Donald Trump, U.S. president, told Fox News Channel’s Sean Hannity that China had agreed to purchase 200?Boeing commercial jets. This is the first time in almost a decade that China has purchased U.S. made commercial jets. Boeing shares dropped more than 4% following the?comments. The total was lower than the media reports that suggested that Boeing was close to a deal for 500 or more planes to China. The White House didn't immediately respond to an inquiry about whether Trump was referring to all Boeing orders or just narrowbody or widebody aircraft. Boeing didn't?immediately reply to a comment request. U.S....

A Chicago jury awarded $49.5 Million to the family of a woman killed in the crash of Ethiopian Airlines Boeing 737 MAX in March '2019. The jury awarded the family of Samya stumo $21 million on Wednesday for her experience during the fatal flight. They also received $16.5 million to compensate for their loss of companionship, and $12 million as compensation for their grief. This is the second verdict resulting from the fatal crash. A jury in November ordered Boeing to pay over $28 million to a family of an?United Nations environment worker who died in the 2019 crash. Boeing...

Michael O'Leary, CEO of Ryanair, said that the airline does not expect any disruptions in jet fuel supplies this summer. However its profits may be "a little bit under pressure" if oil prices continue to rise. O'Leary, the CEO of Europe's biggest airline by passenger numbers, said that he does not anticipate having to cancel any flights in this summer, but continues to reduce fares to "boost" demand, as some customers are hesitant to book holidays. "Our profits could be impacted for the next year if oil prices continue to rise," O'Leary said at a press conference on Thursday, ahead...

Middle Eastern carriers increased capacity following the Iran War, and airlines outside the Gulf have rerouted flights between Europe and Asia to avoid major hubs within the region. The latest flight information is listed below alphabetically: AEGEAN AIRLINES On May 21, Greece's largest airline will resume its flights from Heraklion to Tel Aviv, as well as Rhodes and Larnaca. Thessaloniki-Tel Aviv flights are cancelled through June 26. Flights to Beirut resumed on May 12, and flights to Riyadh, Amman and Amman will begin on May 21. Flights from Dubai to Erbil, Baghdad and Dubai have been cancelled until June 29....

According to the annual report of 'Air 'India's' 25% shareholder Singapore Airlines, Air 'India's' record loss was more than $2 billion for its fiscal year '2025-26'. India's second largest airline had been impacted by disruptions caused by the Iran War and Pakistan's ban against Indian carriers flying in its airspace. Singapore Airlines, who owns 25% of 'Air India', revealed in its annual report released on Thursday that the Indian group had suffered losses totaling 3.56 billion Singapore dollars or $2.80billion at current exchange rates for the year ending March. Singapore Airlines didn't specify the exchange rate that it used to...

Singapore Airlines reported a 57.4% drop in its full-year profit on Thursday. The airline warned that the higher fuel costs were still 'filtering through' and would be felt more in the coming year. Jet fuel prices have risen far beyond crude oil prices since the U.S. and Israel war against Iran began in late February. This has compounded cost pressures across the entire aviation industry. Singapore Airlines said that the impact of fuel prices on its group's expenditures was only partially reflected in March 2026. It said that while SIA and Scoot had raised their air fares, they could not...

All?11 passengers aboard a private plane that crashed in the sea near central Florida'survived' and were rescued by a u.s. rescuer a few hours later. Air Force Reserve Team, U.S. Coast Guard officials and Air Force officials announced on Wednesday. At a press conference held a day following the crash, Air Force Major Elizabeth Piowaty (commander of one of the aircraft that was involved in the rescue) told reporters: "It's pretty miraculous for all of those people to have survived." The plane that crashed, a twin engine turboprop with 11 adults aboard, was about 80 miles away from Melbourne, Florida....

FS is a 'leading corn ethanol 'producer' in Brazil. The agribusiness company Amaggi agreed to purchase a 40% stake, the companies said on Wednesday. This marks the agribusiness' entry into a rapidly growing industry that's gaining ground over sugarcane based biofuel. The deal, whose value wasn't disclosed, will support FS growth plans. FS operates three plants in the Mato 'Grosso area, which have a combined annual production capacity?of 2.5 billion liters of ethanol. According to the Sugarcane Industry Union (Unica), corn ethanol represented 27% of the total production in the Center South region for the harvest 2025/26. In a joint...

The U.S. and Israel war against Iran is causing financial stress for companies in Australia and New Zealand. Higher fuel prices are causing inflation, affecting consumer and business confidence and weighing on corporate earnings. Some of the companies in Australia and New Zealand have reported an impact on their business from the Middle East conflict. Air New Zealand New Zealand's Flag carrier predicted its largest annual pre-tax loss in four years two months after withdrawing their earlier 2026 forecast, as the Iran War pushed up jet oil prices, increasing costs and adding pressure from weak demand, fleet constraints, and increased...

Air New Zealand forecasts its biggest annual pre-tax losses in four years on Thursday, as the long drawn-out 'Middle East Conflict' drives up jet - fuel prices, increasing -its expenses, and adding pressure from weak demand, fleet constraints, and increased costs. The flag carrier of New Zealand forecasts its annual loss before tax of between NZ$340 and NZ$390 ($201.62-$231.27 millions), assuming an average jet fuel price per barrel of $145 in the second half. Last year, it had made a profit worth NZ$189m. The U.S. and Israel's war on Iran has caused a severe disruption in energy supply. Crude?prices have...

The Federal Aviation Administration announced Wednesday that it would'spend $16.5m to install transponders on its airport vehicles following a fatal accident in March between an Air Canada Express plane and a firetruck at New York LaGuardia Airport. The fire truck lacked a transponder which would have sent its location to the?air traffic controller. Last month, the Port Authority of New York &?New Jersey (which oversees LaGuardia Airport and other airports in the area) announced that it would add transponders on its vehicles which?operate near runways. The FAA intends to immediately start equipping its 1,900 vehicles in 264 airports with surface...

After a 2023 smoke-in cockpit incident, the?National Transportation Safety Board recommended on Wednesday that pilots be better prepared for such emergencies. The?board cited a Southwest Airlines flight in December '2023 of a 737 MAX after a bird flew directly into the engine. Smoke quickly filled the cockpit. The NTSB warned that if such an incident occurred during nighttime or under instrument meteorological conditions the results could be disastrous. Southwest has not yet commented. The NTSB reported that the Southwest flight crew had difficulty seeing the instruments and items on the checklist as the visibility decreased within seconds. The pilots put...