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Boeing stages 30% Nov rally on 737 Max return, vaccine hope

Bloomberg Boeing Co, the biggest laggard on the Dow Jones Industrial Average this year through October, is turning the tables in November with a 30% gain. The shares are surging this month on the impending return of its 737 Max jet and promising vaccine trials from Pfizer Inc that suggest an eventual rebound in the depressed market for jetliners. Another ...

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Norwegian in crisis as state denies ‘rescue’

Bloomberg Norwegian Air Shuttle ASA risks becoming a casualty of the global aviation crisis after the state rejected a request for a second multi-billion krone rescue package. A fresh bailout wouldn’t be a good use of public funds, the government in Oslo said, leaving the discount carrier in need of help to weather the winter months as air travel remains ...

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EU tariffs on US-made jets may affect Ryanair’s Max order

Bloomberg Ryanair Holdings Plc’s long-delayed Boeing Co 737 Max deliveries face a new hurdle after the European Union opted to apply tariffs to US-made aircraft. The European bloc said it would levy 15% tariffs on US jets, alongside other goods including wheat, cheese, etc. Dublin-based Ryanair, the continent’s biggest discount carrier, has more than 135 Max 200 jets on order, ...

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