Europe

Airbus delivered 81 aircraft in may, up from a year earlier. This was partly due to planes released after a regulatory stand-off with China. Airbus declined to comment on delivery ahead of the monthly update scheduled for Friday. It delivered 51 jets in May 2025. Airbus announced in April that deliveries were delayed in the first quarter of this year due to "administrative issues" in China that have since been resolved. Two people familiar with the situation said that China appeared to be holding up the delivery of new Airbus aircraft in order to exert pressure on European regulators regarding...

Singapore Airlines (SIA), according to two industry sources, is in discussions with Airbus and Boeing about buying at least '50' of the?largest jets of the industry. This will be part of a?next growth phase starting next decade. They said the Southeast Asian carrier was looking for offers to purchase more 400-seat Boeing 777Xs, the largest model in the industry, or the slightly smaller Airbus A350-1000s. The talks are still in their early stages but may include options to purchase dozens of additional jets. SIA stated that it reviews fleet'renewal plans regularly and refused to comment on any "confidential discussions" we...

Italian daily Corriere della Sera said that U.S. investment company Castlelake was looking to MSC, the world's largest shipowner, as a possible partner in a consortium interested in a potential takeover bid for British budget airline easyJet. Castlelake announced last week that it is in the initial stages of evaluating a possible easyJet offer, which would be above 403.23 pence a share. However, no approach has been made to easyJet's board. According to UK takeover regulations, the company has until June 26th to submit a firm offer or walk away. Corriere reported that two sources familiar with the discussions said...

Air Canada's COO stated on Wednesday that the carrier still experiences "friction" in the system due to delays in the deliveries of Airbus A321XLR single-aisle jets. The airline will begin flights with this longer-range aircraft?this month. Airbus and Boeing are working to increase production of new, fuel-efficient aircraft. However, airlines around the world face delays in delivering multiple models due to labor shortages, supply-chain issues, or other factors. Mark Nasr, Air Canada's Executive Vice President and Chief Operations Officer, stated in an interview that the XLR Program has been delayed by more than two years compared to what was originally?anticipated...

Lebanon's aviation regulator?performed a safety audit on Middle East Airlines after pilot groups expressed concerns that crews are being asked to fly near airstrikes, and penalized for reporting safety incidents. Letters seen by show. The audit focuses on the Beirut-based flag airline MEA which has kept Lebanon in touch through war, financial collapse and even when many foreign airlines have avoided Middle East airspace due to'missile and drone risk' since the Iran War began on February 28, In a statement released?on? Wednesday, the MEA stated that it would continue to fly "after obtaining international guarantees" that the airport will remain...

The foreign ministry announced on Wednesday that an Iranian attack targeted 'civil facilities' in Kuwait including the international airport and diplomatic missions. The statement didn't specify which diplomatic missions had been damaged. The attack marks an increase in tensions for the oil-rich Gulf nation, which has been relatively calm since April 8, when a ceasefire was declared in the?Iran war. Iran launched a salvo of missiles and drones against Kuwait, a close U.S. ally as well as other Gulf states. State news agency reported that the early morning attack at Kuwait International Airport resulted in several injuries and forced authorities...

Unions protested against the government's labour re-form plans, and a second general strike in six months caused disruptions across Portugal on Wednesday. Trains were stopped, hundreds of flights cancelled, and schools closed as a result. After talks with unions failed, Portugal's centre-right minority government will likely pass a bill that proposes changes to more than 100 articles of labour code in order to increase productivity and spur economic growth. Tiago 'Oliveira', the head of Portugal's biggest umbrella union CGTP which called for the general strike said that the reform will worsen the conditions of workers by entrenching the precarious nature,...

European shares fell marginally Wednesday, as renewed hostilities over the Middle East pushed oil prices up and dampened hopes for an imminent peace agreement. However, Inditex (the owner of Zara) gained after reporting that the summer had started well. The pan-European STOXX 600 Index?dipped by 0.1% to 624.32 at 0805 GMT. The?U.S. military said it 'thwarted Iranian missile attacks on Bahrain, Kuwait and other regional targets. The U.S. military claimed it had 'thwarted Iranian missile strikes on Bahrain, Kuwait, and other regional targets. Brent crude prices rose by 2%. The U.S. president Donald Trump's comment that talks with Iran were...

