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Korean Air CEO’s mother, younger sister back him amid family feud
SEOUL (Reuters) – Korean Air <003490.KS> CEO Cho Won-tae’s mother and younger sister said on Tuesday they support the flag carrier’s current leadership headed by Cho. The expression of support, which was made in a statement, comes amid a family feud between Cho and another sister ahead of a shareholders’ meeting in March. Cho’s older […]
Avolon cancels order for 75 Boeing MAX jets, 4 Airbus A330neo
By Conor Humphries DUBLIN (Reuters) – Aircraft lessor Avolon on Friday announced the cancellation of an order for 75 Boeing <BA.N> 737 MAX planes that were due to be delivered by 2023, saying it was adjusting its order book to the disruption caused by the coronavirus pandemic. Boeing confirmed the cancellation, which it said was […]
UK mortgage approvals hit almost three-year high in November: UK Finance
LONDON (Reuters) – The number of mortgages approved by British banks rose in November to the highest in nearly three years, industry data showed on Monday, adding to signs of stabilization in the housing market. Banks approved 43,715 mortgages in November, up from 41,312 in October and the highest total since January 2017, seasonally-adjusted data […]