made a $5 billion profit in the first quarter of 2023, a rise on the previous three months on the back of stellar oil and gas trading, but its shares fell sharply as it slowed a share buyback programme. The forecast-beating results from BP follow a strong showing by rivalsContinue Reading
United Airlines plan to revamp the cabins on its older narrow-body planes is running behind schedule because of supply chain strains, the carrier told CNBC this week. The upgrades include bigger premium cabins, seat-back entertainment screens throughout the planes, Bluetooth capabilities and other amenities. The Chicago-based airline previously expected toContinue Reading
For some time now, the anguish of the airlines is not limited to the profitability of the routes, the marketing strategies or the search for more welcoming planes. To all these aspects is added another, important one that has already entered the public debate: its environmental footprint. And it isContinue Reading