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Boeing 737 Max fleet to be parked in Australia

Bloomberg Australia has given clearance for Singapore Airlines Ltd’s SilkAir to store its six Boeing Co 737 Max aircraft in the country, as the global grounding of the jet continues following two deadly crashes within the past 12 months. SilkAir has provided flight plans and the first aircraft is expected to arrive in Alice Springs, central Australia, on Monday, according ...

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Virgin Atlantic seeks Manchester push with Thomas Cook slots

Bloomberg Virgin Atlantic Airways Ltd is looking to pick up operating slots at Manchester airport vacated by collapsed rival Thomas Cook Group Plc in a bid to grab a larger share of the travel market in northern England. The airline is in contact with Airport Coordination Ltd, which allocates takeoff and landing positions in Manchester, with a view to adding ...

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Crude shorts soar as market shakes off Saudi disruption

Bloomberg Oil investors piled into short positions as oil markets shook off the disruption from attacks on Saudi Arabian oil facilities. Bets that West Texas Intermediate crude prices would decline surged 33%, just before prices briefly dipped below pre-attack levels. Money managers are still net long, according to data released September 27 by the US Commodity Futures Trading Commission, but ...

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