Qantas employees take selfies at Sydney Airport in Australia. File/Reuters
Boeing Co engineers are reducing the scope and duration of certain costly physical tests used to certify the planemaker’s new aircraft, according to industry sources and regulatory officials.
Qantas Airways, which hopes to buy planes this year for record-breaking 21-hour flights between Sydney and London has two hurdles left to overcome: getting pilots and Australia’s aviation regulator to agree to unprecedented duty times. Airlines around the world are planning
Airlines including British Airways, Qantas and KLM said they were suspending flights over the Strait of Hormuz in line with a ban by US authorities, after Iran shot down a US drone.
Australia’s airlines are taking measures to save from cut-throat competition in the aviation industry, especially in the domestic sector. Margins at Australian airlines have been squeezed by fuel costs and weakness in consumer spending,
The foreign investments in India increased to $443 million in the financial year 2019 from $224 million in financial year 2018. Poised to be the third largest consumer retail destination in the world, India is now an attractive investment destination for retail.
Warren Buffett’s Berkshire Hathaway Inc posted a 23 per cent decrease in quarterly operating profit, while soaring prices in stock holdings such as Apple Inc enabled the conglomerate to smash its old record for full-year earnings.
Argentina on Saturday agreed to start consultations with the International Monetary Fund that could lead to a new financing programme, days after the global lender said the country’s debt situation had become “unsustainable”.