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☆ I moved from the US to Ireland. Here are 11 things that surprised me most.
▼ + stars: | 2024-02-21 | by ( Alexis Mcsparren | ) www.businessinsider.com time to read: +11 min

Read on for some of the things that surprised me when I first got to Ireland. I thought a lot of the phrases in Ireland would be similar to what I heard in the UK. But I knew I finally adapted to the language when I found the words "thanks a million" (or "thanks a mil") and "bye bye bye … bye bye bye bye" after any phone call slipping off my tongue. Although it's been an adjustment, unpredictability is what makes Ireland feel like things are still run by people, not by algorithms and advancement. But my alcohol consumption has definitely increased since living in Ireland because socializing here often happens exclusively at the pub.

Persons: —, it's, Alexis McSparren, I've, I, I'm, there's, Alexis McSparren Small, There's, Alexis McSparren Leprechauns, Harry Potter, Tinker Bell, King Puck, Queen Puck, King Puck's, he's Organizations: Service, Business, Guardians, RyanAir, Hollywood Locations: England, Ireland, Republic of Ireland, Indiana, Moher, County Clare, County Meath, County Kerry, Dublin, Europe, Killorglin

☆ United Airlines is 'deeply disappointed' in Boeing over delays to new plane deliveries, as another major customer warns it needs to get its 'act together'
▼ + stars: | 2024-02-21 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. United Airlines is "deeply disappointed" in Boeing, its chief financial officer, Mike Leskinen, said during a Tuesday conference, Reuters reported. This story is available exclusively to Business Insider subscribers. "The [Boeing] management team in Seattle don't appear to have a grip on the situation at the moment," the Ryanair boss told Reuters. Boeing did not immediately respond to a request for comment from Business Insider, sent outside US working hours.

Persons: —, Mike Leskinen, Scott Kirby, Leskinen, Kirby, Max, Pete Syme, Michael O'Leary, O'Leary Organizations: Service, Boeing, United Airlines, Reuters, Business, CNBC, Citi, Airbus, Kirby, Ryanair, Federal Aviation Administration, Alaska Airlines, FAA Locations: Toulouse, France, Seattle

☆ Airlines cancel more than 1,100 flights as Nor'easter winter storm strikes
▼ + stars: | 2024-02-13 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

More than 1,000 flights have been canceled as a winter storm hits the Northeast. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAir passengers are facing severe disruption on Tuesday as the Northeast is hit by a strong winter storm. More than 1,100 flights have been canceled across the US as of 7:30 a.m. AdvertisementIf your flight is canceled then you're entitled to a full refund, but there isn't always compensation for delays.

Persons: —, It's, isn't Organizations: Service, New York Times, National Weather Service, JetBlue, Republic Airways, American, FAA, Ireland, Ryanair Locations: Boston, New York City, Southwest, Paris, Dublin, France, Indiana

☆ An airline apologized for accusing a man of disrupting a flight he wasn't even on — and snitching to his boss
▼ + stars: | 2024-02-08 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

Ryanair said it "mistakenly identified" a man as disrupting a flight he wasn't on. The airline reportedly wrote to Eoin Michael Cahill's boss and put him on a no-fly list. AdvertisementRyanair has apologized in court to a man it accused of misbehaving on a flight he never boarded, according to Irish newspaper The Journal. The court heard that the following day, Cahill's boss received an email from Ryanair saying he had been "disruptive" on the flight, The Journal reported. The airline also said it would write a letter to Cahill's employers, saying its accusations were "fully withdrawn," per The Journal.

