Recent Posts

Boeing 737 Max was plagued with production problems

Bloomberg A former Boeing Co. manager who raised concerns about poor-quality production of the 737 Max will testify before a House committee investigating safety issues raised by two fatal crashes involving the plane. Ed Pierson warned senior Boeing colleagues in 2018 about what he said were overworked employees and repeated quality issues in building the newest model of 737s. Pierson ...

Read More »

SAA may get 5% of money owed by Zimbabwe

Bloomberg South African Airways (SAA), national airline that’s entered a form of bankruptcy protection, may only be offered 5% of the $60 million that its owed by Zimbabwe in funds from ticket sales and hasn’t been able to extract from the country. The central bank’s Monetary Policy Committee plans to “reject the majority of debts” owed to institutions, a move ...

Read More »

China expects US postponing December 15 tariff deadline

Bloomberg Chinese officials expect the US will delay a threatened tariff increase set for Sunday as both sides focus on de-escalating tensions by cutting import taxes currently in place rather than removing specific products from the target list, according to people familiar with the matter. Beijing sees removal of the December 15 threat enabling talks to continue on the unfinished ...

Read More »
Send this to a friend