Southwest is the airline that brought low-cost travel to the masses with a simple strategy: Operate one kind of plane, offer only coach class, no meals, and fly to secondary airports. Since its first flight in 1971, Southwest has grown to carry more passengers in the U.S. than any other. But now the maker of the only type of plane it has ever flown — the Boeing 737 — is in crisis. Boeing's 737 Max planes have been grounded since March 2019 following its second crash in less than five months.
LONDON, June 21- Orange, France's number one telecoms operator, sees its sales and profits in the African and Middle Eastern regions growing by around 5 percent this year, Chief Financial Officer Ramon Fernandez said on Friday. Africa and the Middle East is Orange's fastest-growing region. It generated 5.2 billion euros and 1.7 billion euros in revenues and core...
The global MAX grounding, which followed two deadly crashes in Indonesia and Ethiopia, has meant that airlines have fewer seats to sell, even though costs remain. Southwest last week joined larger rival American Airlines in extending its removal of the MAX planes from its schedules until the start of September. Southwest continues to expect second quarter...
PARIS, France, June 17- Boeing suffered a fresh setback at the opening of the Paris Airshow on Monday as the U.S. planemaker's engine supplier revealed a delay affecting its all-new 777 X jet, while Airbus targeted the middle of the market with a rival plane. The aerospace industry's biggest annual event, which alternates with Britain's Farnborough Airshow, is...
PARIS, France, June 17- Boeing suffered a fresh setback at the opening of the Paris Airshow on Monday as the U.S. planemaker's engine supplier revealed a delay affecting its all-new 777 X jet, while Airbus targeted the middle of the market with a rival plane. The aerospace industry's biggest annual event, which alternates with Britain's Farnborough Airshow, is...
NAIROBI, June 17- Ethiopia will split its state telecoms provider into two businesses before it is privatized, state-affiliated media reported on Monday, a key part of government's plan to open up one of the world's last major closed telecoms markets. The government will split Ethio Telecom into two business units along infrastructure and service sector...