Persons: Eoin Michael Cahill's, —, Eoin Michael Cahill, Cahill, Cahill's Organizations: Ryanair, Service, Irish, Irish Independent, Irish High Court, Business Locations: Dublin, Copenhagen, Ireland, Denmark

☆ The Boeing 737 Max blowout has sparked a rare wave of public criticism from airline CEOs and the FAA, with harsh words flying about its quality control
▼ + stars: | 2024-02-06 | by ( Pete Syme | ) www.businessinsider.com time to read: +7 min

Airline CEOs have criticized Boeing in the wake of the Alaska Airlines blowout. AdvertisementThe Alaska Airlines blowout in January has subjected Boeing to a torrent of criticism from airline executives. AdvertisementFrom Boeing's biggest customer to regulators' strong words, the incident has sparked a wave of public criticism, a rarity in the aviation sector. AdvertisementAs the FAA increased its oversight of Boeing's production line, Administrator Mike Whitaker said: "The quality-assurance issues we have seen are unacceptable." Pete Buttigieg, the transportation secretary, backed the FAA's actions, saying it "is holding Boeing accountable for its production quality problems."

Persons: —, Stan Deal, Scott Kirby, United Airlines Scott Kirby, Brian Snyder United, didn't, Max, Kirby, Ben Minicucci, Minicucci, Michael O'Leary, Ryanair Michael O'Leary, Yves Herman Ireland, O'Leary, Dave Calhoun, Tim Clark, they've, Clark, Mike Whitaker, Pete Buttigieg, Win McNamee, Donald Trump, Whitaker Organizations: Boeing, Alaska Airlines, FAA, Service, Street Journal, Airplanes, United Airlines, REUTERS, CNBC, NBC, Ryanair, Financial Times, Airbus, Emirates, Transportation, Max, Federal Aviation Administration Locations: Alaska

☆ Boeing is in the ‘last chance saloon,’ says Emirates head Tim Clark
▼ + stars: | 2024-02-05 | by ( Hanna Ziady | ) edition.cnn.com time to read: +3 min

London CNN —Tim Clark, the president of Emirates, has joined a chorus of airline executives in warning that Boeing is running out of time to restore its reputation following a series of safety and manufacturing blunders. I’m sure Dave Calhoun and Stan Deal are on that,” he added, referring to Boeing’s CEO and head of commercial airplanes respectively. Clark isn’t the first airline boss to criticize Boeing since part of the fuselage of a 737 Max 9 blew out mid-flight in early January. Clark said that for the first time Emirates would send its own engineers to observe the production process of the 777 at Boeing and its supplier Spirit AeroSystems. “The fact that we’re having to do that is testament to what has happened,” he told the Financial Times.

Persons: Tim Clark, Clark, “ They’ve, Dave Calhoun, Stan Deal, Clark isn’t, Scott Kirby, ”, “ Will, Will, they’ve, Calhoun’s, that’s, —, Michael O’Leary, Brian West Organizations: London CNN, Emirates, Boeing, Financial, ” Emirates, CNBC, Alaska Airlines, Financial Times, “ Will Boeing, Will Boeing, CNN, Ryanair — Europe’s Locations: Alaska, Dubai, Indonesia, Ethiopia, Calhoun

☆ Ryanair is buying up houses near its Dublin HQ to rent out to cabin crew while the city battles a severe housing crisis
▼ + stars: | 2024-02-02 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewEurope's biggest airline is buying up houses near its Dublin headquarters to rent out to new cabin crew, Ryanair said in a statement shared with Business Insider. This story is available exclusively to Business Insider subscribers. The move came as the capital faces a severe housing crisis that has left many unable to afford homes. "This accommodation, which is located one bus stop from Dublin Airport, will be rented at affordable rates to Ryanair cabin crew during their first year of employment," it added.

Persons: —, Ann Graves, Michael O'Leary, Ryanair's Organizations: Service, Ryanair, Business, world's, Irish, Post, Dublin Airport Locations: Dublin

☆ European stocks set to slip after notching two-year high; Fed and BoE meetings ahead
▼ + stars: | 2024-01-29 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

European stock markets are heading for a lower start to the week as investors prepare for a slew of earnings, data and central bank announcements. The regional Stoxx 600 climbed 3.1% last week, closing at its highest level since January 2022, according to LSEG data. Gains came amid some positive fourth-quarter company results, and as the market ramped up bets that the European Central Bank will begin cutting interest rates in April. It is a big week for earnings, with Big Tech's Microsoft, Apple, Meta, Amazon and Alphabet all set to report. In Asia-Pacific, markets traded mixed with all attention on Hong Kong's High Court ordering the liquidation of Chinese property developer Evergrande.

