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☆ Airbus delivers first extra-long-range Airbus A321 as smaller jets fly farther
▼ + stars: | 2024-10-30 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

An Airbus A321XLR Neo passenger aircraft performs a flying display at the Paris Air Show in Le Bourget, Paris, France, on Monday, June 19, 2023. Airbus said Wednesday that it has handed over its first extra-long-range narrow-body aircraft, the A321XLR, marking another step in an era of smaller and more fuel-efficient jets flying longer distances, and further expanding a delivery gap between Airbus and rival Boeing . The first aircraft was delivered to Spain's Iberia, which plans to debut it between Madrid and Boston next month. American Airlines and United Airlines have also ordered the 321XLRs. The plane maker has been working on getting the aircraft certified for five years.

Organizations: Airbus, Paris Air, Boeing, American Airlines and United Airlines, JetBlue Locations: Le Bourget, Paris, France, Iberia, Madrid, Boston, New York, Amsterdam

☆ JetBlue's full-year revenue forecast misses estimates, shares fall
▼ + stars: | 2024-10-29 | by ( ) www.cnbc.com time to read: +2 min

JetBlue Airways forecast a bigger-than-expected fall in 2024 revenue amid a moderation in domestic travel demand ahead of the upcoming U.S. elections, sending its shares down 4.5% before the bell on Tuesday. Election-related uncertainty is expected to weigh on travel demand as consumers prefer to be home and hold off on major discretionary spending. The New York-based carrier expects its 2024 revenue to fall between 4% and 5%, compared with analysts' average expectation of a 3.6% fall, according to data compiled by LSEG. JetBlue, however, managed to report a smaller-than-expected third-quarter loss on Tuesday, owing to improved demand and pricing in the quarter. The airline reported an adjusted loss of 16 cents per share, compared with estimates of a 25 cents loss.

Persons: Milton, LSEG Organizations: Jet Blue, Airbus, JFK International, JetBlue Airways, JetBlue, Pratt, Spirit Airlines Locations: New York, Florida, The New York, U.S

☆ UK far-right activist Tommy Robinson jailed for 18 months
▼ + stars: | 2024-10-28 | by ( Lauren Kent | ) edition.cnn.com time to read: +2 min

London CNN —British far-right political activist Tommy Robinson has been jailed for 18 months after he admitted to being in contempt of court by repeating false accusations about a Syrian refugee, according to court documents. Robinson, whose real name is Stephen Yaxley-Lennon, admitted on Monday to breaching UK court rules 10 times. Robinson, the founder of the now-defunct anti-immigration English Defence League (EDL), was accused of repeating false allegations that caused him to lose a libel suit in 2021. The initial libel case related to Robinson making false accusations against a Syrian schoolboy who was attacked in an incident shared widely on social media. Court artist drawing of political activist Tommy Robinson (right), whose real name is Stephen Yaxley-Lennon, appearing at London's Woolwich Crown Court on Monday.

Persons: Tommy Robinson, Robinson, Stephen Yaxley, Lennon, Syria –, Elizabeth Cook, Justice Johnson, ” Organizations: London CNN, English Defence League, Crown Locations: British, Syria, Huddersfield, England, London’s

☆ I saw how New York's biggest airport wants to build a 5-star terminal. I'd actually look forward to flying through.
▼ + stars: | 2024-10-26 | by ( Taylor Rains | ) www.businessinsider.com time to read: +7 min

AdvertisementJohn F. Kennedy International Airport broke ground on a new Terminal One in September 2022. A private consortium is investing $9.5 billion to modernize the new terminal, focusing on safety, efficiency, and the customer experience. New Terminal OneDevelopers hope the future state-of-the-art terminal will become a Skytrax five-star airport terminal — a feat no US airport had achieved until New York's LaGuardia Airport finally ditched its infamous "LaGarbage" nickname with a new and improved Terminal B in 2023. This includes facial recognition boarding, AI-powered gate systems, and air traffic technology to reduce the chance of near misses. If the technology works as promised, I'd look forward to flying through.

