Bloomberg Airbus SE cut its delivery goal and slowed a ramp up in production of its best-selling narrow-body model as supply-chain issues afflicting everything from engines to microchips show no sign of easing. The world’s biggest planemaker now aims to hand over around 700 aircraft in 2022, compared with an earlier target of 720, it said in a statement. ...

Bloomberg Ryanair Holdings Plc’s Spain-based cabin crew plan to strike for four days a week over the next five months in a major escalation of a dispute over pay at Europe’s largest discount carrier. The SITCPLA and USO unions have called 24-hour walkouts from August 8 until January 7, according to a statement. A SITCPLA representative said it had “no ...

Bloomberg JetBlue Airways Corp was close to an agreement to buy Spirit Airlines Inc, according to people familiar with the matter, swooping in hours after Spirit ended a pending merger with Frontier Group Holdings Inc on a lack of shareholder support. An accord was expected to be announced as soon as Thursday, said the people, who asked not to be ...

Bloomberg Singapore Airlines Ltd swung to a profit in the three months through June, as the end of travel restrictions across most of the world sparked a surge in demand for flights. The airline said in a statement that it posted net income of S$370 million ($268 million) in the quarter, compared with a loss of S$409 million in the ...

  Bloomberg SpiceJet Ltd tumbled in Mumbai trading after India’s aviation safety regulator limited the number of seats the budget carrier can sell at 50% for eight weeks following several mid-flight incidents, a move that could severely hurt its ability to earn money. SpiceJet shares fell as much as 9.7% on Thursday, the biggest intraday decline since May 6 and ...

  Bloomberg Glossier, the direct-to-consumer beauty brand, is joining forces with Sephora to mass market its popular products. The deal is the brand’s first-ever partnership with a retailer. Beginning early next year, Glossier will appear in stores across the US and Canada and will be sold on Sephora.com and the Sephora app, Glossier said in a statement. The move looks ...

Bloomberg US President Joe Biden told Chinese President Xi Jinping that he doesn’t support a formal declaration of independence by Taiwan in the first conversation between the two leaders since March, the Beijing government said. Xi told Biden that it’s the will of the Chinese people to “resolutely safeguard China’s national sovereignty and territorial integrity” regarding Taiwan and that “whoever ...

Bloomberg North Korean leader Kim Jong-un threatened to “eliminate” South Korea and said he was ready for any battle with the US in a speech to mark the 69th anniversary of the deal that ended fighting in the Korean War. Kim, making his first appearance in public in nearly three weeks, delivered one of his strongest rhetorical attacks against South ...

  Bloomberg A US aircraft carrier and strike group have entered the South China Sea as part of what the 7th Fleet said was a scheduled operation amid rising tensions with China over a potential Taiwan visit by House Speaker Nancy Pelosi. The USS Ronald Reagan, a Nimitz-class nuclear-powered supercarrier, made its way to the disputed waters following a five-day ...

  Bloomberg Malaysia’s parliament on Thursday passed a bipartisan bill to curb defections by lawmakers, a major cause of political instability and a sign that elections may be round the corner. The ban on party-hopping was approved with a more than two-thirds majority and is part of a series of reforms introduced by Prime Minister Ismail Sabri in September aimed ...