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SAS warns much more needed to restore its financial health

Bloomberg SAS AB, which is working its way through a Chapter 11 restructuring in the US, cautioned that much more remains to be done to convince stakeholders to invest in the ailing Scandinavian carrier. The airline also needs to overcome the impact of a pilot strike and travel disruptions that hobbled its key summer season, just as the price of ...

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Boeing targets early 2023 for first Starliner mission

  Bloomberg Nasa aims to use Boeing Co.’s Starliner space vehicle for a crewed mission to the International Space Station as soon as February, the agency said. The flight will mark a major milestone in Starliner’s development, which has suffered from delays and testing setbacks. The planned eight-day mission would be Starliner’s first with astronauts aboard. While the exact launch ...

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Lufthansa pilots step up strike threat as wage talks hit impasse

Bloomberg Deutsche Lufthansa AG pilots said they have begun preparations to go on strike after failing to reach a wage accord with the airline, potentially creating more chaos after recent labour action already disrupted operations at the height of summer travel season. “At this point we remain far apart,” Matthias Baier, the spokesman for the Vereinigung Cockpit pilot labour union, ...

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