Persons: John F, SITA's, Taylor Rains, Taha Zahir, LaGuardia, Zahir Organizations: Kennedy International Airport, Port Authority of New, JFK, Phillippines Airlines, Air, New, Department of Transportation, Business, JFK's, BI, British Airways, Flyers, TSA, Changi Airport, Korean, ADB Locations: York, Port Authority of New York, North America, Air France, Long, London, Changi, NYC's, LaGuardia, Los Angeles

☆ Spirit Airlines is selling planes worth $500 million and cutting staff as it fights to stay in the air
▼ + stars: | 2024-10-25 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

On Thursday, Spirit Airlines unveiled plans to cut costs and raise cash amid bankruptcy reports. Its stock rose after it said it would sell $519 million of Airbus jets and cut staff. AdvertisementSpirit Airlines' woes are growing more apparent as it works to raise cash by selling planes and cutting staff. AdvertisementIn a Thursday regulatory filing, Spirit said that it had agreed to sell 23 Airbus planes to GAT Telesis — a firm that specializes in aircraft maintenance, leasing, and selling parts. The airline's stock rose around 12% in pre-market trading Friday, suggesting Spirit may have found a route to avoid bankruptcy.

Persons: —, Spirit, GAT Telesis Organizations: Spirit Airlines, Airbus, JetBlue, Service, Airlines, Street, Frontier, Pratt & Whitney, Spirit, Business Locations: Delta

☆ Startup CEO shares his plan for a radical 'blended wing' jet to rival Boeing and Airbus
▼ + stars: | 2024-10-25 | by ( Taylor Rains | ) www.businessinsider.com time to read: +7 min

A startup planemaker announced a 200-passenger "blended wing body" plane to rival Airbus and Boeing. AdvertisementAircraft manufacturer Natilus wants to build a new type of airliner to rival Airbus and Boeing as the industry demands more efficient planes. Natilus said its Horizon plane would be up to 50% more fuel efficient per passenger. Natilus joins a growing list of BWB plane developers. Airbus announced its BWB jetliner in 2020, while JetZero unveiled its "Pathfinder" widebody BWB design in April.

Persons: —, Natilus, Aleksey Matyushev, Matyushev, it's, Natilus Matyushev, JetZero Organizations: Airbus, Boeing, Service, Aircraft, Airlines, Max, SAF, Emirates Locations: California, Europe, Hawaii, Kona

☆ Does height matter in football? Yes, but not in the way you might think
▼ + stars: | 2024-10-25 | by ( Liam Tharme | ) www.nytimes.com time to read: +11 min

GO DEEPER Short centre-backs: How much does size matter in the Premier League? The decline of the small midfielder has been a league-wide trend in the Premier League in the last four years. Last season, the taller trend stopped, City’s minutes to smaller players went up and taller players back down. GO DEEPER Short centre-backs: How much does size matter in the Premier League? That tends to suit taller players, or short(er) ones who have exceptional speed, positioning and decision-making.

Persons: d’Or, Lionel Messi, Lionel Messi’s, Rich Storry, Bayer, Germain, Costel, Antonio Conte, Stefano Piolo, taka, StatsBomb, Rico Lewis, Pep Guardiola, Shaun Botterill, Guardiola, Lewis, Erling Haaland’s, Phil Foden, Bernardo Silva, Arsenal’s, David Raya, Emmanuele, Mikel Arteta, ” Arteta, Napoleon, William Saliba's, Mikel Arteta's, That's, ike Organizations: Ballon, University of Wolverhampton, Inter Milan, Bayer Leverkusen, Manchester City, Paris Saint, Leverkusen, Serie, Inter, Premier League 183.3 Manchester City, Ligue, PSG, La Liga 181.8 Real Madrid 181.3, Bundesliga, Premier League, La Liga, A, Romania, AC Milan, Spanish, Premier League ? Football, ”, Arsenal, Bournemouth, Premier League’s, Getty, 😬# Locations: U.S, England’s, Paris, Real Madrid, Germany, Spain, La, Manchester, David

