The Way Airlines Charge for Bags Is Becoming More Complex and Expensive
Baggage fees are rising or changing at many airlines, and travelers who hyperfocus on airfare can lose out by not considering the total cost.
Anglo American last week turned down a record $39 billion takeover offer from BHP Group. Now shareholders want to know what the mining companies plan to do next. The all-share tie-up would have been the largest mining deal on record and allowed BHP to snag top-tier copper assets.
Joshua Dean, a whistle-blower at Boeing supplier Spirit AeroSystems died of a bacterial infection on Tuesday. In 2022, Dean, a quality auditor at Spirit Aero, noted incorrectly drilled holes on 737 MAX aft pressure bulkhead, part of the fuselage supplied by Spirit AeroSystems to Boeing.
The plane maker can’t deliver enough 787 Dreamliners after sanctions disrupted production of heat exchangers.
Luxury sports car maker Ferrari has unveiled two new models, the 12Cilindri and the 12Cilindri Spider, appealing to lovers of its most powerful roaring petrol engines. The two cars, showcased at an event in Miami on Thursday evening, mark Ferrari's first launches of this year, after five in 2023, as it presses ahead with a rapid roll-out of new models to keep the attention of its wealthy customers. However, Ferrari has also pledged to continue selling traditional internal combustion engine cars (ICE), also helped by a European Union decision to exempt vehicles that run on e-fuels from its planned phase-out of ICE vehicles.
Booking stock jumped in after-hours trading on a strong first quarter report from travel company Booking Holdings.
Ford reported April US sales that dipped slightly, but saw continued strength with hybrid and truck sales, highlighting the automaker’s pivot into those vehicles.
Workers on Friday began tearing down a bridge over a Connecticut highway that was damaged in a fiery crash involving a gasoline tanker truck — a project expected to extend the traffic nightmare caused by the closing of Interstate 95 through the weekend. A day after the crash, crews removed metal fencing on the span in Norwalk before two large excavators — one on each side of the highway — began demolishing the concrete parts of the structure. Gov. Ned Lamont said the plan is both sides of the highway to fully reopen by Monday morning's commute.
“It is known at Spirit that if you make too much noise and cause too much trouble, you will be moved,” Joshua Dean once told the Wall Street Journal.
Ford stock is having a good day, for a few reasons. Thursday, Citi analyst Itay Michaeli raised his Ford price target to $18 from $16 after spending time with the company. “Management conveyed a confident tone,” wrote Michaeli.
Air Canada said Thursday it changed its mind about investing in two widebody freighters and will rely on its growing passenger fleet to increase cargo capacity. The post Air Canada abandons plans for two Boeing 767 converted freighters appeared first on FreightWaves.