Then-Ford president and CEO Mark Fields speaks near the logo of shuttle van startup Chariot, during the North American International Auto Show in Detroit, Michigan, U.S., Jan. 9, 2017. REUTERS/Rebecca Cook/File Photo London (Reuters) - London approved on Monday Ford’s plans to operate its Chariot minibus services as the automaker expands
Month: January 2018
Lockheed Martin revenue beats, outlook strong for 2018
Lockheed Martin Corp reported quarterly revenue on Monday that beat Wall Street estimates, helped by higher F-35 fighter jet sales, and forecast better-than-expected 2018 profit. Lockheed said quarterly sales in its aeronautics business, its biggest, rose 11.8 percent to $6.05 billion. The profit margin for division grew by 20 percent in the
US, Qatar reach agreement on subsidy spat with airlines
The arrival of Qatar Airways Airbus A350- 1000 at Doha airport last week. Pic: Abdul Basit Washington (AP) — The United States and Qatar have reached a deal to resolve a years-old quarrel over alleged airline subsidies, seven individuals familiar with the deal said Monday, as Qatar’s government works to defuse
FedEx to make investments in Indianapolis hub expansion, wage increases
Indianapolis International Airport is the second largest domestic sorting facility for FedEx, with an of more than 10 million deliveries worldwide. FedEx announced plans to invest about US$1.5 billion into expanding its FedEx Express Indianapolis hub over the next seven years, creating a modernized and enlarged “SuperHub,” as well as accelerate
How Nigerian airlines’ll be shortchanged by Africa’s open skies treaty
Nigerian Maritime workers threaten strike over trucks parked along port access roads
Trucks parked and abandoned on Apapa-Lagos port roads. The Maritime Workers Union of Nigeria has issued a seven-day ultimatum to the Federal Government to remove all trucks abandoned on the Oshodi-Apapa Expressway and make access roads to the country’s seaports motorable. It said on Sunday that if the government failed to get
CMA CGM takes delivery of its new flagship CMA CGM ANTOINE DE SAINT EXUPERY
CMA CGM HHIC-phil antoine de saint exupery First ship of an order for three 20,600 TEU-containerships Entry into service on February 6th on the Asia to Europe Route: the French Asia Line The CMA CGM Group announced the arrival in its fleet of its new flagship and world’s biggest containership flying
Air Force One Needs 2 New Refrigerators. Together, They Cost $24 Million.
Homeowners, take comfort: Even the appliances on Air Force One break down. More than a quarter-century after they were installed, two of the refrigerators on the president’s plane need to be upgraded, and these specially designed “chillers” aren’t cheap. The Boeing Company was awarded a nearly $24 million contract in December to
Diesel cars face a tougher MOT test from May as it targets particulate filters in emissions crackdown
Ten people die in Ondo road accident
Akure SW Nigeria (Tribune) - No fewer than ten people lost their lives on Sunday, in two different road accidents that occurred between Ijebu Ode/Ore expressway in Odigbo local government area of Ondo state and Ibaka market in Akungba Akoko in Akoko South West local government area of the state. According to