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Europe aims to make prototype for new fighter plane by 2026

Bloomberg France, Germany and Spain will move a step further to building a new combat plane on Monday at the Paris Air Show when defense ministers will sign a cooperation accord to produce a prototype. The three European countries are aiming to produce the prototype in 2026, the French president’s office said. The project was launched in 2017 by President ...

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Southwest Air extends 737 Max cancellations

Bloomberg Southwest Airlines Co. pulled the Boeing Co. 737 Max from its schedule for an additional month, citing uncertainty over when regulators will allow the jet to resume service. Southwest, the narrow-body aircraft’s largest operator, will cancel about 100 daily flights as the Max is removed from schedules through September 2, the Dallas-based carrier said in a statement. The airline ...

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Target fixes system-wide register glitch

Bloomberg Target Corp. said a system-wide outage that prevented customers from making purchases at its stores has been fixed. The two-hour outage, which affected its registers, was caused by an internal technology problem, the retail chain said, without giving more details. “Our technology team worked quickly to identify and fix the issue,” Target said in an emailed statement. “After an ...

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