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Boeing, machinists reach ‘tentative’ deal

The ongoing saga between Boeing and the International Association of Machinists and Aerospace Workers appears to be largely resolved. The parties have reached a tentative, four-year contract extension agreement regarding the production of the 737 MAX in Washington’s Puget Sound region. read more

IATA touts ‘bright future’ of MENA aviation

In an address to attendees of the Arab Air Carriers Organization Annual General Meeting, International Air Transport Association Director General and CEO Tony Tyler praised the Middle Eastern and North African aviation sector for achieving exponential growth and investing $100 billion in infrastructural improvements. Still, Tyler maintained, some roadblocks to success exist. read more

UPS acquires Italian pharma firm, adds new service

UPS, which opened five pharmaceutical facilities this year in the Americas, Europe and Asia, is continuing its pharma push with its acquisition of the Italian company Pieffe Group and the launch of a new healthcare-oriented product. The 35-year-old firm warehouses and distributes some of the world’s leading brands. Terms of the deal were kept private. read more

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