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Founding family raises takeover offer for American Greetings

A group led by American Greetings Corp’s founding family raised its takeover offer price valuing the world’s largest publicly-traded greeting card company at $553.7 million. Zev Weiss, CEO o… [via...

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Boeing completes first 787 Dreamliner test flight

Global aircraft giant Boeing Inc, which has been struggling with battery problems in its advanced 787 Dreamliner aircraft, said that it has conducted a test flight with revamped batteries. T… [via...

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American Greetings receives sweetened offer from Weiss family

American Greetings Corp said on Monday that it has received a sweetened takeover offer from a group led by the founding family, valuing the world’s largest publicly-traded greeting card company at …...

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Star Alliance lifts suspension on Air India

In a major decision today in Vienna, Star Alliance unanimously decided to lift its suspension of the process for Air India, clearing the path for the national carrier to join the alliance of 28 glo…...

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Air India all set to fly into Star Alliance

Air India will soon become a member of the Star Alliance, a global network of 28 airlines, after chief executives of the Star Alliance member airlines decided unanimously to recommence the integrat…...

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Air India ceding market, trimming fleet amidst revival talks!

Air India?s wounds are self-inflicted by a lax bureaucracy and corruption that is rampant in state-run undertakings [via Domain-b Aerospace] Follow us @enterpriseheat – lists / @sectorheat

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