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Airbus starts building A220 in Alabama

Tuesday, August 6, 2019, 8:22 AM

European aerospace giant Airbus is pushing its growth in the U.S. with the start of production in Alabama for its A220 airplane. The first U.S.-built A220 will not be finished and delivered until well into next year, but the start of production is a major milestone in the Boeing competitor's push to leverage its Alabama base to grow business.
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Airline stocks crater after Delta issues slightly lower revenue growth outlook

Friday, January 4, 2019, 7:38 AM

Shares of U.S. airlines tumbled Thursday after Delta Air Lines forecast slightly lower revenue growth, following downbeat sales projections from iPhone-maker Apple that stoked concerns of global slowdown. Delta shares fell nearly 9 percent, their steepest percentage decline in more than six years, to close at $45.61. American Airlines shed more than 7 percent, recovering slightly after hitting its lowest price since July 2016.
 
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IndiGo CEO-designate Gregory Taylor may be on his way out

Wednesday, December 12, 2018, 8:05 AM

Gregory Taylor, the CEO-designate at IndiGo Airlines, may be on his way out, three people aware of the development told FE. The move dovetails with the appointment of Ronojoy Dutta, an industry veteran as a principal consultant earlier this month to develop a five-year business plan for the aggressively growing budget carrier. "They don't see eye-to-eye of late", an industry executive said.

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