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Boeing vows new cash gusher after sales top $100bn

Bloomberg Boeing Co. soared after reporting record cash for 2018 while cracking the $100 billion sales barrier for the first time in its 102 years — and the US planemaker says the best is yet to come. Revenue, earnings and cash are all poised to rise this year, building on fourth-quarter earnings that beat estimates, the company said in a ...

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Airbus jetliner unit hit by cyber breach

Bloomberg Airbus SE said its jetliner business was hit by a data breach that gave intruders access to some employees’ personal information. There was no impact on aircraft production, the European planemaker said in a statement. Airbus said it was in contact with regulators and data-protection authorities as it probes the origins of the intrusion. “Investigations are ongoing to understand ...

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Cash-starved Jet Air says some planes grounded

Bloomberg Cash-starved carrier Jet Airways India Ltd. said some aircraft were grounded because of technical and temporary reasons, denying a news report that said the planes were not flying because of a default in lease-rent payment. The carrier, struggling to repay debt, is regularly providing updates to lessors on efforts to improve liquidity and they, including GECAS, have been supportive, ...

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