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Airbus regains $110b market value last seen before Covid in 2020

BLOOMBERG Airbus SE has clawed back a €100 billion ($110 billion) market value last reached before the coronavirus pandemic in early 2020 knocked the stock, as a rapid rebound in air travel swells the planemaker’s order book. The Toulouse, France-based planemaker last had a market capitalisation in excess of €100 billion in the early weeks of 2020, after which the ...

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Delta eyes profit beat ahead of crucial summer travel season

BLOOMBERG Delta Air Lines Inc sees profit this quarter topping Wall Street’s estimates, buoyed by steady bookings heading into the crucial summer travel season, even as it posted weaker-than-expected results for the first months of the year. Adjusted second-quarter earnings will be $2 to $2.25 a share, the Atlanta-based airline said in a statement. That compares with a $1.61 analyst ...

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Japan’s PM resumes election speech schedule after bomb scare

BLOOMBERG Japanese Prime Minister (PM) Fumio Kishida returned to the campaign trail after being targeted by an explosive device at an event he attended in central Japan, weeks before he hosts the Group of Seven (G-7) world leaders for a summit. A 24-year-old man has been arrested on suspicion he threw an explosive in Kishida’s direction just as he was ...

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