News
Danish pension blacklists Space X over "catastrophic governance
1+ hour, 38+ min ago (616+ words) (May 30): A US$25 billion (RM99. 26 billion) Danish pension fund that earlier this year made headlines by ditching Treasuries as Donald Trump was threatening to seize Greenland now says it won't touch Space X. The company, which is targeting a valuation of at…...
DXN cancels corporate jet charter amid internal review
23+ hour, 29+ min ago (184+ words) KUALA LUMPUR (May 29): DXN Holdings Bhd (KL: DXN), a direct selling company specialising in consumer health and wellness products, has terminated its charter for a corporate jet linked to its major shareholder. The charter was mutually terminated between unit DXN…...
Space X lowers IPO valuation target to at least US$1. 8 tril " Bloomberg
1+ day, 10+ hour ago (402+ words) (May 29): Space X is currently targeting a valuation of at least US$1. 8 trillion (RM7. 14 trillion) in its initial public offering (IPO), according to people familiar with the matter, as Elon Musk's company promising data centres in space nears its debut. Bloomberg…...
AAPA: Asia-Pacific air travel demand moderated in April on fuel costs
1+ day, 22+ hour ago (339+ words) KUALA LUMPUR (May 28): International passenger traffic growth among Asia-Pacific carriers moderated in April as geopolitical tensions and macroeconomic uncertainty weighed on travel demand and airline costs, according to preliminary data released by the Association of Asia Pacific Airlines (AAPA) on…...
Space X-Tesla merger a matter of when, early investor says
2+ day, 24+ min ago (317+ words) (May 28): A post-initial public offering (IPO) merger between Space X and Tesla Inc'is inevitable and only a question of timing, because Elon Musk will want to consolidate control across his companies, according to early Space X investor Peter Diamandis. The…...
Boeing CEO says MAX 7 and MAX 10 certifications almost done
2+ day, 2+ hour ago (264+ words) NEW YORK (May 28): Boeing is targeting certifications of the 737 MAX 7 and 10 models for 2026, eyeing commercial deliveries of those two jets and the 777-9 in 2027, the company's chief executive officer'said on Wednesday. Boeing is "clearly getting to the final stages" with the…...
Boeing CEO says 200-jet China deal an 'initial tranche' with more to come
2+ day, 3+ hour ago (508+ words) HONG KONG (May 28): China's commitment to buy 200 Boeing jets during a recent visit by US President Donald Trump will be firmed up later this year and is only an "initial tranche" of a potentially far bigger deal, the planemaker's CEO…...
China stalls Airbus deliveries to pressure Europe on Comac jets
3+ day, 7+ hour ago (462+ words) (May 27): China has been slow-walking approval of Airbus SE plane deliveries to signal impatience with how long European regulators are taking to certify Chinese-made aircraft, according to people familiar with the matter. For the past several months, the Civil Aviation…...
Malaysia Airlines adds fourth 737-8 this year in ongoing fleet modernisation
6+ day, 2+ hour ago (359+ words) KUALA LUMPUR (May 24): Malaysia Airlines Bhd has taken delivery of its fourth Boeing 737-8 this year, with the aircraft arriving at Kuala Lumpur International Airport (KLIA) on Sunday at 1: 30pm, following its journey from the Boeing factory in Seattle via Honolulu and…...
US jury finds Boeing not guilty in 737 MAX grounding lawsuit
1+ week, 8+ hour ago (195+ words) NEW YORK (May 23): A US jury found on Friday that aerospace giant Boeing was not liable for lost revenue in a lawsuit involving its 737 MAX jets, which were grounded for 20 months following two deadly crashes in 2018 and 2019. Polish airline LOT…...