Organizations: European Central Bank, ECB, U.S . Federal, Bank of England, Big, Microsoft, Apple, Philips, Ryanair, Hong Locations: Europe, Asia, Pacific, Hong Kong's

☆ Europe's biggest airline said it will happily take United's 737 Max jets if the US airline doesn't want them
▼ + stars: | 2024-01-29 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewEurope's biggest airline is defending Boeing as the American manufacturer deals with the fallout from the Alaska Airlines blowout. Boeing has faced renewed scrutiny since a 737 Max 9 jet operated by Alaska Airlines lost its door plug in midair on January 5. "If United Airlines wants to delay or cancel any of their Max orders, Ryanair will be very happy to take them," he added. AdvertisementThe ultra-low-cost carrier currently has 300 Max 10 jets on order, compared to United's 150.

Persons: —, Michael O'Leary, Dave Calhoun, Brian West, " O'Leary, Scott Kirby, O'Leary, Kirby, Ryanair's O'Leary, who's, Max, he'd Organizations: Service, Boeing, Alaska Airlines, Business, Ryanair, United Airlines —, CNBC, Kirby, United Airlines Locations: American

☆ Ryanair trims annual profit forecast after travel agents halt sales
▼ + stars: | 2024-01-29 | by ( ) www.cnbc.com time to read: +2 min

Ryanair on Monday trimmed its profit forecast for the year to the end of March after some online travel agents suddenly stopped selling its flights in December, forcing it to cut fares to fill seats as costs per passenger inched up. The airline, Europe's largest by passenger numbers, forecast an after-tax profit of between 1.85 billion and 1.95 billion euros ($2 billion to $2.1 billion) for its financial year to March 31. That is down from its November forecast of 1.85 billion and 2.05 billion euros, but would still beat its previous record of 1.45 billion euros in 2018. Net profit for the three months to the end of December, the third quarter of its financial year, was 15 million euros, significantly lower than the 49 million euros expected by analysts polled by the company. The fallout from the travel agents' move is beginning to "fizzle out," Sorahan said, with several agents approaching the airline to secure new, more transparent deals.

Persons: Neil Sorahan, Sorahan, Michael O'Leary, O'Leary Organizations: Ryanair Holdings, Stansted Airport, Manchester Airport Plc, Ryanair, Boeing Locations: Stansted

☆ Ryanair Group CFO on fiscal Q3 earnings, Boeing's safety concerns and travel outlook
▼ + stars: | 2024-01-29 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRyanair Group CFO on fiscal Q3 earnings, Boeing's safety concerns and travel outlookRyanair Group CFO Neil Sorahan joins 'Squawk Box' to discuss the company's quarterly earnings results, Boeing's safety concerns, state of air travel, 2024 outlook, and more.

Persons: Neil Sorahan Organizations: Ryanair

☆ Ryanair CEO has ‘a lot of confidence’ in Boeing chief David Calhoun
▼ + stars: | 2024-01-29 | by ( Hanna Ziady | ) edition.cnn.com time to read: +4 min

“I have a lot of confidence both personally and professionally in David Calhoun and in Brian West,” Ryanair’s Michael O’Leary said Monday, referring to Boeing’s CEO and chief financial officer respectively. Calhoun — who was appointed to the top job in January 2020 as Boeing was already struggling with quality and safety issues — will unveil the planemaker’s full-year results Wednesday. Ryanair CEO Michael O'Leary, left, voiced strong support for Boeing CEO David Calhoun Monday. Partly because of this, Ryanair expects full-year profit for the current financial year to be at the lower end of a range of €1.85 billion-€1.95 billion ($2 billion-$2.1 billion) — trimming a November forecast of up to €2.05 billion ($2.2 billion). That would still be up from its previous record of €1.45 billion ($1.6 billion) earned in 2018, before the Covid-19 pandemic.

