Author: Reuters

By Julie Steenhuysen, Peter Eisler, Allison Martell and Stephanie Nebehay

The U.S. Treasury Department said on Saturday it has released $9.5 billion in additional funds from the Payroll Support Program to U.S. air carriers, bringing to $12.4 billion provided to the airline sector hit hard by the...

Boeing Co on Saturday pulled out of a $4.2 billion deal to buy Embraer’s commercial jets division, sparking a furious response from its jilted partner and leaving plans for a U.S.-Brazil alliance from regional jets to...

Boeing Co on Saturday pulled out of a $4.2 billion deal to buy the commercial jets division of Brazil’s Embraer , unraveling years of work on a transformative move driven by expanding competition with Europe’s Airbus...

The U.S. Treasury Department has disbursed $9.5 billion in additional funds from the Payroll Support Program to U.S. air carriers, bringing to $12.4 billion the amount of funds provided to the sector hit hard by the coronavirus...