☆ South and North Korea troops potentially entering Ukraine war unlikely to stoke regional conflict, analysts say
▼ + stars: | 2024-10-25 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +3 min

South and North Korea troops potentially entering the Russia-Ukraine war is unlikely to stoke a wider conflict between the two Korean countries, experts said. The U.S. on Wednesday confirmed that North Korean troops had been sent to Russia. "The messaging we are seeing is likely intended to deter the actual deployment of North Korean troops to Ukraine from Russia. But that will depend on how the North Korean troops are deployed, she added. "In such a case, South Korean troops would be shooting in self defence, thus limiting the nature of such combat encounters."

Persons: Yonhap, Yoon Seok Yeol, Liang, Nah, Naoko Aoki, Aoki, Pyongyang's Organizations: stoke, Yonhap, NBC News, CNBC, Singapore's, Rajaratnam, of International Studies, Seoul, RAND, North Locations: Korea, South, North Korea, Russia, Ukraine, South Korea, North, Moscow, Pyongyang, Seoul

☆ Spirit Airlines stock jumps 25% after struggling budget carrier said it will sell planes, cut jobs
▼ + stars: | 2024-10-25 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

Spirit Airlines baggage tags are seen near a check-in counter at the Austin-Bergstrom International Airport on April 10, 2024 in Austin, Texas. Spirit Airlines shares surged after the struggling budget carrier said it would cut jobs and sell aircraft. That sale will bring in $519 million, Spirit said in a securities filing. Earlier this week, The Wall Street Journal reported that Spirit and Frontier Airlines have revived merger discussions, sending shares higher. The two budget airlines had a merger agreement that was derailed by JetBlue 's April 2022 offer to purchase Spirit outright.

Persons: Spirit, didn't Organizations: Austin, Bergstrom International Airport, Austin , Texas . Spirit Airlines, Airbus, Pratt & Whitney, JetBlue Airways, Street Journal, Frontier Airlines, JetBlue Locations: Austin , Texas

The search for a woman who fell from a Taylor Swift-themed cruise ship in the Bahamas was suspended Wednesday, a day after she went into the water, officials said. The U.S. Coast Guard said Wednesday afternoon that the Royal Bahamas Defence Force was suspending its search pending new developments and that it no longer needed the Coast Guard's assistance. The Coast Guard said it sent an HC-144 airplane and an MH-65 Dolphin helicopter to help. A Royal Caribbean spokesperson said that a search-and-rescue operation was immediate launched and that it is working with local authorities. The trio worked with Royal Caribbean to host private events centered on Swift and her Eras Tour, according to the group's website.

Persons: Taylor Swift, Swift, Jessica Malerman, Nicole Rivera, Shelby Reyes, Marvelous, Taylor Organizations: U.S . Coast Guard, Royal Bahamas Defence Force, Royal Caribbean, Coast Guard, HC, Dolphin, Royal Locations: Bahamas, U.S, Nassau, Royal Caribbean, Miami

☆ Airlines are doubling down on premium seats. So far, it's paying off
▼ + stars: | 2024-10-24 | by ( Taylor Rains | Benjamin Zhang | ) www.businessinsider.com time to read: +4 min

Airlines are doubling down on high-margin premium cabins and even expanding them on new planes. American Airlines on Thursday reported an 8% increase in premium revenue in the third quarter compared with the prior year. Its rivals Delta Air Lines and United Airlines reported similar premium revenue growth in the quarter, at 4% and 5%. Courtesy of Delta Air LinesLeaning more into premium seats could fill that financial void. United Airlines' Polaris business class.

