Bloomberg Mexican President Andres Manuel Lopez Obrador shouldn’t expect a windfall from his decision to sell the Boeing Co. 787 Dreamliner that has transported his predecessor since 2016. The so-called VVIP — very, very important person — aircraft is likely to generate a multimillion-dollar loss on the untested secondary market for customised 787s, according to an analysis by Flight Ascend ...

Bloomberg Airbus SE blamed the European Union for the UK’s decision to quit the Galileo satellite-defense programme, after the country was denied a central role in the 10 billion-euro ($11 billion) project after Brexit. The move will deal a “serious blow to the EU’s common security and defense ambition,” Chief Executive Officer Tom Enders said in an Airbus Twitter post. ...

Bloomberg The turbulence in airline stocks is yet to ease as news of fresh production cuts and calming trade concerns sent oil prices surging. US airline shares have traded closely with fluctuations in oil prices over the past few months, especially after several carriers were forced to trim their profit outlook citing soaring jet fuel costs that pressured margins. When ...