General Electric Co posted adjusted profits on Wednesday that beat analysts' estimates and wowed investors by promising $1 billion (£776.10 million) more cash this year than it had previously forecast, sending its shares sharply higher. | Video
Canadian airlines are making preparations for the day when Boeing's grounded 737 MAX jet can fly again, but one executive said work must be done to regain travellers' trust in the U.S.-made narrowbody involved in two deadly crashes.
Oct 25 The number of Chinese travelers to the
United States fell 4.7% in the first nine months of 2019 as a
slowdown in the world's second biggest economy spurred both
business travelers and holidaymakers to stay at home, U.S. data
showed on Friday.
American Airlines Group Inc and Southwest Airlines Co posted quarterly profit increases on Thursday thanks to strong U.S. travel demand even as the two carriers pointed to a rising cost impact from the continued grounding of the Boeing 737 MAX.
Oct 24 American Airlines Group Inc beat
Wall Street estimates for third quarter profit on Thursday
thanks to robust travel demand, even as the impact of the Boeing
737 MAX grounding continued to swell.
Southwest Airlines Co reported a 7.2% rise in third-quarter profit on Thursday, driven by strong travel demand and higher fares following flight cancellations due to the grounding of its Boeing 737 MAX jets.
United Parcel Service Inc's e-commerce fuelled quarterly profit beat on Tuesday was overshadowed by news that Jim Barber, widely viewed as the world's biggest parcel delivery firm's next leader, would retire at year-end.
MGM Resorts International said on Tuesday it would sell its Bellagio and Circus Circus resorts in Las Vegas in separate deals valued at about $5 billion, as the U.S. casino operator seeks to monetize its real estate assets and bolster its balance sheet.
United Airlines on Tuesday topped Wall Street estimates for quarterly profit, boosted by higher fares and lower fuel costs, and lifted its 2019 profit target despite the continued grounding of the Boeing 737 MAX.