Persons: —, Andrew Nocella, American's, Vasu Raja, Robert Isom, haven't Organizations: United, Service, American Airlines, Delta Air Lines, United Airlines, Airlines, Suite, American Airlines Delta, Boeing, Airbus, stoke, United Airlines ' Polaris, Frontier Airlines, Spirit Airlines, Spirit, JetBlue Airways, Southwest Airlines

☆ Boeing had a tough 24 hours, but with CEO Kelly Ortberg's turnaround plan, analysts remain hopeful
▼ + stars: | 2024-10-24 | by ( Pete Syme | ) www.businessinsider.com time to read: +5 min

CEO Kelly Ortberg has vowed to turn around the company and laid out a four-point plan. CEO Kelly Ortberg vowed to "return Boeing to its former legacy" and said the company would focus on changing its culture. However, restoring the traditional defined-benefit pension plan — replaced with a 401(k) in 2014 negotiations — has been a key issue for many on the picket lines. Bank of America analysts estimated that restoring this pension plan would cost up to $400 million annually. Boeing's production has been limited as it faces supply-chain constraints and renewed scrutiny from regulators in the wake of January's Alaska Airlines blowout.

Persons: Kelly Ortberg, —, Manuel Valdes, William Blair, Peter McNally, China's, McNally, Morningstar's Nicolas Owens, Ortberg Organizations: Boeing, Service, CNBC, Wall Street, Labor, Seattle Times, Bank of America, Anderson Economic Group, AP, Alaska Airlines, Airbus Locations: Seattle, Pacific Northwest

☆ Spirit AeroSystems weighs hundreds more furloughs or layoffs if Boeing strike goes beyond Nov. 25
▼ + stars: | 2024-10-24 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

Boeing 737 fuselages on railcars at Spirit AeroSystems' factory in Wichita, Kansas, US, on Monday, July 1, 2024. Spirit AeroSystems is weighing furloughs or layoffs of hundreds more employees if the Boeing machinists' strike stretches beyond Nov. 25, a company spokesman told CNBC Thursday. Further reductions would be in addition to those furloughs, but no decision has been made, said Spirit spokesman Joe Buccino. Spirit's consideration of additional furloughs demonstrates how the lengthy strike is weighing on an already-fragile aerospace supply chain. More than 32,000 Boeing machinists in the Puget Sound area, Oregon and other locations walked off the job on Sept. 13 after turning down an earlier tentative agreement.

Persons: Boeing's machinists, Max, Joe Buccino Organizations: Boeing, CNBC, Airbus, Boeing machinists, Puget Locations: Wichita , Kansas, Seattle, Oregon

☆ Union members reject deal with Boeing, prolonging strike
▼ + stars: | 2024-10-23 | by ( Chris Isidore | ) edition.cnn.com time to read: +6 min

New York CNN —The strike by 33,000 workers at Boeing will continue after rank-and-file union members rejected an offer from the company in a vote on Wednesday and decided to remain on the picket lines instead. The membership of the International Association of Machinists voted 64% against the deal, the union announced late Wednesday. “Our members deserve more,” said Jon Holden, the president of the largest IAM local at Boeing and its chief negotiator. The offer would have raised wages for IAM members at Boeing by 35 percentage points over the four-year life of the contract, with an immediate 12% raise. Loss of pension a ‘sticking point’Among the major issues for many members was the loss of a traditional pension plan.

Persons: “, ”, Jon Holden, Holden, haven’t, Seth Seifman, Seifman, Kelly Ortberg, ” Ortberg, Max Organizations: New, New York CNN, Boeing, International Association of Machinists, IAM, Union, JPMorgan Chase, Alaska Airlines, Federal Aviation Administration, Airbus Locations: New York

☆ Boeing CEO says the company must fundamentally change as losses surge
▼ + stars: | 2024-10-23 | by ( Chris Isidore | ) edition.cnn.com time to read: +10 min

That is the Boeing unit that has been the most troubled, but the strike affected only the last two weeks of the three-month period. Boeing reported a $2.4 billion operating loss in its space and defense business, which is not affected by the strike. “First and foremost on everybody’s mind today is ending the IAM strike,” Ortberg told investors. Members of the International Association of Machinists from Boeing hold a march during an ongoing strike in Seattle, on October 15. Fortunately for Boeing, it is not likely it will be forced out of business by its current financial crisis.

