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WASHINGTON (Reuters) -Boeing will add further quality inspections for the 737 MAX after a mid-air blowout of a cabin panel in an Alaska Airlines MAX 9 earlier this month, the head of its commercial airplanes division said on Monday. The planemaker will also deploy a team to supplier Spirit AeroSystems – which makes and installs …

Boeing to add further quality inspections for 737 MAX Read More »

By Steve Scherer and David Ljunggren OTTAWA (Reuters) -Canadian firms say their order books declined as interest rates crimped consumer spending, and they see inflation easing despite increased concerns over wages for the next year, the central bank said on Monday in a quarterly survey. Some 38% of businesses expect a recession over the next …

Canadian firms’ orders fall, inflation seen easing, central bank survey shows Read More »

SAO PAULO (Reuters) -Shares in Brazilian airline Gol tumbled on Monday after local newspaper Folha de S.Paulo reported that the company was considering filing for Chapter 11 bankruptcy protection in the United States within the next month. Gol’s shares slipped as much as 13% on the report before paring some losses to trade down 8.8%. …

Shares in Brazil’s Gol tank on report of potential US bankruptcy filing Read More »

(Reuters) -Thomson Reuters raised its offer to buy Sweden’s Pagero by 25% to about $789 million on Monday and said it now controls about 54% of the company, seeking to ward off rival bids for the e-invoicing and tax solutions firm. Thomson Reuters said it increased its offer to 50 crowns per Pagero share, valuing …

Thomson Reuters takes 54% stake in Pagero, raises buyout offer to thwart rival bids Read More »

SYDNEY (Reuters) – Australia’s household spending fell in December after a rise the previous month, as consumers pulled back spending on household goods, recreation and food, data from the Commonwealth Bank of Australia showed on Monday. The CommBank Household Spending Insights (HSI) index fell 3.9% to 137.0 in the Christmas month from November when it …

Australians pulled back spending in Dec after Black Friday splurge -CBA data Read More »

(Corrects paragraph 2 to say Subramaniam took over as CEO in 2022, not 2023) NEW YORK (Reuters) – U.S. parcel delivery giant FedEx Corp said that it hasn’t seen much of a shift to air freight due to disruptions in the Red Sea that have tacked on nearly two weeks to shipping transit times.    …

FedEx has not seen much impact from Red Sea disruptions, CEO says Read More »

(Reuters) – Alaska Airlines has begun preliminary inspections on some of its Boeing 737-9 MAX aircrafts this weekend, adding that up to 20 planes could undergo inspection, the company said on Saturday. The carrier also said it would initiate and enhance its own layers of quality control to the production of the airplane and has …

Alaska Airlines begins preliminary inspections on up to 20 Boeing 737-9 MAX Read More »

(Reuters) – Alaska Airlines said it will extend its cancellation of Boeing 737 MAX 9 flights through Tuesday, Jan. 16, for planes that have been grounded since last week’s mid-air cabin panel blowout. Alaska has been cancelling about 20% of daily flights since Saturday after the grounding of its 65 MAX 9 planes. (Reporting by …

Alaska Airlines extends Boeing 737 MAX 9 flight cancellations through Tuesday Read More »

By Valerie Insinna and Tim Hepher (Reuters) – Boeing does not typically make adjustments to the type of panel involved in last week’s 737 MAX 9 blowout unless factory tests reveal a problem, a source familiar with Boeing’s industrial process said on Friday. Sources told Reuters last week Boeing supplier Spirit AeroSystems sends semi-completed fuselages …

Boeing performs pressure tests but does not normally adjust Max 9 panels -source Read More »