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Airbus revises up jet demand, trims traffic growth

5 hours ago DieselGasoil Comments Off on Airbus revises up jet demand, trims traffic growth
LONDON (Reuters) – Airbus on Wednesday revised up forecasts for jetliner demand in the next 20 years led by growth in the new industrial hubs of Asia, while voicing alarm over rising protectionism. FILE PHOTO: The logo of Airbus is pictured at their facility in Montoir-de-Bretagne near Saint-Nazaire, France July 12, 2019. REUTERS/Stephane Mahe The Read More

U.S. FAA to brief international regulators on status of Boeing 737 MAX

14 hours ago DieselGasoil Comments Off on U.S. FAA to brief international regulators on status of Boeing 737 MAX
FILE PHOTO: Grounded Boeing 737 MAX aircraft are seen parked in an aerial photo at Boeing Field in Seattle, Washington, U.S. July 1, 2019. Picture taken July 1, 2019. REUTERS/Lindsey Wasson/File Photo WASHINGTON (Reuters) – Federal Aviation Administration chief Steve Dickson has invited about 50 aviation safety regulators from around the world to an informal Read More

FAA chief to meet with Boeing officials, test 737 MAX simulator

1 day ago DieselGasoil Comments Off on FAA chief to meet with Boeing officials, test 737 MAX simulator
WASHINGTON (Reuters) – New Federal Aviation Administration (FAA) chief Stephen Dickson plans to fly to Seattle this week to fly “newly configured” Boeing 737 MAX software in a simulator and will visit with Boeing (BA.N) officials, the agency said Monday. FILE PHOTO: A Boeing 737 MAX aircraft is seen grounded at a storage area in Read More

Wall Street drops after Saudi attacks, energy stocks spike

2 days ago DieselGasoil Comments Off on Wall Street drops after Saudi attacks, energy stocks spike
(Reuters) – Energy stocks spiked while the rest of Wall Street fell on Monday after weekend attacks on Saudi Arabia’s oil facilities added to investors’ concerns about geopolitical risk and a slowing global economy. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., September 12, 2019. Read More

Beleaguered U.S. energy shares soar after attacks on Saudi facilities

2 days ago DieselGasoil Comments Off on Beleaguered U.S. energy shares soar after attacks on Saudi facilities
(Reuters) – Shares of U.S. energy companies surged on Monday, as a jump in oil prices in the wake of attacks on Saudi Arabia’s oil facilities gave new juice to a sector that has been a chronic underperformer. FILE PHOTO: Pump jacks operate at sunset in an oil field in Midland, Texas U.S. August 22, Read More

Tighten your safety belts: Air India puts flight crew on low-fat diet

2 days ago DieselGasoil Comments Off on Tighten your safety belts: Air India puts flight crew on low-fat diet
India’s national airline has announced a new departure for its crew members: their inflight meals will be offered from a new special low-fat menu. In a letter to staff seen by news agency ANI, Air India said the new low-fat and low-cholesterol dishes for staff are reportedly being introduced to “help our crew to remain Read More

Wall Street set to open lower after Saudi attacks; energy stocks surge

2 days ago DieselGasoil Comments Off on Wall Street set to open lower after Saudi attacks; energy stocks surge
(Reuters) – Wall Street was set to open lower on Monday as the weekend attack on Saudi Arabian oil facilities knocked out 5% of the world’s supply, sparking concerns over global economic growth and heightening tensions in the Middle East. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in Read More

Futures down after Saudi attacks spark rush for safety

2 days ago DieselGasoil Comments Off on Futures down after Saudi attacks spark rush for safety
(Reuters) – U.S. stock index futures slipped on Monday after the weekend attack on Saudi Arabian oil facilities knocked out 5% of the world’s supply, sparking concerns over global economic growth and heightening tensions in the Middle East. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, Read More

Airbus, French exporters slip as U.S. tariffs loom in subsidy row

2 days ago DieselGasoil Comments Off on Airbus, French exporters slip as U.S. tariffs loom in subsidy row
A logo of Airbus is seen on a flag at Airbus headquarters in Blagnac, near Toulouse, France, February 14, 2019. REUTERS/Regis Duvignau LONDON/PARIS (Reuters) – Shares in Airbus (AIR.PA) and other key French exporters fell on Monday as Europe and the United States edged closer toward tit-for-tat sanctions in a long-running dispute over aircraft subsidies. Read More

UAE regulator not optimistic on Boeing 737 MAX return this year

3 days ago DieselGasoil Comments Off on UAE regulator not optimistic on Boeing 737 MAX return this year
FILE PHOTO: The company logo for Boeing is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 11, 2019. REUTERS/Brendan McDermid/File Photo DUBAI (Reuters) – The head of the United Arab Emirates’ General Civil Aviation Authority said on Sunday he was not optimistic that the Read More