Edition:
India

Ankit Ajmera

If you can't fly, you can't buy: Chinese U.S. homebuying sinks

4:16pm IST

U.S. home sales to Chinese buyers may plunge as much as 60% this year, according to a U.S. real estate industry body, as the travel curbs imposed to thwart the coronavirus counter the impact of a surge in the yuan against the dollar.

Lockheed Martin raises full-year outlook after profit beat

20 Oct 2020

U.S. weapons maker Lockheed Martin reported a better-than-expected third-quarter profit, helped by higher sales in its aeronautics unit which makes the F-35 fighter jet, and raised its full-year earnings forecast.

UPDATE 3-Lockheed Martin raises full-year outlook after profit beat

20 Oct 2020

Oct 20 U.S. weapons maker Lockheed Martin reported a better-than-expected third-quarter profit, helped by higher sales in its aeronautics unit which makes the F-35 fighter jet, and raised its full-year earnings forecast.

United Airlines slashes costs to prepare for eventual COVID-19 rebound

15 Oct 2020

United Airlines said on Wednesday it cut operating costs by 59% in the third quarter and had nearly $20 billion of liquidity to position it for an eventual recovery from the COVID-19 crisis that has hammered the travel industry.

UPDATE 2-United Airlines slashes costs to prepare for eventual COVID-19 rebound

15 Oct 2020

Oct 14 United Airlines said on Wednesday it cut operating costs by 59% in the third quarter and had nearly $20 billion of liquidity to position it for an eventual recovery from the COVID-19 crisis that has hammered the travel industry.

Boeing scores year's first 737 MAX order with Polish airline Enter Air

20 Aug 2020

Boeing Co won its first order for the grounded 737 MAX aircraft this year, after Poland's Enter Air SA agreed to buy up to four variants of the jet, the U.S. planemaker said on Wednesday.

UPDATE 2-Boeing scores year's first 737 MAX order with Polish airline Enter Air

20 Aug 2020

Aug 19 Boeing Co won its first order for the grounded 737 MAX aircraft this year, after Poland's Enter Air SA agreed to buy up to four variants of the jet, the U.S. planemaker said on Wednesday.

Southwest sees slower third-quarter cash burn as bookings improve, demand still choppy

19 Aug 2020

Southwest Airlines said on Wednesday it expects cash burn in the third quarter to slow as bookings improve modestly for August and September, even as demand remains choppy due to the coronavirus crisis, forcing the carrier to cut back its flight schedule.

UPDATE 2-Southwest sees slower Q3 cash burn as bookings improve, demand still choppy

19 Aug 2020

Aug 19 Southwest Airlines said on Wednesday it expects cash burn in the third quarter to slow as bookings improve modestly for August and September, even as demand remains choppy due to the coronavirus crisis, forcing the carrier to cut back its flight schedule.

Boeing 737 MAX cancellations rise, deliveries drop as crises drag on

12 Aug 2020

Boeing Co customers scrubbed more than 400 orders for the U.S. planemaker's grounded 737 MAX jets this year, while the company's overall aircraft deliveries slumped to only four in July, monthly numbers showed on Tuesday.

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