines aircraft earlier this month....
...Netflix said memberships to its advertising-supported tier rose 65 per cent from the previous quarter....
...US transportation secretary Pete Buttigieg has said no grounded Boeing Max aircraft would return to service until they are safe as the plane maker’s chief executive disclosed that the blowout on a flight...
...The 171 Max 9 jets grounded after the Alaska incident are expected to return to service soon....
...The shares rose 5.6 per cent on Friday, but are still 28 per cent below their level before the news came out....
...$65.6bn into active ETFs in the three months to the end of March — more than 50 per cent higher than the previous record of $41bn in the fourth quarter of 2023 — as assets under management in the vehicles rose...
...Core services inflation rose an annualised 6 per cent, and unlike in the past two reports, there were no big anomalies to blame....
...At Tesla, it rose 34 per cent. These increases exceed revenue gains (or, in Tesla’s case, losses). For now, expansive talk of gigantic future AI-led revenue streams is just that....
...Greater user choice may sound fine in theory, they argue, but it will challenge fundamental aspects of how services work....
...Fink also said BlackRock was seeing “accelerating momentum” because it was winning new business from “marquee” clients for its technology, retirement and portfolio management services....
...Santander shares rose 32 per cent last year, though are down more than 40 per cent since Botín replaced her father Emilio as executive chair a decade ago....
...The airline said its technical operations team would fix the problem “to safely return the aircraft to service”....
...The proxy also reported that Fink’s pay rose 9 per cent to $27.6mn last year....
...While revenue rose 6.6 per cent in 2023, net income rose 20 per cent....
...By this measure, model portfolio assets rose 48 per cent from $286bn to $424bn in the two years to June 2023, a period during which the S&P 500 was broadly flat....
...Alibaba shares rose after Chinese regulators fined Ant Group. Penalties often end uncertainty about the outcome of investigations....
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