Business

US gives Hungary’s MOL more time for talks to buy Serbian oil firm NIS

Saturday, June 6 by SRN News

ATHENS, June 6 (Reuters) - Hungary's largest oil and gas corporation, MOL MOLB.BU, has been granted more time by the U.S. government to negotiate the purchase of a majority stake in Serbia's NIS NIIS.BEL, an oil company controlled by Russia, MOL said late... Read More.

Southwest sticks with Boeing as MAX 7 delay pushes service to 2027

Saturday, June 6 by SRN News

By Rajesh Kumar Singh RIO DE JANEIRO, June 6 (Reuters) - Southwest Airlines expects Boeing's long-delayed 737 MAX 7 to enter revenue service in 2027 and remains focused on the MAX family rather than adding another aircraft type to reduce risk, Chief Operating Officer Andrew... Read More.

Embraer sees airlines delaying decisions on plane purchase options due to Iran war

Saturday, June 6 by SRN News

By Gabriel Araujo RIO DE JANEIRO, June 6 (Reuters) - Some airlines are delaying decisions on whether to exercise aircraft purchase options amid uncertainties related to the war in Iran, which has pushed up jet fuel prices, Embraer CEO Francisco Gomes Neto told Reuters on... Read More.

Alaska Air says demand, fares could support second-half cash flow despite fuel shock

Saturday, June 6 by SRN News

By Rajesh Kumar Singh RIO DE JANEIRO, June 6 (Reuters) - Alaska Air Group is hopeful it can reinstate its financial guidance on its second-quarter earnings call if fuel prices show more stability, Chief Financial Officer Shane Tackett told Reuters on Saturday, after volatility in... Read More.

Boeing can provide aftermarket support to China for 200-jet order, executive says

Saturday, June 6 by SRN News

By Allison Lampert SAO PAULO, June 6 (Reuters) - Boeing's top services executive said on Saturday that the planemaker can provide aftermarket parts support to China to back a 200-plane order announced by the planemaker following a visit by U.S President Donald Trump to Beijing... Read More.

Embraer sees airlines delay option decisions as Iran war clouds industry

Saturday, June 6 by SRN News

By Gabriel Araujo RIO DE JANEIRO, June 6 (Reuters) - Some airlines are delaying decisions to exercise aircraft purchase options amid uncertainties related to the war in Iran, which has pushed up jet fuel prices significantly, Embraer CEO Francisco Gomes Neto told Reuters on Saturday. While... Read More.

High fuel costs to trigger airline failures and consolidation, industry chief says

Saturday, June 6 by SRN News

By Joe Brock RIO DE JANEIRO, June 6 (Reuters) - Soaring jet fuel prices driven by conflict in the Middle East are likely to push more airlines into bankruptcy and spur more sector consolidation this year and next, the head of the global airline body... Read More.

Deferring jet orders over Iran war would be costly for Middle Eastern carriers, IATA VP says

Saturday, June 6 by SRN News

By Allison Lampert and Gabriel Araujo RIO DE JANEIRO, June 6 (Reuters) - Deferring jet orders due to uncertainty and higher jet fuel prices caused by the war in Iran would be unwise for Middle Eastern carriers, as the decision could be costly in the... Read More.

Air New Zealand plans for elevated fuel costs into 2027

Saturday, June 6 by SRN News

By Rajesh Kumar Singh RIO DE JANEIRO, June 6 (Reuters) - Air New Zealand has offset only 25% to 40% of the hit from higher fuel prices through hedging and fare increases, Chief Executive Nikhil Ravishankar told Reuters on Saturday, as the carrier plans for... Read More.

America In Focus: US job market is rebounding, but economic frustration persists

Saturday, June 6 by SRN News

The economy, inflation and how those forces could impact the lives of Americans were front and center over the past week. Trips to the grocery store or gas station are more painful than they were last year, and rising costs are impacting the decisions... Read More.

Current Weather

US gives Hungary’s MOL more time for talks to buy Serbian oil firm NIS

Southwest sticks with Boeing as MAX 7 delay pushes service to 2027

Embraer sees airlines delaying decisions on plane purchase options due to Iran war

Alaska Air says demand, fares could support second-half cash flow despite fuel shock

Boeing can provide aftermarket support to China for 200-jet order, executive says

Embraer sees airlines delay option decisions as Iran war clouds industry

High fuel costs to trigger airline failures and consolidation, industry chief says

Deferring jet orders over Iran war would be costly for Middle Eastern carriers, IATA VP says

Air New Zealand plans for elevated fuel costs into 2027

America In Focus: US job market is rebounding, but economic frustration persists

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