May 15, 2020

As Air France restores some flights, pilots queue for simulator

Air France is putting its grounded pilots through their paces in the flight simulator as the airline prepares to restore flights to dozens of destinations that […]
May 15, 2020

Lockheed Martin to pay $300 million more to suppliers hit by coronavirus

U.S. weapons maker Lockheed Martin Corp said on Friday it would pay an additional $300 million to its suppliers hurt by a sharp economic slowdown caused […]
May 15, 2020

Fiat Chrysler in talks over 6.3 billion euro state-guaranteed loan: source

Fiat Chrysler is in talks with Italian lender Intesa Sanpaolo over a 6.3 billion euro ($6.8 billion) state-guaranteed loan to help the automaker weather the coronavirus […]
May 15, 2020

Wall Street retreats as trade war fears compound virus woes

U.S. stocks dropped on Friday as signs of deteriorating trade relations between the United States and China added to economic worries due to the novel coronavirus […]
May 15, 2020

U.S. stock market falls on plunging retail sales; oil up

U.S. stocks sank on Friday after data showed a worse-than-expected drop in retail sales and as investors worried about increased Sino-U.S. trade hostilities, while signs of […]
May 15, 2020

Exclusive: Virgin Atlantic won’t restart flights until August if UK introduces quarantine – source

Virgin Atlantic will not be able to resume passenger flights until August at the earliest if Britain introduces a 14 day quarantine for travellers, according to […]
May 15, 2020

Belgium tells Lufthansa state aid possible if conditions met

The Belgian government said on Friday it was committed to reaching a deal with Lufthansa to save its Belgian subsidiary Brussels Airlines if the future of […]
May 15, 2020

Coronavirus sinks U.S. retail sales again in April

U.S. retail sales endured a second straight month of record declines in April as the novel coronavirus pandemic kept Americans at home, putting the economy on […]
May 15, 2020

U.S. employers wary of coronavirus ‘immunity’ tests as they move to reopen

U.S. employers have cooled to the idea of testing workers for possible immunity to the coronavirus as they prepare to reopen factories and other workplaces. Powered […]
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