Business briefings
AIRBUS SEALS LAUPHEIM SALE, ‘CLOSE’ TO FILTON RESTRUCTURING Airbus has finalised the sale of its €240 million ($373 million)…
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Archive for 2008/08/11
Branson strikes out at BA-AA tie-up
Virgin Atlantic Airways president Sir Richard Branson has lashed out at British Airways’ (BA) and American Airlines’ anticipated third tie-up attempt, which…
Boeing Australia restructured in wake of troubled projects
Boeing has restructured its Boeing Integrated Defense Systems business in Australia in a move that sees the departure of David Withers, who has headed Boeing…
Speculators escape the rap
US Congress believes supply and demand is the explanation for rocketing oil prices
Russia breaks off air links to Georgia amid hostilities
Russia has reimposed a ban on all flights to Georgia in the wake of an escalating armed conflict between the two nations over South Ossetia.
The Russian transport ministry issued an order that air services with Georgia must be halted from 9 August.
The two sides had only restored bilateral air links in March […]