Bloomberg Delta Air Lines Inc is delaying $5 billion in aircraft deliveries until after 2022, dealing a blow to Airbus SE as the US carrier braces for years of weak travel demand. The deferrals include about $2 billion in planes that were scheduled to be handed over this year, Delta said in a statement as it reported worse-than-expected quarterly results. …

Bloomberg Raytheon Technologies Corp began shedding salaried workers at its Pratt & Whitney jet-engine unit as the company prepares for a long slump in sales and repair work. Most of the involuntary cuts will occur over the next few days and affect workers in the US, Canada and Poland, Pratt said in an internal memo seen by Bloomberg News . …

Bloomberg Americans are slowly starting to fly again, which signals a positive turnaround for owners of the more than $120 billion of municipal debt sold by the nation’s airports. Some 5.7 million travellers passed through checkpoints in the week ended on October 10, the most since the coronavirus pandemic scuttled air travel and halted tourism, according to the Transportation Security …