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The world’s air carriers are preparing their cabins for take-off. After 18 months in which passenger planes were laid up in desert boneyards, converted into makeshift medical-supplies freighters, and even flown on short return hops just to maintain their pilots’ certifications, the machinery of the global aviation industry is gradually creaking back into life. Emirates, the biggest carrier by international ...

The supply-chain crisis is driving a wedge through Big Tech. Earlier this week, Microsoft Corp. and Google parent Alphabet Inc. posted robust earnings results, as their software and internet-focused business models allowed them to avoid much of the supply-chain headwinds affecting other industries. But Apple Inc and Amazon.com Inc showed how vulnerable they were to the supply-chain mess. And it ...

For five decades, international environmental meetings have been riven by a north-south divide. While the rich nations of the global north have led calls to rein in emissions, their less affluent counterparts have largely remained on the sidelines. The Kyoto Protocol was in essence a treaty between the wealthy Group of Seven nations, the former Soviet Union, Australia and New ...

It doesn’t matter whether Russia couldn’t, or wouldn’t, boost natural gas supplies to Europe in recent weeks. Either way it has undermined its claim to be a reliable supplier. It’s also boosted the case for its most important customers to reduce their dependence on Moscow-controlled supplies and boost domestic renewable energy sources. The well-documented shortage of natural gas currently being ...

Bloomberg Airbus SE boosted its financial targets for the second time this year while confirming a production ramp-up that would cement the European planemaker’s advantage over Boeing Co. The shares rose as much as 3.2% after Airbus said adjusted operating profit will reach $5.2 billion in 2021. The company reversed some of the charges it took for Covid-19 disruptions as ...

Bloomberg American Airlines Group Inc cancelled 460 flights after weather conditions affected its staffing needs. The cancellations made up 9% of its mainline and regional flights, it said. With two days of severe weather at its Dallas-Fort Worth hub, its arrival capacity was cut by more than half, it said. The weather conditions also meant it could use just two ...

Bloomberg Argentina’s flagship carrier expects domestic operations to reach pre-pandemic levels by July of next year, according to its top executive. Aerolineas Argentinas President Pablo Ceriani said flights to tourist destinations within the country, from Patagonia in the south to Iguazu Falls in the northeast, are picking up faster than expected as the country emerges from one of the longest ...

Bloomberg Amazon.com Inc warned Wall Street that it will have to spend billions of dollars hiring workers, paying them more and even speeding partly empty trucks to their destinations to ensure that supply-chain snarls don’t derail the holiday shopping season. The massive outlays could wipe out Amazon’s profit during the last three months of the year, executives said. The company ...

Bloomberg AllDay Marts Inc, a supermarket chain founded by the richest person in the Philippines, is poised to jump in its trading debut thanks to heavy retail investor interest. AllDay’s offer was about four times oversubscribed, with the company and billionaire Manuel Villar raising a combined 4.52 billion pesos ($89 million) by selling 7.52 billion shares at 60 centavos each. ...

Bloomberg Aldi warned that the impact of global supply-chain bottlenecks will soon hit the shelves of its US grocery stores. “When you shop our aisles in the coming weeks and months, you may notice certain items arriving later than intended or after our advertised on-sale dates,” the German discounter said. Aldi’s warning underscores the intermittent shortages and delays that are ...