Bloomberg Boeing Co pleaded not guilty to deceiving federal regulators about changes made to its 737 Max flight control system that led to two horrific crashes in 2018 and 2019. The airplane manufacturing giant’s arraignment in federal court in Fort Worth, Texas, marks the first time the company has been forced to publicly answer to a criminal charge connected ...

  Bloomberg Cebu Air Inc. will fully restore its pre-pandemic capacity in March, putting the Philippines’ largest budget carrier on the path to “full recovery and profitability” this year, said President and Chief Commercial Officer Alexander Lao. Cebu Air probably cut its loss to 2.09-billion peso ($38.3 million) in 2022, according to street consensus, as easing of virus curbs and ...

Bloomberg United Airlines Holdings Inc. said its first-quarter profit will be more than double analysts’ estimates, boosting shares as continued supply constraints across the industry combine with robust demand that shows no sign of slowing. Adjusted earnings will be 50 cents to $1 a share in the period, the carrier said in a statement while also detailing fourth-quarter results. That ...