Persons: ”, David Calhoun, Brian West, Michael O’Leary, “, Calhoun —, Dennis Muilenberg, Calhoun, Michael O'Leary, Scott Kirby, Kirby, Max, ” O’Leary, we’ll, O’Leary, ” — Organizations: London CNN, Boeing, Ryanair, Lauda, United, Max, Alaska Airlines, US Federal Aviation Administration, CNBC, United Airlines, Reuters, Airbus Locations: US, Austrian, Alaska, American, Toulouse, United Kingdom, Kiwi.com, Europe

☆ Why airlines plug up emergency exits
▼ + stars: | 2024-01-25 | by ( Amy Fraher | ) edition.cnn.com time to read: +6 min

However, as a former United Airlines pilot now lecturing in Yale University’s School of Management, I believe the wrong questions are being asked about what happened on Alaska Airlines Flight 1282. The question we need to ask is: Why wouldn’t an airline use all of an aircraft’s emergency exits? Others, such as emergency exits, are more opaque to travelers. NTSB/Handout/ReutersWhy you get more emergency exits in IndonesiaIn the US, airlines must comply with federal aviation regulations, which dictate aircraft maintenance procedures and in-flight personnel assignments – and minimum standards for emergency exits. That’s precisely what happened with Alaska Airlines Flight 1282 – and how “door plug” suddenly entered the American vernacular.

Persons: –, Amy Fraher Organizations: CNN, Boeing, Federal Aviation Administration, Alaska Airlines, United Airlines, Yale University’s School of Management, National Transportation Safety, Transportation Safety Board, NTSB, Alaska Airlines Max, FAA, Southwest Airlines, Ryanair, United, Yale University Locations: Alaska, Portland , Oregon, Indonesia, Jakarta, United States, Ireland, U.S, American, Southwest

☆ Passengers wake up in the ‘wrong’ country as Storm Isha plays havoc with flight plans
▼ + stars: | 2024-01-22 | by ( Julia Buckley | ) edition.cnn.com time to read: +8 min

CNN —Thousands of airline passengers across Europe woke up this morning at the wrong destination – and even in the wrong country – after Storm Isha caused havoc with flights, with dozens of cancelations, diversions and go-arounds in western Europe. Quintupling flight timesThis flight from Shannon to Edinburgh ended up in Cologne. There were over 100 go-arounds at UK airports, according to NATS, the UK’s air traffic control operator. “We did see some diverted flights leaving Manchester and some diverted to Manchester because of conditions at other airports, particularly Dublin,” they said. London’s Gatwick airport saw 22 diversions, but was able to take five flights diverted from other airports, according to a spokesperson for the airport.

Persons: Storm Isha, Kevin Cullinane, FlightRadar, “ Isha, Steve Fox, “, ”, –, Jerry Dyer, – Dyer, Isha, Jerry, Big Organizations: CNN, Ryanair, Dublin Airport, FlightRadar, Paris Beauvais, Belfast, Dublin, Lufthansa, Cork, NATS, Gatwick, Stansted, Big Jet, Heathrow, Birmingham Airport, London Locations: Europe, Ireland, Dublin, daa, ’, Lanzarote, Canary, Bordeaux, France, Shannon, Edinburgh, Cologne, Manchester, Paris, What’s, Glasgow, Liverpool –, Belfast, Liverpool, Scotland, Germany, Munich, England, Deauville, Stansted, London, Antalya, Turkey, Lyon, Budapest, Cork, Mexico City

☆ Passengers flying less than 200 miles from England to Ireland were diverted to Paris due to a storm — with another flight ending up 640 miles from its destination
▼ + stars: | 2024-01-22 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

It has prompted some bizarre diversions, including a flight to Dublin, Ireland, which ended up in Paris. One Ryanair flight between Ireland and Scotland landed in Cologne, Germany, 540 miles away. AdvertisementThere was a similar situation for a Ryanair flight from Dublin to Edinburgh, about 200 miles apart. But nobody appeared to end up further away from their destination or origin than passengers on Ryanair Flight 5911. It reached Dublin after taking off from the Canary Islands, but diverted 640 miles away to Bordeaux in southern France.

