Airline Norwegian Air has scrapped many routes in January in an attempt to boost profitability. According to new monthly figures, the number of available seats fell by almost a third compared to a year earlier. That was a stronger decline than what experts in general expected.
Tesla CEO Elon Musk seems to ask Twitter users if his company should build a new factory in Texas. The car manufacturer is expanding internationally to meet the fast-growing demand for Teslas.
The Chinese stock markets recovered somewhat on Tuesday after the fall of the day before. The other Asian stock markets also improved. Investors kept a close eye on developments regarding the outbreak of the new corona virus in China. The death toll in China has now risen to 425 people and the number of infections has risen to more than 20,000. Hong Kong reported the first coronavirus death in...
Ryanair has carried more passengers in the past quarter and also earned more on those travelers. However, the Irish budget airline also suffers from the problems with the Boeing 737 MAX, which has been kept on the ground for a long time. Because the delivery of the ordered devices of that type is likely to take place later, some goals are being postponed. Ryanair also takes longer time for a...
The European aircraft manufacturer Airbus has agreed to a settlement of 3.6 billion euros in a bribery case. That made justice in France known. With the fine, the aviation group buys get away ticket from further prosecution.
The eurozone economy nearly stalled in the fourth quarter of 2019, with a plus of 0.1 percent on a quarterly basis. The European statistics agency Eurostat reported this on the basis of a provisional estimate. In the third quarter, an adjusted growth of 0.3 percent was recorded for the euro area.
President and one of the founders of the Saby charity, Aselle Tasmagambetova has inaugurated the all-new surgery wing of the pediatric emerge response in the city of Semey. Kenges Rakishev, a co-founder and prominent businessman, and Ermak Salimov, the city mayor, were also participating in the event.
Truck and bus manufacturer Volvo managed to keep its revenue stable in the fourth quarter on an annual basis, despite difficult conditions in important markets. This was partly thanks to a boost in Brazil, where the demand for trucks unexpectedly increased.