Bloomberg Boeing Co.’s newest and largest 787 Dreamliner got the federal approval it needs to fly commercially, winning authorisation before the recent US government shutdown. The certification concludes a flight-test programme that began last March for the first of the 787-10 carbon-fibre jets to be assembled solely at Boeing’s South Carolina factory, the Chicago-based planemaker said. That clears one of two ...

Bloomberg Airbus SE has received “hundreds of millions of dollars” in pre-delivery payments from carriers under the Hainan Airlines Holding Co. umbrella and is sufficiently protected from any financial risks involving the customer, John Leahy, the European planemaker’s chief of sales, said. “We build airplanes so you’d have an industrial risk if they were to get into some serious financial ...

Bloomberg One of H&M’s largest shareholders has lost its patience. Skandia’s actively managed funds have spent the past months selling off most of its stake in Hennes & Mauritz AB after watching the fashion retailer struggle with weakening sales in its physical stores and intensifying online competition. The Swedish savings and insurance giant says there’s a raft of issues H&M ...