Boeing executives have said that the company is nearing the 'final stages' of obtaining regulatory approval for a fix to the engine anti-ice systems on its 737 MAX jetliner. This will pave the way for the much-delayed MAX 7 & 10 versions entering service. The redesign addresses a problem that could cause engine failure or overheating. It was the main obstacle to the certification of Boeing's smallest and biggest versions. Cirium, an aviation analytics firm, reports that Boeing has built 30 MAX 7s already and nine MAX 10s are awaiting delivery. At least 28% (or more) of the outstanding MAX...

U.S. index futures on Thursday were mixed as weakness in?chip?stocks kept the sentiment low ahead of a?fresh set of economic data. However, positive results from?UnitedHealth provided some support. UnitedHealth's latest positive quarterly result, a higher profit forecast for 2026, sent shares of the healthcare giant up by 6.7% just before the bell rang, helping to lift Dow futures. Humana and Centene, their peers, gained 5% each and 4,2% respectively. Investors shifted their attention to megacap technology companies and banks after strong results by major lenders. U.S. listed?shares?of TSMC dropped 4.6% during premarket trading despite the fact that the advanced AI...

Irish airline Aer Lingus said it could cut up to 500 jobs in a reorganisation. It cited high costs 'and a challenging 'economic environment. In a Thursday statement, the airline said that it had already reduced senior management positions by a quarter and planned to cut employee costs "by roughly the same amount" while changing its network to eliminate 'lower margin flying. It said that this would reduce overall flying by 6 percent, including certain long-haul, short-haul, and international routes. They also added that they were focused on reducing "supplier costs." The measures come after the parent company of IAG...

GE Aerospace increased its profit?forecast for 2026 on Thursday as airline spending?on parts and services remained stable despite higher fuel prices - and fewer flights. As the Iranian war disrupts oil shipping routes around the world, jet fuel prices are rising and airlines have to cut back on capacity. GE Aerospace Services is closely linked to aircraft departures. Increased flying?drives increased engine wear and maintenance demands. The company said that any impact on revenue and profit from'services' this year will be minimal, since much of the work for '2026 is already secured, and spare parts demand continues to outpace supply....

BMW announced Dorothea von Boxberg's appointment as its new board member responsible for human resources in a statement on Thursday. The German automaker highlighted?her expertise in "transformation processes" at a difficult time. The supervisory board approved the change in executive board after BMW issued an unexpected profit warning last month under its new CEO Milan Nedeljkovic and promised?further budget cuts. German automakers, in particular, struggled to adapt to the growing competition from China and the shift to electric vehicles. Recent U.S. Tariff costs and Iran War uncertainty have added to their difficulties. BMW has avoided the sweeping cuts seen at...

GE Aerospace increased its profit forecast for 2026 on Thursday as'spending by airlines on aftermarkets and parts remained resilient despite high fuel prices and fewer flights departures. As the war in Iran disrupts oil shipping routes around the world, airlines are being forced to cut back on spending and reduce capacity to maintain fares. GE Aerospace Services is closely linked to aircraft departures. Increased flying leads to increased engine wear and maintenance. The company said that any impact on its services revenue and profits this year will be minimal, since much of the work for its '2026 shop visits is...

U.S. index futures were tepid on Thursday, as investors took a breather?after two days of rallying?. Meanwhile, chip stocks continued to be under pressure in anticipation of?fresh economic data and another set quarterly results. Investors shifted their attention to megacap technology companies and banks after strong results by major lenders. TSMC shares listed in the United States fell 3.2% during premarket trading despite the fact that the advanced AI chipmaker had reported a 77% increase in its second-quarter profits, which exceeded market expectations. The company also announced that it would invest another $100 billion in the United States. Memory-chip manufacturers...

The U.S. Coast Guard called off their'search for missing people from a triple-deck pontoon that capsized in San Francisco Bay?a day earlier. According to officials from the Coast Guard and San Francisco Fire Department, a pleasure boat with 20 people on board rolled and sank Tuesday near Alcatraz Island after being hit by a large sea. Good Samaritans on other boats nearby, including a couple fishermen, rushed onto the scene to rescue many of the people clinging to a sinking boat's side before emergency response teams arrived. Officials said that one victim was confirmed to be dead on the scene,...

The U.S. aviation sector asked Congress to allocate $20 billion on Wednesday to complete a massive project to modernize America’s aging air traffic control system and reduce systemic flight disruptions. A coalition of aviation companies, including airlines, aircraft manufacturers, airports and unions, said that $20 billion was needed to upgrade or replace hundreds of old air traffic control systems, to deploy the latest technologies for controllers, and to develop advanced tools to manage airspace traffic to improve safety. The Congress allocated $12.5 billion for the project of replacing outdated technology and increasing staffing in air traffic control towers. The new...

United Airlines said Wednesday that it expects a 'full-year profit to be at the upper end of its previous forecast, betting on strong travel demand, higher fares, and a renewed rise in fuel prices, despite its earnings outlook for the third quarter falling short of Wall Street's expectations. In extended trading, shares fell 5%. The Chicago-based airline now forecasts that its fuel bill will be approximately $6 billion more than what it predicted at the beginning of the year. The top of the range is?about 5% higher than the $10.46 expected per share by LSEG's analysts. United expects adjusted earnings...

United Airlines announced a 'full year profit forecast at the upper -end of its previous 'forecast, as strong travel demand and increased fares offset a new surge in fuel prices. Chicago-based airline now forecasts 2026 adjusted earnings per share to be at the top end of its previous range of $9 to $11, despite a fuel bill that is expected to be $6 billion more than what it anticipated at the beginning of the year. The top?end?of this range is about 5% higher than the $10.46 expected by LSEG's analysts. United expects adjusted earnings for the third quarter to range...

After the conflict following the?U.S. Some airlines have maintained suspensions despite the Israeli and U.S. strikes on Iran. Below is an alphabetical update of the flight statuses for airlines. AEGEAN AIRLINES The largest airline in Greece has cancelled all flights to Dubai and Erbil until August 31 and Baghdad and Erbil until September 30. AIRBALTIC Up until October 24, all flights to Dubai are cancelled. AIR CANADA Canadian Airlines has cancelled all flights to Tel Aviv, Dubai and Abu Dhabi until October 24. AIR FRANCE-KLM Air France suspends its Beirut flights from August 2 to August 2. KLM has suspended...