British Aerospace has reported pre-tax profits for the half year up by 24%.Despite the rise, and a record order book, the company's shares tumbled after a fall in oil prices cut operating cashflow as a result of payments from the Saudi Arabian Al Yamamah contract by at least £500 million ($815 million). Pre-tax profit to June came in at £344 million.
Source: Flight International
Delta Air Lines is expecting a return to normal operations following a multi-day struggle related to the global IT outage caused by CrowdStrike.
The US Department of Transportation is investigating whether Delta Air Lines has complied with passenger-protection laws amid a technology meltdown that has forced the carrier to cancel thousands of flights.
Malaysian airlines have confirmed plans for jet operations from Kuala Lumpur’s Subang international airport, with domestic operations to commence in August.
