Tag: Transportation/Logistics

FAA notes safety concerns over new Boeing 777X: reports

The Federal Aviation Administration has reportedly told Boeing Co. that an updated version of its 777 long-haul airliner is not ready for certification, and likely won’t be until late 2023. The Seattle Times first reported Sunday that the FAA sent Boeing BA, -0.87% a letter dated May 13 warning it may require more test flights […]

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Opinion: Here’s why Boeing’s stock will soar

Founded by lumber tycoon William Boeing in Seattle in 1916, Boeing has grown to become one of two major plane manufacturers in the world, and a major U.S. defense contractor. It has hit plenty of turbulence along the way. But few jolts were as rough as the double whammy that laid the aerospace giant low […]

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American Airlines trims some flights to relieve potential strain on operations

American Airlines Group Inc., which rapidly increased flying to meet a surge in travel demand, is trimming some flights to alleviate potential strains on its operations. The number of flights being culled is relatively small, amounting to about 1% of planned flying in the first half of July, the company said. But scrapping roughly 950 flights […]

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Airline stocks gain altitude as Europe plans to welcome more overseas tourists

Airline stocks flew higher on Tuesday, as the European Union moved to welcome foreign tourists to the region, a sign that more normal travel and tourism conditions can resume as COVID-19 vaccinations become more widespread. Shares in British Airways owner IAG IAG, +2.14%, Air France-KLM AF, +1.00%, Lufthansa LHA, +3.03%, Ryanair RYA, +0.15%, EasyJet EZJ, […]

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