Recent Posts

Southwest profit tops estimates despite lingering cost pressures

Southwest Airlines Co. reported a third-quarter profit greater than Wall Street expected as business sales strengthened, even as the carrier warned that cost pressures will extend into next year. Adjusted earnings were 50 cents a share in the period, the company said in a statement, compared with the 44-cent average from analyst estimates compiled by Bloomberg. Revenue of $6.22 billion ...

Read More »

Made.com abandons hope for rescue buyer

Made.com Group Plc, the British online furniture retailer, abandoned hopes to find a rescue buyer and said it’s taking steps to try to protect its creditors and shareholders. The company, which warned it was running out of cash, decided that there “is no reasonable prospect” for an offer and terminated the sale process. It has halted new orders to its ...

Read More »

Boeing 737 Max set for China return with airline scheduling

China Southern Airlines Co. has added the Boeing Co. 737 Max back to its schedule in what would be the model’s first commercial passenger flight in China since regulators grounded it in 2019. The airline plans to deploy the Max from October 31 on at least one daily roundtrip from Guangzhou to both Wuhan and Zhengzhou, according to its booking ...

Read More »
Send this to a friend