British aerospace giant Rolls-Royce, facing plunging demand as the coronavirus pandemic sparks an air transport crisis, launched plans Thursday to shore up its finances by up to £5.0 billion ($6.4 billion, 5.5 billion euros).
Oct 1, 2020
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Business
Veteran American Airlines Chief Executive Doug Parker plans to step down in March and will be succeeded by his deputy, Robert Isom, the carrier announced Tuesday.
Dec 7, 2021
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Business
US airlines' continued efforts to rein in costs and step up safety measures so travelers will return to the skies paid off in results reported Thursday that showed carriers paring losses in the latest quarter.
Oct 22, 2020
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Automotive
US-Italian automaker Fiat Chrysler said Thursday its net earnings fell by nearly a fifth last year as sales slowed, although both rose in the final quarter.
Feb 6, 2020
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