Persons: Kelly Ortberg, ” Ortberg, “ We’re, We’ve, ”, …, Starliner, “, Ortberg, Seth Seifman, Seifman, David Ryder, “ We’ve, Max Organizations: New, New York CNN, Boeing, International Association of Machinists, CNBC, International, Station, NASA, SpaceX, IAM, JPMorgan Chase, Reuters, Alaska Airlines, Federal Aviation Administration, Airbus Locations: New York, ”, Seattle, Washington

☆ Elon Musk joined a video call at 38,000 feet to show off Qatar Airways' new Starlink WiFi
▼ + stars: | 2024-10-22 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Qatar Airways' first flight using Elon Musk's Starlink took off on Tuesday. The SpaceX CEO previously joined a video call with the Qatar CEO, who was on board a test flight. AdvertisementQatar Airways has launched its first flight featuring Elon Musk's Starlink internet. On a previous test flight, Musk joined a video call with Qatar Airways CEO Badr Mohammed Al-Meer. Related stories"It's only going to get better," Musk replied.

Persons: Elon Musk's Starlink, —, Elon Musk's, Musk, Badr Mohammed Al, Meer, Saad bin Ali Al, Skytrax — Organizations: Qatar Airways, Elon, SpaceX, Business, Service, Boeing, London Heathrow, Airbus, Qatar Tourism, Qatar —, Skytrax, Hawaiian Airlines, United Airlines, Air Locations: Qatar, Doha, Al, Air France

☆ Russia's frozen assets are being used by the UK for a $3 billion loan to Ukraine
▼ + stars: | 2024-10-22 | by ( ) www.businessinsider.com time to read: +2 min

The UK is using profits from Russia's frozen assets to offer a $3 billion loan to Ukraine. About $322 billion of Russian assets were frozen abroad following the invasion of Ukraine. AdvertisementThe British government is tapping Russia's frozen assets for a loan to Ukraine, with the intention of helping Kyiv secure more military and fund reconstruction costs. The loan, which amounts to £2.3 billion, or $3 billion, is being provided using profits generated from Russian assets, according to a memo on the UK government website. AdvertisementAbout $322 billion of Russian assets were frozen abroad as the West imposed sanctions to hobble the Kremlin's war machine following the invasion of Ukraine in 2022.

Persons: —, John Healey Organizations: Service, Bloomberg, UK Defence Locations: Ukraine, Kyiv, Europe

Qatar Airways Group CEO Badr Al Meer (center) and Qatar Tourism Chairman Saad bin Ali Al Kharji (left) speak with Elon Musk (right) via Starlink on board the flight. Qatar Airways launched Tuesday its inaugural Boeing 777 flight equipped with Elon Musk's Starlink internet, paving the way for a new era of in-flight connectivity across its entire fleet by next year. To demonstrate the milestone, Qatar Airways CEO Badr Al Meer held a video call with Starlink founder Musk while flying at 35,000 feet from Doha to London. Qatar Airways' move to introduce free high-speed internet across its fleet is a direct challenge to competitor airlines who typically offer lower-speed and often patchy paid services, or status-restricted wi-fi access to the flying public. Over time I think you'll find it just gets better and better," Musk said before Al Meer gave him a video tour of the cockpit.

