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Business Industrials

  • DUBLIN, July 23- Ryanair warned cabin crew and pilots that some of them could lose their jobs if a series of strikes continue but said it was on course to hit its annual profit target despite the disruption. The Irish low-cost carrier, Europe's largest, is facing its worst-ever week for strikes, with over 300 of its daily 2,400 flights cancelled on Wednesday and...

  • BUENOS AIRES, July 22- An American Airlines flight carrying International Monetary Fund Managing Director Christine Lagarde made an emergency landing in Argentina shortly after taking off from Buenos Aires' Ezeiza airport on Sunday, several local media outlets reported. Local newspapers Clarin and La Nacion and local television station TN reported the...

  • prototype flypast climbing after take-off. (Photo by: aviation-images.com/UIG via Getty Images)

    An arcane pilots' union rule is capping the number of seats United will be able to put on its new regional jets.

  • A Jet Blue aircraft takes off from Long Beach Airport in Long Beach, CA.

    JetBlue Airways Corp. is restructuring its operations and "eliminating a number of positions" through layoffs, buyouts and attrition. The low-cost carrier called mandatory meetings at its Long Island City headquarters Friday.

  • Honeywell raised its 2018 forecast for profit to $8.05- $8.15 per share from $7.85- $8.05, and sales to $43.1 billion- $43.6 billion from $42.7 billion- $43.5 billion. Net income attributable to Honeywell fell to $1.27 billion, or $1.68 per share, in the quarter ended June 30, from $1.39 billion, or $1.80 per share, a year earlier. The company's revenue rose 8.3 percent...

  • FRANKFURT, July 20- Airbus is making a fresh attempt to sell supplier PFW Aerospace, which it acquired in 2011 to avoid an insolvency of the maker of precision tubes and components, sources close to the matter said. After failing to sell the supplier in 2015, the sources said Airbus was poised to launch a new auction in the autumn for the company, which may be valued at...

  • FARNBOROUGH, England, July 19- Airbus is stockpiling parts in case of a hard Brexit and Rolls-Royce is months away from doing so. But for smaller aerospace companies that supply them, Britain's departure from the EU could be much more challenging. The largest aerospace sector in Europe and second in the world behind the United States, the British industry...

  • KUALA LUMPUR, July 20- Malaysia will release on July 30 a long-awaited report into the disappearance of Malaysia Airlines flight MH370, the transport minister said on Friday. In May, Malaysia called off a privately-funded underwater search for the aircraft, which became one of the world's greatest aviation mysteries when it vanished with 239 aboard en route to...

  • SINGAPORE, July 20- Long-haul carrier AirAsia X Bhd will pursue an IPO of its Thai arm "soon" as it looks to restructure itself into a group holding company along the lines of affiliate AirAsia Group Bhd, co-CEO Tony Fernandes said on Friday. AirAsia X would focus on countries where it would dominate, such as Japan, Korea, Australia, China and India and remove "...

  • Jim Cramer on "Mad Money."

    Jim Cramer explains why analysts can’t resist the digital payment space. 

  • Nucor CEO thanks tariffs for second-best quarter in steelmaker's history

    Jim Cramer hears from Nucor Chairman, President and CEO John Ferriola, who touts the effects of President Donald Trump's steel and aluminum tariffs.

  • Nucor CEO thanks tariffs for second-best quarter

    Nucor CEO John Ferriola sits down with CNBC's Jim Cramer.

  • John Ferriola, CEO of Nucor.

    Jim Cramer hears from Nucor Chairman, President and CEO John Ferriola, who touts the effects of President Donald Trump's steel and aluminum tariffs.

  • *Industry giants making contingency plans for hard Brexit. FARNBOROUGH, England, July 19- Airbus is stockpiling parts in case of a hard Brexit and Rolls-Royce is months away from doing so. The largest aerospace sector in Europe and second in the world behind the United States, the British industry generates exports worth 30 billion pounds a year and sustains...

  • LAGOS, July 19- Nigeria's new national airline will require initial capital of between $150 million and $300 million, and the government is seeking a strategic partner to operate the carrier, the government stated in a document seen by Reuters on Thursday. Hadi Sirika, minister of state for aviation, on Wednesday said the government would not own more than five...

  • *Airline orders 34 A330neos, adds to earlier 66. KUALA LUMPUR/ FARNBOROUGH, England July 19- M alaysia's AirAsia said on Thursday it would expand an order for A330neo passenger jets, adding 34 aircraft to an existing order to bring the total to 100 long-haul wide-body jets worth $30 billion at list prices. "We got close with Boeing," AirAsia CEO Tony Fernandes told...

  • A worker loads an aluminum coil onto a loading dock at the Arconic manufacturing facility in Alcoa, Tennessee.

    Alcoa lowered its forecast for 2018, citing U.S. tariffs on imported aluminum and rising energy costs.

  • PARIS, July 19- Air France-KLM and its stakeholder and business partner China Eastern Airlines announced plans on Thursday to broaden their joint venture to take in new routes. The companies said they would add the Paris- Wuhan and Paris-Kunming routes to their network, on a code-sharing basis. China Eastern Airlines and Delta Airlines each hold 8.8 percent of...

  • FARNBOROUGH, England, July 19- Hawaiian Airlines said on Thursday it would buy 10 787-9 widebodies from Boeing Co with purchase rights for up to 10 more 787 aircraft, putting pressure on rival Airbus to defend its A330neo jet against the Boeing series. The firm order, valued at $2.82 billion at list prices and announced during the Farnborough Air Show in southern...

  • FARNBOROUGH, England, July 19- Hawaiian Airlines said on Thursday it would buy 10 787-9 widebodies from Boeing Co with purchase rights for up to 10 more 787 aircraft, putting pressure on rival Airbus to defend its A330neo jet against the Boeing series. The firm order, valued at $2.82 billion at list prices and announced during the Farnborough Air Show in southern...