Persons: Isha, —, Nicola Bardon Organizations: Ryanair, Scotland, Service, Ireland, Irish Sun, Dublin, Europe's Locations: Ireland, Dublin, Paris, Cologne, Germany, Manchester, England, Paris —, Edinburgh, Canary, Bordeaux, France, New York City, Indiana, Copenhagen, Denmark, Liverpool, Flightradar24

☆ Air Traffic Climbs at Israel's Tel Aviv Airport in 2023 but War Weighs
▼ + stars: | 2024-01-21 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +2 min

By Steven ScheerJERUSALEM (Reuters) - Air travel to and from Israel plunged in the last three months of 2023 amid the Israel-Hamas conflict, but the number of passengers travelling through Ben Gurion International Airport near Tel Aviv still rose 10% in 2023. The number of international travellers reached 21.1 million in 2023, up from 19.2 million in 2022, the Israel Airports Authority (IAA) said in a report on Sunday. But since then, traffic has plunged, culminating in a 78% drop in November and 71% dive in December, the IAA said. Ryanair was third with a 5.4% share, although its number of passengers dipped 12% in 2023. In 2023, 3 million tourists visited Israel, up from 2.7 million in 2022.

Persons: Steven Scheer JERUSALEM, Ben Gurion, Oz, Israel . Bar Oz, Steven Scheer, Bernadette Baum Organizations: Ben Gurion, Israel Airports Authority, Palestinian, Hamas, IAA, Al Israel Airlines, Ryanair, Israel ., Airlines, Lufthansa, Swiss, Tel Aviv . Air France Locations: Israel, Tel Aviv, Gaza, El Al, United States, York's JFK, France, Britain, Austrian, Aegean

☆ The CEO of Europe's busiest airline says he's had long-running issues with Boeing's quality control, including finding a stray wrench under a plane's floor
▼ + stars: | 2024-01-17 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Ryanair CEO Michael O'Leary said the airline has complained to Boeing about quality-control problems. But O'Leary also said he had the "utmost confidence'" in Boeing CEO Dave Calhoun. AdvertisementHe added that during the 48-hour checks carried out on the planes when delivered to Ryanair, a wrench was discovered under the floor of one aircraft. Despite these problems, O'Leary backed Boeing CEO Dave Calhoun, saying he has "utmost confidence" in him and the chief financial officer, per The Independent. AdvertisementThe BBC reported that Boeing asked Ryanair to send extra engineers to its factory to oversee quality checks.

Persons: Michael O'Leary, O'Leary, Dave Calhoun, —, hasn't, Max Organizations: Boeing, Service, Ryanair, Alaska Airlines, United Airlines, National Transportation Safety, BBC

☆ Boeing's quality control process and company culture are being heavily scrutinized after the 737 Max Flight 1282 blowout
▼ + stars: | 2024-01-13 | by ( Pete Syme | ) www.businessinsider.com time to read: +9 min

Read previewAn Alaska Airlines Boeing 737 Max 9 had 177 people on board on January 5 when part of the fuselage was blown off. After the Federal Aviation Administration grounded all 737 Max 9 planes with door plugs, United Airlines and Alaska Airlines discovered loose hardware on several. Why the 737 Max was grounded in 2019Competition between Airbus and Boeing played a role in the twin 737 Max crashes that killed almost 350 people in 2018 and 2019. The Alaska Airlines blowout will likely renew scrutiny of Boeing's deal with the department, which demanded new compliance procedures. A Boeing 737 Max 10 at the Paris Air Show.

