Airline industry
The Latest
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Warren Buffett Takes Advantage Of Dip And Raises Stake In Delta Air Lines
Warren Buffett, through his investment firm Berkshire Hathaway, purchased an additional 976,507 shares of Delta Air Lines for $45.3 million. Warren Buffett, through his investment firm Berkshire Hathaway, purchased an additional 976,507 shares of Delta Air Lines for $45.3 million. -
Air Italy Halts Operations And Goes Into Liquidation
The owners of the privately-owned Italian airline, Air Italy, have decided to close up shop and liquidate the company. The owners of the privately-owned Italian airline, Air Italy, have decided to close up shop and liquidate the company. -
Boeing Received Zero Plane Orders In January Amid Ongoing 737 Grounding
For the first time in decades, Boeing reported a negative order rate last year, with zero orders again for the first month of this year. For the first time in decades, Boeing reported a negative order rate last year, with zero orders again for the first month of this year. -
New Delhi To Sell Entire Stake In Troubled Air India
India's civil aviation ministry has opened bidding for a 100 percent stake in the country's national carrier Air India. India's civil aviation ministry has opened bidding for a 100 percent stake in the country's national carrier Air India. -
China's Domestically-Built COMAC C919 Jet Aces Flight Tests In Shanghai
The fifth version of the COMAC C919 narrow-body twinjet airliner successfully completed its maiden flight in Shanghai. The fifth version of the COMAC C919 narrow-body twinjet airliner successfully completed its maiden flight in Shanghai. -
Vietnam's Bamboo Airways Targeting $100 Million For Its 2020 IPO
Vietnam's Bamboo Airways plans to use the funds it raises with its IPO to acquire at least 30 percent of the domestic aviation market. Vietnam's Bamboo Airways plans to use the funds it raises with its IPO to acquire at least 30 percent of the domestic aviation market. -
Airbus To Bolster Chinese Business To Support Increasing Asian Demand
Airbus announced this week its plans to significantly boosting its business in China with the expansion of key facilities. Airbus announced this week its plans to significantly boosting its business in China with the expansion of key facilities. -
British Airways Pilots Call Off Strike In Latest Move Against Airline
Due to the canceled pilot's strike, British Airways will now have to scramble to reinstate as many flights as it can, causing major inconvenience to passengers. Due to the canceled pilot's strike, British Airways will now have to scramble to reinstate as many flights as it can, causing major inconvenience to passengers. -
Permira To Acquire Major Stake In Hong Kong Aircraft Parts Maker Topcast
European private equity firm Permira is set to purchase a majority stake in Chinese aircraft parts maker Topcast Aviation Supplies. European private equity firm Permira is set to purchase a majority stake in Chinese aircraft parts maker Topcast Aviation Supplies. -
Computer Glitch Forces British Airways To Cancel Flights In London
British Airways was forced to cancel more than 100 flights out of London due to a computer glitch affecting its check-in and flight start systems. British Airways was forced to cancel more than 100 flights out of London due to a computer glitch affecting its check-in and flight start systems.