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  • FARNBOROUGH, England, July 15- Airbus has clinched a deal with Malaysia's AirAsia for 50 A330neo jets worth at least $12 billion at list prices, making it the first airline to sign up for the newly launched wide-body jet, people familiar with the matter said. Airbus and AirAsia declined comment.

  • FARNBOROUGH, England, July 15- Malaysia's AirAsia group is close to a deal to become the first airline buyer for the newly launched Airbus A330neo with an announcement possible at the Farnborough Airshow later on Tuesday, people familiar with the matter said.

  • FARNBOROUGH, England, July 15- Boeing announced a 26- plane deal with lessor Air Lease Corp on Tuesday including six of the wide-body 777-300 ER model and 20 of the smaller 737 MAX 8.. Air Lease Corp chairman and chief executive Steven Udvar-Hazy said the company had already lined up three airlines to take the six 777-300 ER jets.

  • WASHINGTON, July 14- Leaders of the U.S. energy and rail sectors have agreed to toughen tanker cars for future oil train cargo and to a schedule to retire older model cars that regulators have deemed unsafe, said two industry sources familiar with the plan. The Transportation Department is expected to outline that safety plan before the end of the month.

  • CARACAS, July 14- German airline Lufthansa said on Monday it will reduce service to Venezuela by 40 percent starting next month amid an ongoing dispute about repatriation of revenue from ticket sales.

  • FARNBOROUGH, England, July 14- Airbus said the snags holding up delivery of the new A380 superjumbos ordered by Qatar Airways would be resolved by the end of the year, after the chief executive of the Middle Eastern airline criticized the European planemaker.

  • TORONTO, July 14- Bombardier Inc's long-delayed CSeries jetliner program got a boost on Monday with two tentative orders worth nearly $1.6 billion, but investor enthusiasm was tempered by lingering concerns about the plane's prospects. Jordan's Petra Airlines Ltd also signed a letter of intent for up to four CS100 and CS300 planes, worth up to $298 million.

  • FARNBOROUGH, England, July 14- Qatar Airways rejected the first three new A380 superjumbos supplied to it by Airbus, its chief executive said, adding it was very disappointed with the European planemaker.

  • There's no bubble in commercial airlines: Execs Monday, 14 Jul 2014 | 10:50 AM ET
    The Airbus A330-900 NEO aircraft in model form.

    Executives running the world's largest airplane makers and suppliers said they don't see a downturn coming anytime soon.

  • July 14- Honeywell International Inc will merge its transportation systems unit into its aerospace division to take advantage of similarities between the businesses, the diversified U.S. manufacturer said on Monday.

  • July 14- Russia's Sukhoi Civil Aircraft Company announced a deal for seven Superjet 100 aircraft with Kazakh airline Bek Air at Britain's Farnborough Airshow on Monday. The SSJ100 is a regional jet designed, developed and built by Sukhoi Civil in partnership with Alenia Aermacchi, part of Italy's Finmeccanica.

  • LONDON, July 14- Iran's main oil tanker firm NITC will struggle for some time to call at European ports, get foreign insurance and overcome obstacles under western sanctions, even after a top court has annulled its blacklisted status in the European Union.

  • July 14- Dubai- based carrier Emirates Airlines said it signed a 12- year agreement with General Electric Co for the maintenance, repair and overhaul of its new GE9X engines. The $13 billion order is for engines that will power the 150 Boeing 777 X jets that Emirates is buying from Boeing Co for $56 billion.

  • TORONTO, July 14- Bombardier Inc's long-delayed CSeries aircraft program received a big boost on Monday, when the company announced two tentative orders for a total of up to 24 jets worth nearly $1.6 billion. Montreal- based Bombardier said it had signed an agreement with Chinese carrier Zhejiang Loong Airlines Co Ltd for 20 of its CSeries jetliners.

  • FARNBOROUGH, England, July 14- Boeing said on Monday that China's Okay Airlines had ordered six 737 MAX 8 planes and four 737-800 aircraft, worth $980 million at list prices.

  • TORONTO, July 14- Bombardier Inc's long-delayed CSeries aircraft program received a boost on Monday, when the company announced two tentative orders for a total of up to 24 jets worth nearly $1.6 billion. Montreal- based Bombardier said it had signed an agreement with Chinese carrier Zhejiang Loong Airlines Co Ltd for 20 of its CSeries jetliners.

  • *Boeing comfortable with efficiency, value of fleet vs Airbus. FARNBOROUGH, England, July 14- U.S. planemaker Boeing said its range of aircraft meant it was well-placed to compete in the latest stage of a long-haul battle against European rival Airbus, which earlier stole the limelight with a plan to revamp its A330 jet.

  • *Airbus announces revamp of twin-aisle A330 passenger jet. FARNBOROUGH, England, July 14- Airbus announced a revamp of its twin-aisle A330 passenger jet on Monday, sharpening a contest with Boeing for up to $250 billion of orders at the core of the market as the start of the Farnborough Airshow fuelled a debate about new technology.

  • BANGALORE, July 14- Naveen Rabelli's tuk-tuk broke down the first time he rolled it out of his garage. The electrical engineer didn't lose heart: now, he plans to drive his customized three-wheeler all the way to London.

  • China urges local govts to buy more new-energy cars Sunday, 13 Jul 2014 | 11:34 PM ET

    SHANGHAI, July 14- China has told government officials to use more electric and plug-in hybrid cars as part of its drive to cut pollution by putting 5 million such vehicles on the road by 2020..

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