*JetBlue to ink pact to continue the service after the sale. *JetBlue shares rise 2.9 pct before the bell. March 13- JetBlue Airways Corp said it would sell its in-flight entertainment business, LiveTV, to French defense company Thales Group for $400 million as it looks to cut costs.» Read More
Russian airline Aeroflot will sign a contract in the next few weeks to buy 22 of Airbus's proposed new long-distance A350 planes instead of Boeing 787 Dreamliners, its chief executive said today.
Continental Airlines said on Monday it ordered five Boeing 787 Dreamliners, worth about $900 million, increasing its orders for the new plane to 25.
China expects to start making homegrown large commercial aircraft by 2020, an aviation industry official said Monday, raising the possibility of future competition for Boeing and Airbus in the country's booming market for new planes.
Here some of Wednesday's big movers on European stock markets: Alliance Boots, WM Morrison, Sainsbury, Tesco, Volkswagen, EADS, Xstrata and Deutsche Postbank.
Airbus parent EADS posted a multimillion euro quarterly loss Friday and warned that Airbus would "display another substantial loss in 2007.” The company blamed a weaker dollar and major delays at its Airbus unit dragged its 2006 profit down.
Boeing has sent engineers to supplier firms to help them stay on schedule as the planemaker works toward a May 2008 first delivery of the all-new 787 to Japan's All Nippon Airways.
Thousands of Airbus workers went on strike at French factories of the European planemaker on Tuesday, protesting against a restructuring plan that has dominated France's presidential election campaign.
In a statement, UPS said it decided to cancel after Airbus halted development work on the freighter to focus on delivery commitments for the A380 passenger plane.
UPS, the world’s largest shipping carrier, said Friday it will cancel its order for 10 Airbus A380 freighters, following delivery delays. The decision will leave the European aircraft manufacturer with no firm orders for its jumbo freighter.
Financially troubled European airplane manufacturer Airbus has stopped work on the freight version of its new A380 superjumbo so it can focus more on the troubled passenger version of the aircraft, a spokesman for its parent company said Thursday.
Airbus confirmed Wednesday that it plans to spin off several manufacturing sites and shed about 10,000 jobs as part of a long-awaited restructuring plan, union officials said. Workers staged stoppages to protest the cuts.
Airbus said Monday it postponed a news conference at which it had been expected to announce its long-awaited restructuring strategy.
Aeroports de Paris, the operator of the French capital's Charles de Gaulle airport, said Wednesday that full-year revenue rose 8.1% as the company benefited from rising passenger numbers.
Defense electronic systems company Thales said Wednesday its revenue was almost unchanged at 10.264 billion euros ($13.37 billion) last year from 10.263 billion euros in 2005, blaming a poor performance of its naval division, currency effects and divestments.
DaimlerChrysler could announce the transfer of shares in European aerospace group EADS to a financial consortium as soon as Friday, industry sources said.
Northrop Grumman and its Franco-German partner EADS will bid against Boeing in a $40 billion U.S. competition for new aerial refueling tankers, Northrop announced today.
The business world has seen numerous individuals put their marriages, careers and good standing at risk for an extramarital dalliance. CNBC.com presents a list of people who went outside of their marriages for intimate relationships.
A top U.S. general in Afghanistan is now under investigation, with CNBC's Eamon Javers. Jeremy Kroll, K2 Intelligence, and Julian Sanchez, Cato Institute, also discuss cyber security.
CNBC's Jane Wells takes a look at the rise of women in companies that used to be dominated by men.