Persons: Badr Al Meer, Saad bin Ali Al Kharji, Elon Musk, Elon Musk's, Musk, We're, Al Meer, Saad bin Ali Al, Kharji Organizations: Qatar Airways Group, Qatar Tourism, Qatar Airways, Boeing, Elon, Qatari, Airbus Locations: Qatar, Starlink, Doha, London, Qatari

☆ Moldova leader decries vote meddling after slim majority backs joining the E.U.
▼ + stars: | 2024-10-21 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +4 min

Stoianoglo has said that, if elected, he would build a “balanced” foreign policy involving ties with the EU, the United States, Russia and China. In the run-up to Sunday’s referendum, polls had shown clear majority support for joining the EU. A “yes” result means a clause will be added to the constitution defining EU accession as a goal. The EU leapt to Sandu’s defence, saying Moldova had faced “really unprecedented intimidation and foreign interference by Russia and its proxies ahead of this vote”. The tight referendum result could put Sandu in a weaker position going into the second round since she has championed EU integration.

Persons: Maia Sandu, Sandu, Alexandr Stoianoglo, Stoianoglo, Daniel Mihailescu, ”, “, Ilan Shor, Sandu’s, Shor, Valeriu Pasha, — Organizations: EU, Getty, Kremlin, Sandu, Moldovan, ”, Facebook Locations: Soviet, Russia, United States, China, Moldovan, Chisinau, AFP, Ukraine, Transdniestria, Moldova, Moscow, Sunday’s

☆ Australian lawmaker Lidia Thorpe confronts King Charles: ‘You are not my king’
▼ + stars: | 2024-10-21 | by ( Hilary Whiteman | ) edition.cnn.com time to read: +6 min

The interjection came as King Charles and Queen Camilla visited the Australian capital Canberra to meet the nation’s leaders, including Prime Minister Anthony Albanese. Australian Senator Lidia Thorpe stages a protest as Britain's King Charles and Queen Camilla attend a Parliamentary reception in Canberra, Australia on October 21, 2024. “Throughout my life, Australia’s First Nations people have done me the great honor of sharing so generously their stories and cultures,” King Charles said. Before she yelled at the King, Thorpe turned her back during a recital of “God Save the King,” Australian media reported. King Charles III and Queen Camilla take part in a tree planting at Government House in Yarralumla on October 21, 2024 in Canberra, Australia.

Persons: Australia CNN — Britain’s King Charles III, “, ”, Lidia Thorpe, King Charles, Queen Camilla, Anthony Albanese, Victoria Jones, Australia’s, ” King Charles said, King Charles III, Ngunnawal Elder, Serena Williams, Saeed Khan, Thorpe, Queen Elizabeth II, Dorinda Cox, Thorpe’s, Hephner, Brook Mitchell, Chloe Pailthorpe, Albanese, King, CNN’s Angus Watson Organizations: Australia CNN, Reuters, Nations, House, Defence, Fairbairn, Canberra Airport, British Crown, State, CNN, Greens, “, Australian Monarchist League, Getty, Agence France, Presse, Botanic, Sydney, Opera, Government Locations: Brisbane, Australia, Canberra, British, Commonwealth, Sydney, Yarralumla, AFP, Samoa

☆ A new anti-missile laser downed 100% of its targets while fighting multiple threats at once, UK defense officials say
▼ + stars: | 2024-10-21 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

The UK says a new anti-missile laser for its aircraft defeated 100% of its targets in a live test. AdvertisementThe UK Defense Ministry said on Sunday that it successfully tested a new air-defense system that tracks missiles midflight and jams them with a precision laser. A new air protection laser defeated 100% of threats during recent live-fire trials. The UK is likely to offer this new technology to its allies, with the ministry statement saying it would be available to "export customers." October 21, 2024: This story was updated to reflect a response from the UK Defense Ministry.

Persons: —, it's, It’s Organizations: Service, UK Defense Ministry, Leonardo, Thales, Royal Air Force, Business, RAF, — Ministry of Defence Locations: Sweden

☆ Tentative deal announced to end Boeing strike
▼ + stars: | 2024-10-19 | by ( Chris Isidore | ) edition.cnn.com time to read: +6 min

New York CNN —A tentative deal has been reached to end the five-week-long strike at troubled aircraft maker Boeing, the union announced to its 33,000 striking members early Saturday. Rank-and-file already nearly unanimously rejected a previous tentative agreement, precipitating the first strike at the company in 16 years. Many union members had expressed anger over the loss of the pensions. The union credited Acting Labor Secretary Julie Su with brokering the deal in indirect talks between the union and management. A week after that deal was rejected, Boeing improved its offer to 30% in wage increases over the four-year deal, terming that its best and final offer.

