Wednesday , 17 December 2025

Recent Posts

FAA workers say top managers show pro-Boeing bias

Bloomberg Front-line aviation safety specialists for the US government say they fear industry concerns come first, and that senior managers aren’t held accountable for pro-business decisions, according to the results of an employee survey. Surveys and focus groups of Federal Aviation Administration employees conducted in the wake of two fatal crashes of the Boeing Co 737 Max found widespread concern …

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Britain’s aerospace plans $1.3bn supplier bailout

Bloomberg The UK aerospace industry plans to create a 1 billion-pound ($1.3 billion) fund to prop up suppliers, the Sunday Times reported, without saying where it got the information. Trade association ADS Group has drafted proposals aimed at helping small businesses hurt by production cuts at planemakers as the coronavirus crisis suppresses demand for travel, according to the newspaper. The …

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Busted retailers use bankruptcy to break leases by thousands

Bloomberg With the pandemic intensifying the plight of US retailers, companies from J Crew Group Inc to the owner of Ann Taylor are using Chapter 11 bankruptcy filings to quickly get out of costly, long-term leases and shutter thousands of stores. By seeking court protection, firms like Neiman Marcus Group Inc and the parent company of Men’s Wearhouse avoid the …

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