Recent Posts

EasyJet raises earnings target again as bookings remain strong

BLOOMBERG EasyJet Plc raised its earnings target for a second time this year amid strong bookings into the crucial summer period and robust demand during the Easter vacation. The discount specialist now expects to beat revised market expectations that foresee a pretax profit of £260 million this year, according to a statement. That’s up from a previous goal of beating ...

Read More »

Boeing plans to boost output of 737 planes despite latest glitch

BLOOMBERG Boeing Co is moving ahead with plans to hike output of its cash-cow 737 jetliner while dealing with the ripple effects from a new production flaw uncovered by one of its largest suppliers. The US planemaker isn’t altering the schedule for its 737 suppliers, including rate increases, Chief Executive Officer Dave Calhoun said at a virtual gathering of shareholders. ...

Read More »

Airline blunder sells $10,000 business class tickets for only $300

BLOOMBERG Eagle-eyed travellers snapped up heavily discounted tickets in the fanciest cabins on All Nippon Airways (ANA) after a currency conversion blunder, with one paying just $890 for flights in first class all the way from Jakarta to the Caribbean via Tokyo and New York, and back again. That 9,000-mile journey would typically cost nearly 20 times as much in ...

Read More »
Send this to a friend