4+ day, 7+ hour ago   (361+ words) SEATTLE, Aug 14 (Reuters) - Boeing's announcement this week that it is selling Wisk Aero is less a signal of a broader breakup than an effort to shed a struggling, non-core air taxi business that had become a distraction from the aerospace…...

4+ day, 10+ hour ago   (905+ words) CHICAGO, Aug 14 (Reuters) - Airlines are getting grounded jets back into the air. The bills left by a years-long engine crisis are proving much harder to bring down. Air New Zealand offers a glimpse of how those costs can linger. Engine…...

6+ day, 10+ hour ago   (467+ words) By Joanna Plucinska and Paolo Laudani LONDON, Aug 12 (Reuters) - TUI, Europe's largest travel company, missed third-quarter operating profit forecasts but avoided issuing another warning on Wednesday as bookings continued to fall and jet fuel prices remained high due to the…...

6+ day, 21+ hour ago   (240+ words) LONDON, Aug 12 (Reuters) - Ryanair said on Wednesday it would deploy Google's Gemini AI tools and DeepMind models across its operations under a new five-year cloud partnership, using the technology to help manage crew scheduling and make operational decisions. Ryanair, Europe's…...

1+ week, 4+ day ago   (317+ words) MOSCOW, Aug 7 (Reuters) - President Vladimir Putin has given the green light for the sale of the government's 30.4% stake in Sheremetyevo airport, Moscow's largest, at a time when Russia is seeking to bolster its war-depleted state finances. Putin paved the way…...

1+ week, 5+ day ago   (622+ words) By Yamini Kalia, Alessandro Parodi and Joanna Plucinska Aug 6 (Reuters) - Apollo Global has agreed to buy easyJet in a deal that values the European budget airline at about £5.70 billion ($7.7 billion), the companies said on Thursday, as rival suitor Castlelake abandoned…...

1+ week, 5+ day ago   (292+ words) Aug 6 (Reuters) - Apollo Global has agreed to buy European budget airline easyJet in a deal that values the carrier at about £5.7 billion ($7.7 billion), the companies said on Thursday, as rival suitor Castlelake abandoned its pursuit. Here is a look at…...

1+ week, 5+ day ago   (229+ words) Aug 6 - German airport operator Fraport beat second-quarter earnings expectations on Thursday, but its shares fell after analysts highlighted weaker cash flow and the impact of a one-off gain on profitability. Second-quarter EBITDA rose 0.7% to 386.3 million euros ($446 million), beating analysts' expectations…...

1+ week, 6+ day ago   (722+ words) By Florence Loeve and Gilles Guillaume PARIS, Aug 5 (Reuters) - France's push to enlist its car industry to produce military drones is moving to industrial implementation, as partnerships between automakers, car-part suppliers and defence firms turn lessons from the war in…...

3+ week, 5+ day ago   (287+ words) NEW DELHI, July 23 (Reuters) - The International Air Transport Association (IATA) has tapped World Economic Forum managing director Saadia Zahidi as its new director general after current boss Willie Walsh joins Indian carrier IndiGo, the airline lobby group said on Thursday....