BRASILIA, Feb 27- Brazil is hoping to sell its upcoming KC-390 military cargo plane to Sweden as part of a $4.5 billion deal to buy 36 Gripen fighter jets made by Swedish company Saab AB. Embraer's new jet is set for its first flight by the end of the year and has received early commitments for orders from Brazil, Argentina, Colombia and Chile.» Read More
Fadi Ghandour's success as an entrepreneur has been the focus of several case studies. He shares some of his insights in this exclusive interview.
In an exclusive interview, Fadi Ghandour explains how the turmoil in the Middle East helped create opportunities for ARAMEX over the years, and which frontier markets are next on his list.
*NASA now has second U.S.-based supply line to station. CAPE CANAVERAL, Fla., Oct 22- Virginia- based Orbital Sciences Corp completed a successful test mission at the International Space Station on Tuesday, clearing the firm to begin regular cargo runs for NASA under a $1.9 billion contract.
The slowdown won't affect financial forecasts for Boeing, analysts said, because production of the jet is so limited. Analysts expect Boeing to report solid third-quarter results on Wednesday, and many predict its stock, currently at record levels, will continue climbing. The decision also reflects Boeing's prescience in deciding to build the 787 a decade ago.
SAO PAULO, Oct 1- Grupo BTG Pactual SA led Brazil's mergers and acquisitions rankings in the first nine months as Chief Executive Officer André Esteves' focus on advising fast-growing segments translated into almost $4 billion worth of announced deals in the July-September period alone.
*Launches for NASA, commercial, military pending. Perched on top of the rocket was a small science and communications satellite called Cassiope, built by MDA Corp of Canada. Ten of those missions are to fly cargo to the International Space Station for NASA.
LONDON, Sept 24- Airbus revised higher its long-term demand forecast by 3.6 percent on Tuesday, saying the aviation industry would need 29,226 new passenger and freight jets worth $4.4 trillion over the next 20 years, led by growth in Asia.
*Cites weaker growth in parts of Asia, air freight slowdown. Sept 23- Global airlines cut their 2013 industry profit forecast by 8 percent to $11.7 billion on Monday, citing weaker growth in parts of Asia and a worsening slowdown in freight demand.
Sept 23- Global airlines cut their 2013 industry profit forecast by 8 percent to $11.7 billion on Monday, citing weaker growth in parts of Asia and a worsening slowdown in freight demand.
PARIS, Sept 16- The new chief executive of Air France-KLM will unveil on Wednesday a cost-cutting plan including staff reductions of around 2,600-3,000, according to Les Echos newspaper. CEO Frederic Gagey is also expected to announce the phasing out of Boeing's 747 by 2016, starting with cargo planes, the paper said without citing sources.
Jeffrey Schwartz, Co-Founder & Chairman of Executive Committee of Global Logistic Properties weighs in on Abenomics. He says Abe should push for a cut in Japan's corporate tax rate.
Boeing shares dropped sharply Friday after a fire broke out at London's Heathrow Airport on one of the aerospace giant's troubled Dreamliner planes.
Rivals Boeing and Airbus have become more cautious about estimating delivery times for new aircrafts, as both grapple with delivery backlogs, because of production difficulties.
Ryanair CEO Michael O'Leary finalized an order for 175 Boeing 737-800 aircraft at the Paris Air Show but he said he was disappointed that neither Boeing nor Airbus could offer him a few more seats on their single-aisle planes to allow for cheaper fares.
In a week that has seen Boeing's Dreamliner meet its new challenger in the form of the Airbus A350, the U.S. firm maintains that the new European aircraft will not affect its share of the wide body market.
Bombardier Commercial Aircraft's President says the Canadian aircraft manufacturer is bullish on the BRIC nations as it details its new CSeries planes at the Paris Air Show, hoping to take advantage of a gap in the market.
As trade between African nations rises, there is also a growing need for fast, efficient travel between countries. Yet air transport links remain under-developed.
After an opening day at the Paris Air Show that saw Airbus announce an impressive amount of orders, Boeing fought back on Tuesday with a raft of orders and the launch of the latest in the line of 787 Dreamliners, the 787-10.
Boeing and Airbus showcase their new wide-bodied planes at the 2013 Paris Air Show.
Big finance waded into a rain-soaked Paris Airshow with more than $10 billion in orders for jumbo passenger jets as planemakers duelled over strategy for large aircraft.