VW engineers admitted rigging CO2 emissions: Bild
BERLIN (Reuters) – Several Volkswagen engineers have admitted manipulating carbon dioxide emissions data because goals set by former Chief Executive Martin Winterkorn were difficult to achieve, Bild am Sonntag reported.
Qatar Airways chief says would consider A380neo to replace A380s
DUBAI (Reuters) – Qatar Airways chief executive said on Sunday the airline would consider replacing some of its Airbus A380s with the upgraded A380neo if the newer plane performed better.
Activist stampede pushes board directors into shareholders’ arms
NEW YORK (Reuters) – A few days after joining the board of Atlantic Power, private equity veteran Gilbert Palter said he got a flurry of calls from the energy company’s top shareholders, who wanted more than just to wish him well.
Airbus CEO suggests new A380 order may slip into 2016
DUBAI (Reuters) – Airbus expects to sell more A380 superjumbos this year, but a potential deal may not be finalized until early 2016, the planemaker’s chief executive said on Sunday.
Russia Sukhoi plans to triple jets output by 2020 on Mideast demand
DUBAI (Reuters) – Russia’s Sukhoi Civil Aircraft Company, a maker of regional jets, plans to lift production more than three-fold by 2020, banking on demand from at least five Middle East customers, a senior executive said on Sunday.
Fed rate hike ‘makes sense’, says U.S. central banker
Tempe, Ariz. (Reuters) – Now that the United States is closing in on full employment and inflation is likely to rise to target levels, the “next step” should be to start gradually increasing rates, a top U.S. central banker said on Saturday.
Third Point’s Loeb trades digs for diplomacy in Japan
TOKYO (Reuters) – Activist investor Daniel Loeb, famously branded a carpet-bagger by actor George Clooney, has turned from bruiser to charmer in Japan, where he has added diversified retailer Seven & I Holdings to his portfolio.
Volkswagen managers afraid to travel to the U.S.: paper
BERLIN (Reuters) – Volkswagen managers are worried about traveling to the United States, a German newspaper reported on Saturday, saying U.S. investigators have confiscated the passport of an employee who is there on a visit.
Boeing eyes new partnerships
DUBAI (Reuters) – Boeing expects to announce new industrial partnerships with an emphasis on defense at the Dubai Airshow, expanding on tie-ups in commercial aerospace, executives said on Saturday.
Lufthansa flights hit as crew start longest-ever strike
BERLIN/FRANKFURT (Reuters) – German airline Lufthansa canceled hundreds of flights on Friday and warned of more disruption on Saturday after a cabin crew union started a series of walkouts that could become the longest ever strike at the carrier.
