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With orders expected to be low, the Paris Air Show has a distinct air of unpredictability. The possibility of commercial unmanned air crafts - known as drones - could be a hot topic.
With next week's Paris Air Show just around the corner, Airbus announced on Tuesday that the first flight of its new A350 XWB (extra wide body) jet will take place on Friday.
The new chief executive of Airbus says he is ready to “bet” that the European aircraft maker’s planned new A350 widebody passenger jet will not suffer the same three-year delay that Boeing had with its 787 Dreamliner, the Financial Times reports.
The myth of SXSW's ability to turn startups into business powerhouses grew along with the crowds. For small businesses and startups who want to use the event to launch a company or impress investors, is SXSW a worthwhile investment or just a cool place to hang out?
Even as U.S. President Barack Obama looks set to sign into law a piece of legislation targeting "unfair" trade practices from China, speculation of a trade war brewing between the two countries is unwarranted, according to Brian Jackson, Senior Emerging Markets Strategist at the Royal Bank of Canada in Hong Kong.
A Pekingese named Malachy, last year's No 2. dog, won Best in Show at the Westminster Kennel Club Dog Show at New York's Madison Square Garden.
The decade-long battle between Boeing and European arch-rival EADS for a $35 billion refueling airplane contract from the Pentagon ended in defeat for Airbus owner EADS earlier this year – but Chief Executive Louis Gallois insists that the bidding process improved its relationships with the U.S. military.
The perennial war of words between Boeing and Airbus heated up with both sides accusing the other of delivery delays as the crowds gathered for the opening day of the Dubai Airshow on Sunday.
The bumper order Emirates placed for Boeing 777s at the start of the Dubai Airshow was made in anticipation of strong growth in emerging market demand, Tim Clark, president of the airline, told CNBC Monday.
Boeing, and its arch rival Airbus, have in recent years witnessed something of a boom in airplane orders despite the US and Europe battling against financial crisis and economic slowdown.
As the eternal battle to secure aircraft orders continues, Boeing’s newest product, the 787 Dreamliner, landed in the United Arab Emirates for the 2011 round of the Dubai Airshow. It is the first time the plane is shown to the Middle East public with a readied mockup interior.
On one hand the idea of another record year for aerospace manufacturing hardly makes sense, and yet on the other, air travel remains an industry that is still expanding.
While other industries remain mired in red ink amid the global recession, Boeing and Airbus, the two largest aircraft manufacturers, are entering a period of unprecedented growth.
Despite being profitable in 2011, the airline industry is bracing for turbulence in 2012. The combination of major tax increases and fuel prices that are widely expected to rise means there could be rougher skies ahead for the carriers. Passengers, as well, will likely face fewer frills, fewer route options and notably higher prices.
Indian airlines walked away from the Paris Air Show with a third of the airplane orders last week — a $23 billion gamble that air will finally conquer rail despite a formidable list ofobstacles.
A contract for 200 Airbus 320NEO, along with an option for another hundred aircrafts, are expected to be unveiled by the pan-European plane builder Airbus on Thursday.
The announcement that Ryanair will develop a new airplane with state-backed Chinese aircraft manufacturer COMAC on Tuesday at the Paris Air Show is the latest step towards a Chinese-made large commercial airplane.
The Chinese come to the Paris Air Show as both the world’s largest purchaser of jetliners and a budding manufacturer projected by some to one day challenge the dominance of Boeing and Airbus.
The aerospace sector is “closer to the beginning than the end” of an upswing in orders, the chief executive of Boeing told CNBC Monday.