Boeing plans to raise £27bn amid concerns of future bankruptcy Business Embattled US planemaker Boeing has announced plans to raise as much as $35bn (£26.8bn) through a credit agreement and share sale to boost its balance sheet as it battles a string of crises.
This is why business travel will never be the same again – IWG boss Business Current signs indicate business travel is unlikely recover to pre-pandemic levels, the boss of IWG, one of the world’s largest office providers, has said. “Technology will never replace the value of in-person interactions where they are strategically important,” chief executive Mark Dixon told City AM. However, he warned “all signs suggest it is unlikely to return to [...]
Wizz Air, Easyjet and IAG: Short sellers circle London-listed airlines Business Five short sellers have taken out positions against the three major airlines that hold listings on London's FTSE 100 and FTSE 250 indexes.
London Heathrow Airport: Record run continues as September traffic booms October 11, 2024 Heathrow's bullish performance comes as the West-London hub mulls whether to pursue its long-delayed expansion plans.
Boeing strike set to drag on after talks with union collapse October 9, 2024 Boeing said it had removed an offer which would have increased pay for its rank-and-file machinists by nearly a third over the next three years.
Boeing deliveries fall as strikes impact output October 8, 2024 Boeing said on Tuesday it had delivered 33 planes in September, down from 40 in August, as it grapples with the impact of ongoing strikes.
Socialists won’t stop my bumper bonus, says Wizz Air boss October 3, 2024 Varadi is blunt at times and tough to decipher, but his backstory is undeniably impressive. The 59-year-old speaks to City AM in Rome.
World’s largest insurers head to court for high-stakes clash October 2, 2024 A multi-billion pound trial over stranded aircraft in Russia kicked off this morning in a jam-packed courtroom
‘False alarm’: The post-pandemic global travel boom is showing no signs of slowing September 25, 2024 Global travel has peaked nearly five years after the pandemic decimated the industry. How long will the boom last?
Short sellers circle Wizz Air amid share price struggles September 23, 2024 The latest data from S & P shows shares out on loan represent 13 per cent of Wizz Air's stock available for trading.