Persons: —, Max, It's, Michael O'Leary, Tim Clark, Dennis, Win McNamee, Bob Clifford, people's, could've, Clifford, David P, Burns, AeroSystems, McDonnell Douglas, MBAs, Harry Stonecipher, Stonecipher, PIERRE VERDY, Dave Calhoun, who's Organizations: Service, Alaska Airlines Boeing, Max, Portland International, Business, Federal Aviation Administration, United Airlines, Alaska Airlines, FAA, Boeing, National Transportation Safety, NTSB, Reuters, Airbus, Ryanair, Financial, Emirates, Bloomberg, New York Times, Lion Air, Ethiopian Airlines, Ethiopian, Pilots, MCAS, The Justice Department, McDonnell, Seattle Times, Paris Air, Getty, CNBC Locations: Kansas, Alaska

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe business behind budget airlines like Ryanair and SpiritThe low-cost business model was first implemented by Pacific Southwest Airlines in 1949 and perfected by Southwest Airlines in the early 1970s. Today, low-cost carriers like Ryanair in Europe and Spirit Airlines in the U.S. make up almost a third of all global airline capacity. These airlines use several strategies to keep costs down including limiting their amenities to the bare minimum and charge for add-ons such as seat selection, food and luggage.

Organizations: Ryanair, Pacific Southwest Airlines, Southwest Airlines, Spirit Airlines Locations: Europe, U.S

☆ Budget airlines like Spirit and Ryanair make up almost a third of global airline capacity. Here's how they do business
▼ + stars: | 2023-12-20 | by ( Magdalena Petrova | ) www.cnbc.com time to read: +3 min

Budget airlines have become common, making a no-frills experience for travelers a core part of their business models. Budget airlines in Europe include EasyJet , Ryanair and Wizz Air, while Asia is served by players such as AirAsia and IndiGo . Some of South America's low budget airlines include JetSmart, GOL and Wingo. Budget airlines try to keep a close eye on their operational costs by maximizing time spent in the air and passenger volume. "You typically see pilot pay a little bit lower on Spirit and Frontier and some of the budget airlines compared to the full service airlines," Keyes said.

Persons: Scott Keyes, Savanthi Syth, Raymond James, Keyes Organizations: Southwest Airlines, Spirit Airlines, Budget, EasyJet, Ryanair, Wizz, AirAsia, IndiGo, CNBC Locations: U.S, Europe, Asia, GOL, Wingo

The Tesla (TSLA.O) CEO told advertisers who have fled his social media platform X over antisemitic content to "Go fuck yourself!" Several business communications analysts said they couldn't remember a similar case of an executive publicly cursing at their customers. Musk, Tesla and X did not respond to requests for comment. Musk apologized for it and then cursed and dismissed the concerns of the advertisers fleeing the platform. Cappelli said Musk wishes to see himself as a rock star, not a business leader who needs to take account of many constituencies.

Persons: Elon Musk, Porte, Gonzalo Fuentes, It's, Andy Challenger, Challenger, Michael O'Leary, Jim Hagedorn, Sam Zell, Musk, Yehuda Baruch, Baruch, Peter Cappelli, Cappelli, Ross Kerber, Lisa Shumaker Organizations: SpaceX, Tesla, Twitter, Viva Technology, Porte de, REUTERS, Ryanair, Boeing, Scotts Miracle, University of Southampton, University of Pennsylvania's Wharton School, Thomson Locations: Paris, France

☆ He wanted to be a trombone player. Instead, he ended up as CEO of one of the world's biggest airlines.
▼ + stars: | 2023-11-26 | by ( Chris Johnston | ) www.businessinsider.com time to read: +8 min

He's been CEO of European airline easyJet for the past six years. AdvertisementIn a parallel universe, Johan Lundgren would have become a professional musician and never ended up as CEO of one of the world's biggest airlines. "I like people, and I like travel," Lundgren tells Business Insider in a faint Swedish accent during an interview in central London. He spent many years at TUI, one of Europe's biggest travel companies, rising to deputy CEO by the time he left in 2015. AdvertisementIt's the UK's biggest airline and is first or second in many other markets too.

