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Added on the 24/04/2019 16:58:11 - Copyright : Wochit
REUTERS/Mike Blake LUV Southwest Airlin 46.03 -0.22 (-0.48 %) Disclaimer Get real-time LUV charts here " Southwest Airlines said Wednesday that it plans to fly passengers on the Boeing 737 Max again in March. CEO Gary Kelly had previously said the jet's first flight would "likely take place no sooner than the second quarter of 2021." Southwest will receive 35 more jets in 2021, more than doubling its current pre-grounding fleet of Max aircraft. Passengers looking to avoid the jet will be allowed to make free changes, but Southwest says it reserves the right to use the Max for any flight.
The Boeing 737 MAX takes off for a test flight from Dallas by American Airlines with members of the news media onboard, in an effort to reassure the public of the plane's safety after it was grounded for 20 months following two deadly crashes. US air safety officials in mid-November cleared the MAX to return to service following changes to the plane and pilot training protocols. IMAGES
Goldman Sachs on Thursday reached a massive settlement with US authorities regarding a years-long financial scandal in Malaysia. The federal investigation involved the bank's work with Malaysia's 1MDB fund, and found bribes by Goldman executives in their underwriting of $6.5 billion in bond offerings. In a statement, CEO David Solomon admitted the bank's wrongdoing and said it had improved internal risk controls to prevent another incident. The bank also announced "clawback actions" for former employees that were implicated along with reductions in top executives' compensation, including CEO David Solomon.
London (UK), 15 May, EFE/EPA, (Camera: Andy Rain).- The London Transport Company will get emergency government funding of £1.6 billion to keep bus and underground services running during the coronavirus crisis. As confinement is eased in the UK, many Brits face the dilemma of whether it is safe to return to work. Meanwhile, the UK economy has suffered a 2 percent drop, its worst decline since the 2008 financial crisis. FOOTAGE OF THE LONDON TUBE.
Boeing Co's 737 MAX aircraft takes off on its inaugural flight, as the company battles for market share against the rival A320neo made by French-based Airbus. Rough Cut (no reporter narration)
The World Bank and Iraq sign an agreement for a $1.2 billion loan to help offset the fall in oil prices and security costs associated with the fight against Islamic State. Rough Cut (no reporter narration).
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