European airline Airbus will lay off 15,000 employees worldwide due to the restoration of the quarantine restrictions on the flights. This was stated by the Airbus Chief Operating Officer Michael Schollhorn.
Prospects for the aviation industry deteriorated again due to the growing number of the coronavirus infections, he said.
According to Schollhorn, the situation in the early autumn was worse than the concern’s management expected in the summer. Due to the air travel restrictions related to the coronavirus pandemic, the airlines have stopped buying the new aircraft.
The chief operating officer of the Airbus called the future reduction of 15 thousand employees the minimum in this situation. However, he said that the concern does not plan to close its enterprises – particular, in Germany.
By the end of this year, the German airline Lufthansa intends to reduce its foreign staff by 20 thousand people, as well as sell its LSG division, which deals with on-board catering, which employs 7.5 thousand people. Lufthansa subsidiaries Eurowings, Swiss, Austrian and Brussels Airlines are reducing the frequency of flights, fleets and staff amid […]
Latvian airline AirBaltic will resume flights to Ukraine on December 1 and will start a new flight Vilnius-Kiev to Boryspil airport. The schedule includes departures twice a week on Tuesdays and Saturdays on Airbus A220-300. Flights from Vilnius will depart at 09:00, from Kiev – at 11:15. “Vilnius Airport can be used for transit to […]
Before starting flights, Boeing will need to comply with a number of regulatory requirements – retrain pilots and update aircraft software. Boeing shares in the premarket rose by 6.73% to $ 234.16 per share, according to previous trading data. The head of the US Federal Aviation Administration (FAA), Steve Dickson, has signed an order allowing […]
Shares of General Motors, down by 3.7% since the beginning of the year, rose by 3.9% in trading after the company announced the results of the 3rd quarter, which ended on September 30. General Motors reported earnings per share increase of 65% to $ 2.83, which was higher than analysts expected $ 1.38. The amount […]
Shares of Peloton, which rose nearly 346% since the beginning of the year, rose 2% during trading on Friday after the company published the results of the first quarter of fiscal 2021, which ended September 30. Peloton, which went public a little over a year ago, reported earnings per share for the second quarter in […]
Deutsche Lufthansa reported that it suffered a loss of 1.97 billion euros in the third quarter of 2020 against a net profit of 1.15 billion euros a year earlier. The carrier’s revenue fell by 74% to 2.66 billion euros from 10.11 billion euros a year earlier. Adjusted loss before tax and interest payments (EBIT) was […]
Shares of Starbucks recovered from losses of February and March due to the pandemic and rose by 19.7% over the past 6 months. But shares fell again after the publication of the quarterly report, which ended September 30. Starbucks revenue and profit for the 4th quarter of fiscal 2020 showed a strong jump in growth […]
American chipmaker Advanced Micro Devices Inc (AMD) is buying rival Xilinx Inc for $ 35 billion under a deal that it will be paid for in full by AMD shares. According to a press release from AMD, the operation will create a company worth about $ 135 billion. “The acquisition of Xilinx will allow AMD […]
One of the most mysterious Ukrainian startups – the device developer to lucid dreamings Luciding – attracted new investments. This time the startup was financed by the iQSpace, for whom this was the first deal. The Luciding will receive in general about $ 20 000, and at this moment they received the first tranche – […]
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Russia’s gas monopoly Gazprom has not booked capacity at annual auctions through Poland and Ukraine. It is noted that the auctions were held on the booking platforms GSA Platform and Regional Booking Platform. The operator of the gas transmission system of Ukraine exhibited additional “solid” capacities of 9.8 million cubic meters m per day for […]
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The car manufacturer McLaren has introduced a new sports convertible McLaren 765LT Spider. The sports car is equipped with a 4-liter twin V-8 turbo engine with 755 horsepower and 590 Nm of torque. The car accelerates to 96 km / h in 2.7 seconds. The maximum speed reaches 280 km / h. It is reported […]
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The judicial panel on criminal cases of the Kiev Court of Appeal March 16, 2016 considered and settled the appeal, canceling the seizure of property of the GREENSTONE group of companies: “Petroprodukt-Ukraine”, “Yagotynske HPP”, “Protein-Production” and “League “. This was said in the press release. At the request of the investigator of the National Police – […]
