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Boeing vows to up cash bounty even if 777 output gets cut

  Bloomberg Boeing Co. will remain a cash-generating juggernaut even if weak demand forces deeper production cuts to the 777 jetliner, a crucial source of profit, Chief Executive Officer Dennis Muilenburg said. Cash flow will increase next year and in 2018 as the Chicago-based planemaker fills a record backlog of orders and reaps its first profits from the 787 Dreamliner, ...

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German airline strikes ground 400 flights

  Berlin / AFP Strikes at German low-cost airlines Eurowings and Germanwings led to the cancellation of nearly 400 flights Thursday, stranding some 40,000 passengers, a spokesman for the two companies said. The airlines, owned by flag carrier Lufthansa, are locked in disputes with the Ufo flight attendants union. Eurowings staff are calling for salary increases and improved working conditions ...

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Qatar Airways to look at EU fair competition clauses

  AMSTERDAM / Reuters Qatar Airways expected talks with the European Union on new air traffic services agreements will take several years, and Qatar will focus on ensuring the EU’s planned fair competition clauses do not disadvantage the carrier, its CEO said. “We’re still in the early days of negotiating with the EU, and one area of particular notice is ...

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