Recent Posts

Rolls-Royce falls as engine failure spurs design fears

Singapore airshow 2018

Bloomberg Rolls-Royce Holdings Plc fell the most in more than a year after the in-flight shutdown of one of its engines on an Airbus SE A350 jet raised concerns that the model may be the latest afflicted by a design defect. The captain of the Iberia flight from New York to Madrid made an emergency landing in Boston 1 1/2 ...

Read More »

Only London – S’pore budget flight scrapped

35,000 passengers affected as norwegian pilots strike

Bloomberg The only budget flights between London and Singapore will end in January when Norwegian Air Shuttle ASA scraps the long-haul route little more than a year after it started. The last flight to London will leave Singapore on January 11, according to Norwegian’s customer booking line. The airline’s website shows no flights on the route beyond that month. The ...

Read More »

Hermes posts record H1 profitability on China boom

Bloomberg Hermes International reported record first-half profitability as the maker of $10,000-plus Birkin handbags benefited from brisk sales in China, a trend that shows no sign of easing off even as stock prices slump in the Asian nation. Recurring operating income amounted to 34.5 percent of sales, up 0.2 point, the Paris-based company said in a statement. Analysts predicted 34.4 ...

Read More »
Send this to a friend