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China’s largest carrier plans to boost Airbus, Boeing jet deliveries

BLOOMBERG China Southern Airlines Co Ltd, the country’s largest airline by fleet size, expects to take delivery of more than 200 Boeing Co and Airbus SE single-aisle jets over three years. The Guangzhou-based carrier’s aircraft delivery and disposal plan revealed an addition of 103 Boeing 737 aircraft over the period. The report also showed that 111 Airbus A320 series jets ...

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United Air launches nonstop service between US, Dubai

DUBAI / WAM United Airlines has launched a new nonstop daily service between its New York/Newark hub and Dubai International (DXB). United is the only US airline to offer non-stop flights between Dubai and the United States, flying to more destinations in the Middle East than any other US airline. The new service marks United’s return to Dubai, which the ...

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Adani stocks drop on report group seeks more time to pay loans

BLOOMBERG Adani Group stocks slumped on Tuesday as local media reports sparked renewed concerns over the ports-to-power conglomerate’s ability to repay its debt. Adani Ports & Special Economic Zone Ltd fell 5.7% to close at 593.40 rupees — lower than the price GQG Partners paid to buy a stake earlier this month — after plummeting more than 9% earlier in ...

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