Bloomberg Airbus SE spent a record 8 billion euros ($8.7 billion) of cash in the first quarter as Chief Executive Officer Guillaume Faury warned of the “gravest crisis the aerospace industry has ever known.” While almost half of the cash hit came from a bribery settlement, the abrupt drop in deliveries seen in March will worsen this quarter, eating further ...

Bloomberg As dividends are slashed around the world, the $42 billion in promised payouts by China’s biggest banks have a powerful defender — the Communist Party. Industrial & Commercial Bank of China Ltd. (ICBC) and its three biggest peers are returning more than 30% of their 2019 earnings to shareholders, implying an average dividend yield of more than 6%. That’s ...

Emirates Business Etihad Airways continues to increase the number of special flights it is operating from Abu Dhabi to several key destinations around the world, as it prepares for an eventual return to scheduled flights, subject to the lifting of current travel restrictions. Throughout May, the airline will increase frequencies on recently announced special flights from Abu Dhabi to Amsterdam, ...