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Boeing 737 Max 7’s approval faces new tests from regulators

Bloomberg Boeing Co. is getting new questions from US aviation regulators about the Max 7 aircraft, making it more likely the company will be unable to complete the certification process by late December and have to undertake a costly redesign. The Federal Aviation Administration (FAA) in a letter ordered the planemaker to study the impact of pilot performance on a ...

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Lufthansa doubles 2022 profit forecast on surge in bookings

  Bloomberg Deutsche Lufthansa AG said full-year earnings will be twice as high as expected after higher ticket prices and a rebound in demand sparked an accelerated recovery from the coronavirus crisis. Germany’s flagship carrier now expects 2022 adjusted earnings before interest and taxes of more than €1 billion ($981 million), according to a statement. That compares with previous guidance ...

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India’s festival gold sales to shine less brightly this year

  Bloomberg India’s gold sales during the festival period that ends the year may shine less brightly after a massive jump in 2021, and customers won’t be rushing to stores this time around, according to the World Gold Council. Demand for gold jewelry, coins and bars typically peaks in the world’s second-biggest consumer over October to December, driven by festivals ...

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