Persons: Kelly Ortberg, Julie Su, Su, Max Organizations: New, New York CNN, Boeing, International Association of Machinists, International Longshoremen’s Association, Gulf, Airbus, Alaska Airlines, Federal Aviation Administration Locations: New York

☆ Embraer CEO says jet maker studying possibilities for a new aircraft
▼ + stars: | 2024-10-18 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

Embraer CEO Francisco Gomes Neto speaks during the Embraer Media Day 2022 at the aircraft factory in Sao Jose dos Campos, Brazil, May 30, 2022. Brazilian plane maker Embraer SA is studying the market and new technology that could warrant it building an all-new jet, CEO Francisco Gomes Neto told CNBC. A new airplane could help the airplane manufacturer compete with much larger rivals Airbus and Boeing , which deliver hundreds of jets a year compared with Embraer's dozens of aircraft. But Gomes Neto noted that no decisions have been made yet. In the meantime, Gomes Neto said Embraer is focused on improving results and selling its regional planes, which won orders earlier this year from American Airlines , manufacturing its E2 jet and "delivering what we promise" customers.

Persons: Francisco Gomes Neto, Sao Jose dos Campos, Gomes Neto Organizations: Embraer, Embraer Media, Embraer SA, CNBC, Airbus, Boeing, American Airlines Locations: Sao Jose, Brazil, Brazilian

☆ North Korea to send thousands of troops to aid Russian forces in Ukraine war, South Korea's spy agency says
▼ + stars: | 2024-10-18 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +3 min

North Korea is set to send thousands of troops to aid Russia in the Ukraine war, South Korea's spy agency has said. South Korea's National Intelligence Service made the announcement on Friday, Yonhap news agency reported. AdvertisementNorth Korea is set to send thousands of troops to aid Russia in its war in Ukraine, South Korea's spy agency has said, per Yonhap news agency. If confirmed, it would be the North's first major involvement in a war since the Korean War in 1950-1953. Business Insider has contacted South Korea's Ministry of National Defense, NATO, and the UK Ministry of Defence for comment.

Persons: —, Volodymyr Zelenskyy, We've, Zelenskyy, Pat Ryder, Ryder, Mark Rutte Organizations: Korea's National Intelligence Service, Korean, Service, Pentagon, NATO, Business, South Korea's Ministry of National Defense, UK Ministry of Defence Locations: Korea, Russia, Ukraine, South, North Korea

☆ Boeing delays are wreaking havoc with the airline industry's plans, and flyers may well feel the pain
▼ + stars: | 2024-10-17 | by ( Pete Syme | ) www.businessinsider.com time to read: +4 min

Several airlines have criticized Boeing for delivery delays. Ryanair CEO Michael O'Leary told Reuters Wednesday that the airline is likely to cut its traffic growth expectations for next year as it predicts delivery delays. Also on Wednesday, at an Irish think tank event, the head of the world's foremost airline trade group spoke out about delivery delays. AdvertisementLast Friday, Boeing announced further delays to its 777X jet, with its first delivery pushed from 2025 to 2026. AdvertisementThe Boeing 777X was delayed again last week, leading to sharp criticism from the boss of Emirates, one of Boeing's biggest customers.

Persons: Michael O'Leary, —, O'Leary, Willie Walsh, Walsh, Tim Clark, GIUSEPPE CACACE, I've, Carsten Spohr, Spohr Organizations: Boeing, Service, Ryanair, Reuters, International Air Transport Association, Guardian, Airbus . Supply, Alaska Airlines, Emirates, Business, Getty, Lufthansa, Airlines, Europe, Financial Times, BI Locations: Irish, AFP, Emirates

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