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United Airlines CEO says big merger unlikely after American rebuff, asset buys possible

By Rajesh Kumar Singh and Joe Brock RIO DE JANEIRO, June 7 (Reuters) - United Airlines remains open to buying airport slots, gates or other assets if higher fuel prices put weaker rivals under pressure, but it is unlikely to pursue a major consolidation deal ...
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LATAM CEO sees more airline capacity cuts if fuel shock persists

RIO DE JANEIRO, June 7 (Reuters) - LATAM Airlines Chief Executive Roberto Alvo said the airline industry may need to cut capacity further if elevated fuel prices persist into 2027, warning that carriers with weaker balance sheets and greater exposure to price-sensitive traffic will ...
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NASA to wear Prada as luxury group pushes into space industry

By Danielle Kaye NEW YORK, June 7 (Reuters) - Italian fashion house Prada unveiled on Sunday the inner-layer garment set to be worn by NASA astronauts heading into space, underscoring the brand's push to be the first major luxury player to make inroads in ...
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Etihad Airways orders widebody planes, sees return to pre-war capacity in June

RIO DE JANEIRO, June 7 (Reuters) - Etihad Airways is ordering more widebody planes as the Middle East carrier expects to be flying about 8% more than a year ago by June 15, CEO Antonoaldo Neves said in an interview. He said on the sidelines ...
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Swiss firms invest $27 billion in US after tariff deal, NZZ am Sonntag reports

ZURICH, June 7 (Reuters) - Swiss companies invested $27 billion in the United States between January and April, as Switzerland moves to fulfil a pledge to sharply increase investment following a tariff agreement with Washington, NZZ am Sonntag reported. The figure was contained in an ...
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From unfilled gas tanks to fewer frills, retailers see US consumers rethink their spending

NEW YORK (AP) - U.S. consumers haven't stopped spending money since the Iran war drove up fuel prices, but many shoppers are reassessing what they buy and where, according to company executives and retail analysts. The behavior changes observed so far are subtle, such ...
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Hollywood workers rally against Paramount-Skydance deal

By Dawn Chmielewski and Jody Godoy LOS ANGELES, June 6 (Reuters) - As he spoke at a gathering on Saturday to protest Paramount Skydance's proposed acquisition of Warner Bros. Discovery, stand-up comedian Adam Conover framed the ongoing media consolidation as an existential threat to an ...
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Southwest sticks with Boeing as MAX 7 delay pushes service to 2027

By Rajesh Kumar Singh RIO DE JANEIRO, June 6 (Reuters) - Southwest Airlines expects Boeing's long-delayed 737 MAX 7 to enter revenue service in 2027 and remains focused on the MAX family rather than adding another aircraft type to reduce risk, Chief Operating Officer Andrew ...
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Embraer sees airlines delaying decisions on plane purchase options due to Iran war

By Gabriel Araujo RIO DE JANEIRO, June 6 (Reuters) - Some airlines are delaying decisions on whether to exercise aircraft purchase options amid uncertainties related to the war in Iran, which has pushed up jet fuel prices, Embraer CEO Francisco Gomes Neto told Reuters on ...
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Alaska Air says demand, fares could support second-half cash flow despite fuel shock

By Rajesh Kumar Singh RIO DE JANEIRO, June 6 (Reuters) - Alaska Air Group is hopeful it can reinstate its financial guidance on its second-quarter earnings call if fuel prices show more stability, Chief Financial Officer Shane Tackett told Reuters on Saturday, after volatility in ...
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Boeing can provide aftermarket support to China for 200-jet order, executive says

By Allison Lampert SAO PAULO, June 6 (Reuters) - Boeing's top services executive said on Saturday that the planemaker can provide aftermarket parts support to China to back a 200-plane order announced by the planemaker following a visit by U.S President Donald Trump to Beijing ...
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Bouygues-led consortium signs $23.44 billion deal to buy SFR from Altice France

June 6 (Reuters) - Bouygues Telecom, Orange and Free-iliad Group have signed a memorandum of understanding with Altice France to buy telecoms operator SFR for €20.35 billion ($23.44 billion), including debt, the companies said on Saturday. The Bouygues-led consortium had ...
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