Jack Wilkinson

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Airlines celebrate lower fuel costs

If you’re going to fly, you have to use fuel. Yes, that may seem obvious, but it’s an aspect of the airline business that a lot of passengers may not …

Boeing profits on demand for jets, shares spotlight with SpaceX

<b>The numbers:</b> Good. Boeing said today it earned nearly $1.36 billion in the third quarter, up 18% from a year ago. Revenues rose 2% to $23.78 billion.<p><b>The takeaway:</b> Demand for aircraft lifted Boeing. The company delivered 186 jets in the quarter, 9% more than a year earlier. Boeing booked orders for …

Aviation

Boeing profit jumps 18 percent, but cash is scarce

(Reuters) - Boeing Co (BA.N) reported an 18 percent increase in quarterly profit and raised its full-year core earnings forecast for the third time, reflecting booming commercial aircraft demand and increasing profitability in its defence business.<p>The Boeing logo is seen at their headquarters in …

Motor insurers help FTSE to end higher

LONDON (Reuters) - Britain’s top share index ended higher on Wednesday, with motor insurers advancing on news of an increase in car premiums and drugmaker GlaxoSmithKline (GSK.L) rising after its results.<p>The London Stock Exchange building is seen in central London September 24, 2009. …

Exclusive - EU earmarks $250 million to help develop Ebola vaccines: sources

LONDON (Reuters) - Europe is to plough 200 million euros (155.5 million pounds) into the development of Ebola vaccines, as well as drugs and diagnostic tests, according to two people with direct knowledge of the situation.<p>A health worker in protective equipment carries a sample taken from the body …