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Companies Vir Biotechnology, Inc. and GlaxoSmithKline plc (GSK) announced the global extension to phase 3 of the COMET-ICE study, which evaluates the effectiveness of monoclonal antibodies – VIR-7831 for early treatment of COVID-19 in patients at high risk of hospitalization. VIR-7831 (also known as GSK4182136) is the fully human monoclonal antibody against SARS-CoV-2, selected for […]
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Audi has introduced a new electric e-sedan Audi e-Tron GT, which should become a competitor for Tesla cars. The power of the electric car is 469 horsepower, torque – 464 Nm. The electric car accelerates to 96 km / h in 3.9 seconds. The maximum speed is 245 km / h. The more powerful version […]
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In the retail market development in Ukraine and the world retail market there is radical alterity. While the latter is actively developing, Ukrainian began to show some improvements only in 2016. On the prospects of the global sector and the domestic situation shed light Ukrainian company Deloitte, which provides audit areas, tax, consulting and corporate […]
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Prime Minister Yuliia Svyrydenko presented the draft Government Action Program, which contains 12 priorities. She announced this on Facebook. According to her, the draft Program is based on four pillars – security, economy, human dignity, and reconstruction. On this basis, 12 priorities were identified, which the government promised to turn into concrete decisions. Security and […]
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In the current 2017 the debt amount that is obligated to return Ukraine to the International Monetary Fund is $ 1 billion. Given the fact that the state at present is in anticipation of the next transfer of credit funds from the Fund, in fact, it will be “shifted from one pocket to other”. This […]
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Last week, the value of cryptocurrency fell sharply, but now it is approaching a historic high again. According to Coin Desk, after a sharp drop last week, the value of bitcoin broke the record and reached $ 19,686. Thus, the cryptocurrency exceeded the value recorded on December 16, 2017 by $ 20,665. But the absolute […]
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Worldwide chip sales in July rose by 20.6% year-on-year, reaching $62.1 billion. Compared to June, the semiconductor market grew by 3.6%, according to a press release from the Semiconductor Industry Association (SIA). Sales in North and South America jumped 23.9% year-on-year, in China by 10.4%, in Europe by 5.7%, and in the Asia-Pacific and other […]
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Confectionery Corporation “Biscuit-Chocolate” has invested € 8 million in the development of the production capacity in 2015. This is stated in the report of the corporation. According to the President of the corporation Alla Kovalenko, investments were directed including the introduction of new technologies, enabling enterprises to manufacture products that are still not produced in […]
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According to UNIAN news agency, yesterday the National Anti-corruption Bureau of Ukraine (NACBU) opened three criminal cases concerning the facts of officials illegal enrichment. On the basis of information, specified in electronic declarations, 3 criminal proceedings are opened: 2 concern People’s Deputies of Ukraine, 1 concerns the representative of judicial authority. For the time being, […]
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Participating FIS client banks will be able to send and receive large-ticket international corporate payments quickly and securely KYIV – May 15, 2019 – Visa Inc. (NYSE:V) and FIS are joining forces to enable FIS’ commercial financial institution clients to quickly and securely access the Visa B2B Connect platform globally*. Visa B2B Connect will be […]
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LDaily prepared the short overview of latest news in the sphere of business and finance for last week for the readers. If you missed something, it would a good opportunity to correct it. 1. Yaroslav Gregirchak: «Ukraine has to look as a competitive option for investment in the “supermarket” of national jurisdiction» A shoppy talk […]
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The American information technology giant of Microsoft intends to buy the creator and developer of games ZeniMax Media for $ 7.5 billion. “On Monday, Microsoft announced plans to acquire ZeniMax Media, parent company for Bethesda Softworks, one of the world’s largest private developers and game publishers … Under the terms of the agreement, Microsoft will […]
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