According to letters seen by, Lebanon's aviation regulator has launched a safety review of Middle East Airlines after pilot groups expressed concern that crews are being forced to fly "close to airstrikes" and punished for reporting safety incidents. The audit focuses on the Beirut flag carrier that has kept the country 'connected' through war and financial collapse, even though many foreign airlines avoided large areas of Middle East airspace due to missile and drone -risks -since the U.S. and Israeli war against Iran began. MEA has around 20 planes that fly in the Middle East and Europe, as well as...

As regional carriers rebuild their schedules following war-related disruptions, some airlines are slowly restoring flights to the Middle East. However, the conflict continues disrupting wider traffic flows. Middle Eastern airlines increased capacity following severe disruptions linked to the Iran War, but many carriers outside the Gulf still divert Europe-Asia flight to avoid the area. The latest flight information is listed below alphabetically: AEGEAN AIRLINES Thessaloniki-Tel Aviv flights are cancelled until June 26 by Greece's largest airline. Dubai flights are cancelled until August 31. Erbil and Baghdad flights will be cancelled until July 2. AIRBALTIC AirBaltic, a Latvian airline, has announced...

EasyJet, a British budget airline, has attracted the attention of?U.S. Castlelake, an investment firm, is considering a takeover. Analysts say that while easyJet called the timing of this takeover "highly opportunistic", its low valuation, slots in key airports, and stable fleet make it an attractive target for a takeover. Chris Beauchamp is the chief market analyst for trading platform IG. Shares Underperform Rivals Potential suitors are attracted to the British carrier because its shares have performed better than those of competitors like Ryanair. Jaime Rowbotham, a Deutsche Bank analyst, wrote that EasyJet had 'looked 'cheap' for a while. He added...

These are the most popular?stories from the Wall Street Journal. ? The accuracy of these stories has not been verified by the site. -?Alphabet has announced plans to issue equity worth $80 billion, of which $10 billion will go to Berkshire Hathaway to fund AI capital expenses. Blackstone, a manager of alternative assets, announced that it had raised $13.1 billion in private equity funds for Asia. This was more than its initial target. It is also the largest fundraise ever made by Blackstone. Andrew Left, 55, an eminent?short seller in Los Angeles, has been convicted of securities fraud by a...

DHL Express Europe believes that its aviation fuel supply is secure for the summer, despite the uncertainty caused by Iran's war. This was made possible by diversifying its sources and easing market pressures, according to Chief Executive Mike Parra. The jet fuel market has loosened over the past few weeks, as the demand for the product has weakened and the imports of it into Europe from the United States have increased. DHL Express is the largest division within German logistics and post services group DHL. It employs approximately 120,000 people around the world. DHL Express operates a fleet consisting of...

DHL Express Europe's CEO, Mike Parra, said that despite the uncertainty caused by a looming war in Iran, it is confident about its aviation fuel supplies for the summer. This is due to easing market pressures and diversifying its sources. In an interview with Parra on Tuesday, he said: "At this time, we do not have any risk" in major hubs, gateways or?major cities. No disruptions are anticipated. In recent weeks, the jet fuel market has loosened as the demand for it has slowed and imports from the United States of America, Nigeria, and South Korea have increased. The head...

At its annual Choose France Business Summit on Monday, France announced 71 projects for foreign investment worth a total of EUR93 billion ($108.3billion). They will create over 15,600 jobs. The biggest announcements focused on?artificial Intelligence and data centres. President Emmanuel Macron is seeking to position France as a European Hub?for AI Infrastructure, helped by the?low-carbon electric supply. Here are some of the major 'investment' pledges: AI AND DATA CENTRES SoftBank has plans to build and operate five gigawatts of AI-dedicated capacity data centres in France. This includes an initial EUR45billion investment in Hauts-de-France for 3.1gigawatts by 2031. These projects will...

Ofcom, the British media and telecoms regulator, opened an investigation on Monday into Royal Mail after it failed to meet its delivery targets for fiscal 2025/26. The post and parcel group is embarking on new delivery patterns as well as investing in order to improve service. Royal Mail will invest PS500 million (approximately $673 million) over the next five-years to reduce delivery times and costs. This comes after regulator Ofcom set "minimum acceptable deadlines" and launched a price review of its business last year. Ofcom published delivery data last Friday showing that, for the year up to March, only 75.7%...

