Airbus is assuming a 40% drop in production over the next two years due to the coronavirus crisis, chief executive Guillaume Faury was quoted on Monday as saying. “For the next two years – 2020/21 – we assume that production and deliveries will be 40% lower than originally planned,” Faury said.
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As young patients fill new virus wards, Houston Methodist is calling nurses to work extra shifts and ramping up its testing efforts.
American Airlines will soon remove the booking limits it placed on flights back in April. | Photo by Sandy Huffaker/Getty Images American Airlines will resume booking its flights to capacity starting July 1st, the company has announced. The policy is similar to that of United Airlines, which ABC News reports has never blocked out seats or put a cap on the ca […]
Chloe x Halle brought dazzling looks and clever editing to their 2020 BET Awards medley performance of ‘Forgive Me’ and ‘Do It,’ which culminated in a gleaming dance-off.
The Federal Reserve will purchase corporate bonds from roughly 750 companies in the coming months to keep borrowing costs low and smooth credit flow.
The IRS is extending payment deadlines because of the pandemic.
Police in Tulsa, Oklahoma, say two officers are in critical condition after being shot and police are searching for a suspect described as armed and dangerous
The short history of baseball’s Negro Leagues is suddenly a tale for our times
With airlines seeing close to zero demand for long-haul flights, super-low airfares and empty seats are inevitable until the end of 2021 as debt-ridden carriers try to stimulate demand. So says the International Air Transport Association (IATA), an airline trade association, which recently revealed updated forecasts showing just how dire the economic outlook […]
While advising the government to allow airlines to do so, the advisory also called for #39;commercial freedom#39; of carriers
The European Central Bank (ECB) could expand its bond-buying program by a further 1 trillion euros ($1.12 trillion) over the next two to three years as inflation takes center stage, according to Berenberg European Economist Florian Hense.
Coty Inc. (NYSE: COTY) has acquired a 20% stake in Kim Kardashian West’s cosmetics line, according to a Financial Times report early Monday. read more
China warned Monday that it would impose visa restrictions on US citizens who had “behaved egregiously” over Hong Kong, ahead of expected approval from Beijing lawmakers for a controversial national security law in the city.
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