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Lufthansa Technik Philipines and FedEx Corp. are investing more than $600 million for separate facilities in a former US air base in the Philippines as the Southeast Asian nation moves to boost foreign capital, according to a senior government official....
Philippine Airlines President Richard Nuttall says the company is entering a new phase of growth and exploring options to raise capital. The Philippines' flag carrier has had a successful turnaround after emerging from bankruptcy in 2021. Speaking exclusively with Bloomberg, Nuttall outlines the airline's strategy and expansion plans. (Source: Bloomberg)...
WASHINGTON (dpa-AFX) - RTX Corporation (RTX), an aerospace and defense company, Monday said its aircraft engine making subsidiary, Pratt & Whitney has signed a long-term engine maintenance agreeme......