Persons: Johan Lundgren, He's, Lundgren, —, Swede, easyJet, Charles de Gaulle, Charles de, It's, I've, didn't, Bob Jordan, EasyJet, Stelios Stelios Haji, he's, that's, Michael O'Leary, Filipo Monteforte, Ryanair's Michael O'Leary, O'Leary Organizations: easyJet, Service, Royal College of Music, Soviet Union, SAS, Southwest Airlines, Ryanair, British Airways, London Gatwick, Southwest, UK's, Airbus, Getty Locations: Britain, London, Stockholm, Leningrad, Russia, Soviet Union, Soviet, TUI, Majorca, Europe, Charles, Paris, Charles de Gaulle, easyJet, Ukraine, Sweden, Canada, Toronto, AFP

☆ The FAA has given Boeing the green light to start certification test flights of its long-awaited 737 MAX 10
▼ + stars: | 2023-11-24 | by ( Taylor Rains | ) www.businessinsider.com time to read: +4 min

The FAA gave Boeing the green light to start certification flight testing of its 737 MAX 10. The variant is expected to enter service in 2024 after years of production delays. The 737 MAX 10 will rival Airbus' best-selling A321neo praised for its capacity and efficiency. The 737 MAX 10 is one of Boeing's two MAX variants — the other being the MAX 7 — not yet certified to fly. Both the MAX 8 and 9 were officially ungrounded in November 2020, and Boeing expected its 737 MAX 10 to enter service in 2022.

Persons: —, Boeing's, Mike Fleming, Ed Clark, Wayne Tygert Organizations: FAA, Boeing, Airbus, Service, Business, Federal Aviation Administration, Seattle Times, United Airlines, Delta Air Lines, Ryanair, Air Locations: Air India

☆ Airlines are feeling the impact of the Israel-Hamas war, with bookings already hit
▼ + stars: | 2023-11-14 | by ( Natasha Turak | ) www.cnbc.com time to read: +2 min

DUBAI, United Arab Emirates — Airlines have seen a drop in bookings in the weeks following the start of Israel's war against Hamas in the Gaza Strip, and some expect it to cut into their future profits. Israel's aerial bombing campaign and subsequent ground offensive in Gaza has killed more than 11,000 people, according to health authorities there. In the days following the attack, major airlines suspended or reduced flights to Israel's Ben Gurion Airport in Tel Aviv. In the three week period after Oct. 7, by contrast, ticket issuance from the Middle East was 12% lower than 2019 levels, marking a difference of 9 percentage points. ForwardKeys draws its data from the International Air Transport Association's industry-wide ticketing database which includes major international carriers, but does not include budget airlines like easyJet or Ryanair .

Persons: Israel's, Ben Organizations: Etihad Airways Boeing, United Arab Emirates, United Arab Emirates — Airlines, Hamas, International Air Transport, Ryanair Locations: UAE, Israel's Ben Gurion, Tel Aviv, Abu Dhabi, DUBAI, United Arab, Gaza, Palestinian, Israel, Ben Gurion, East, Americas, Saudi Arabia, Jordan, Lebanon

☆ Morning Bid: Rates buzz sustained before Fed loan data
▼ + stars: | 2023-11-06 | by ( ) www.reuters.com time to read: +5 min

A street sign for Wall Street is seen in the financial district in New York, U.S., November 8, 2021. Ten-year U.S. Treasury yields have fallen about 50bps from October's peaks and the drop last week was the biggest recoil since March. For now, S&P500 futures are pointing to further slight gains on Monday - which if realized on the cash market later would make for the sixth straight gain and the longest daily run since June. Undermined by the retreat in Treasury yields, the dollar (.DXY) slipped back to the lowest since Sept 20. The backdrop of an easier dollar and Treasury yields provides significant relief for emerging markets, with MSCI's emerging market stock index (.MSCIEF) hitting its highest since Sept 20 too.

Persons: Brendan McDermid, Mike Dolan, Jerome Powell, underscoring, Janet Yellen, Lisa Cook, Huw Pill, Bernadette Organizations: Wall, REUTERS, Federal Reserve, Treasury, U.S, Pacific Rim, South, Ryanair, Europe's, Goodyear Tire &, Aspen, Conterra Energy, Constellation Energy, Diamondback Energy, Vertex Pharmaceuticals, NXP Semiconductors, Bank of England, Reuters, Reuters Graphics Reuters, Thomson Locations: New York, U.S, Gaza, China, Western, San Francisco, South Korean, Asia, Europe, Telesat

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