?The U.S. The U.S. Postal Service announced Thursday that it had signed a'multi-year agreement with DHL eCommerce for parcel delivery in the U.S. DHL?eCommerce is a U.S. division of the German logistics giant DHL Group. The deal, according to DHL, will help the company grow on the U.S. Market over the next few years. DHL eCommerce, which has 19 hubs in the U.S., will be responsible for the pickup and sorting of all deliveries before USPS completes the final mile. Deal is crucial for the financially strapped USPS. It has warned that it may run out of money as early...

The U.S. The U.S. DHL eCommerce, a division of the German logistics giant DHL Group said that the deal would help the company grow in the U.S. over the next few years. David Steiner, Postmaster-General of the United States, said in an exclusive interview that DHL has the opportunity to "play in the largest market on the planet." He said that DHL would have to "invest a lot of capital" to build an end-to -end network or partner with someone who has the last mile capability, like USPS. DHL eCommerce will handle pickups and sortation at its 19 U.S. hubs,...

DHL, FedEx, and UPS called on 'European Union Finance Ministers' to implement new?duty regulations on?low value packages? on Friday. They warned of supply chain bottlenecks, and the impact this would have on some medical supplies. These rules are part of an effort to crackdown on cheap Chinese imports, such as those from online retailers Shein or Temu. In a letter dated 22 May, seen by the, three companies said the EU should implement a EUR3 flat rate duty on July 1 but defer "more complicated and unresolved" elements until they were?legally sure and 'operationally viable. The new data requirements, along...

InPost, a Polish parcel locker company, announced on Friday that the consortium of FedEx International, Advent International and InPost investors will make a?buyout offer worth EUR7.8 billion (USD9 'billion). The offer is valid from May 26 until July 27. The company stated in a'statement' that regulatory clearances for the deal have already been received in China, Israel and Italy. InPost's shareholders support the all-cash?bid for a takeover announced in February, unanimously recommended by InPost board. For the deal to be completed, however, 80% must be?tendered. The EUR15.60 bid per share would allow U.S. FedEx to increase its reach in Europe...

InPost, the parcel locker company that was the target of an 'offer by a FedEx and Advent led consortium, reported a core profit in the first quarter of the year, which exceeded market expectations. Growth in Poland and in the Eurozone helped offset costs associated with the integration of Yodel into Britain. The adjusted earnings before interest taxes, depreciation, and amortisation were 902.2 million Zlotys (249.0 millions) in the third quarter. This was above a consensus estimate from the company of 856million Zlotys. InPost's Poland division, which is still its main source of profit, saw its first-quarter deliveries increase 8%,...

DHL, the German logistics giant, reported on Thursday a higher than expected 'first-quarter operating profits', helped by structural cost reductions, capacity management and yield measures. Tobias Meyer, CEO of the company, said that despite closed airspace and blocked sea routes, they kept cargo moving. The company's?quarterly profit before interest and tax was 1.48 billion euros ($1.73billion), exceeding analysts' expectations by 1.38 billion, according to a consensus provided by the company. The?quarterly operating margin increased to 7.3%, up from 6.6% in the same quarter?last. Meyer stated that "after the first three month, we are on track to reach our full-year goals."...

The top American companies, from GM and Coca-Cola to Coca-Cola, are trying to reassure their investors that they will be able to weather the financial fallout of the Iran War despite the fact that fuel prices and packaging costs have risen. Since the beginning of the conflict, oil prices have increased dramatically. This has pushed up the cost of inputs in industries that are already under pressure from U.S. Tariffs. This increase forces companies to consider price increases at a time consumers are already feeling the strain. Reviewing company statements from the'start of war' revealed that 24 companies had withdrawn...

Analysts say that the U.S./Israeli war against Iran will benefit European logistics companies, which are expected to post higher profits in the first quarter. However, analysts also said that the conflict could cloud their future prospects. Although increased supply-chain complexity is typically a positive for logistics companies like DHL, DSV and Kuehne+Nagel in terms of profitability, many analysts have warned that the long-term effects from the energy shock and broader economic fallout may impact demand later this year. In a client note, Jefferies analysts stated that Kuehne+Nagel management does not expect any further yield pressure on sea or air businesses...