Boeing expands Riyadh Air order with 39 jets
Boeing (NYSE:BA) announced that Riyadh Air will exercise options for 28 additional 787 Dreamliner aircraft and purchase 11 previously unidentified widebody jets.
Boeing (NYSE:BA) announced that Riyadh Air will exercise options for 28 additional 787 Dreamliner aircraft and purchase 11 previously unidentified widebody jets.
Ryanair (NASDAQ:RYAAY) reported a 34% drop in quarterly profit to €538 million amid doubled jet fuel prices.
Delivery Hero confirmed advanced takeover talks with Uber Technologies (NYSE:UBER), while the Financial Times reported a €41-a-share, €12.5 billion proposal.
Grupo Aeroportuario del Pacifico (NYSE:PAC) reported 2Q26 revenue of Ps. 11,289.7 million, up 3.7%, as EBITDA rose 8.4% and net income increased 9.0% following the CBX combination.
EasyJet agreed in principle to Apollo Global Management’s (NYSE:APO) £7.15 per share cash offer, valuing the airline at about £5.7 billion, after the board determined it was a higher proposal than Castlelake’s £6.90 per share offer.
AerCap Holdings (NYSE:AER) signed lease agreements with China Southern Group for three Boeing 777-300ERSF converted freighter aircraft to support the airline’s cargo operations.
Union Pacific (NYSE:UNP) and Norfolk Southern (NYSE:NSC) submitted the first portion of informational data requested by the Surface Transportation Board to advance their pending $85 billion railroad merger.
Descartes Systems Group (NASDAQ:DSGX) said it has acquired Drivin, a Latin American last-mile delivery management platform, in a cash transaction worth approximately $30 million.
easyJet said it has agreed in principle to a £5.5 billion ($7.3 billion) cash offer from U.S. investment firm Castlelake after rejecting four earlier proposals.
Ryanair (NASDAQ:RYAAY) reported a 7% increase in June traffic to a new record of 21.2 million guests.
CMA CGM Group agreed to acquire FedEx Supply Chain, the contract logistics arm of FedEx (NYSE:FDX), in a $1.4 billion enterprise value deal aimed at expanding its North American logistics footprint through CEVA Logistics.
Waymo, owned by Alphabet (NASDAQ:GOOGL), has ended its Phoenix robotaxi availability on Uber Technologies (NYSE:UBER), closing a pilot that delivered hundreds of thousands of autonomous trips.