Business

U.S. airline stocks fall as new COVID-19 strain fuels travel ban fears

FILE PHOTO: A Delta Air Lines Airbus A350-900 plane takes off from Sydney Airport in Sydney, Australia, October 28, 2020. REUTERS/Loren Elliott(Reuters) – Shares of U.S. airlines tumbled in premarket trading on Monday as a new fast-spreading COVID-19 strain in Britain renewed fears of widespread travel bans, with many countries barring flights from the United […]

Business

Airbus says delivered 64 aircraft in November

PARIS (Reuters) – Airbus delivered 64 aircraft in November, bringing the total so far this year to 477, the planemaker said on Monday.FILE PHOTO: An Asiana Airlines Airbus A350-900 is seen at the Airbus delivery center in Colomiers near Toulouse, France, March 20, 2019. REUTERS/Regis Duvignau/File PhotoDeliveries included 7 wide-body A350 jets and 56 single-aisle […]

Business

France nears 1-billion-euro crisis fund for aero suppliers: sources

PARIS (Reuters) – French government and industry officials are negotiating a 1-billion-euro, privately led investment fund for small aerospace suppliers in which major manufacturers could invest 200 million euros, people familiar with the proposals said on Wednesday. The scheme mirrors government-backed plans in France to help the automobile sector and comes as the aerospace industry […]