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June 19- FedEx Corp reported a higher-than-expected quarterly profit on Wednesday, sending its shares higher, but the world's biggest air-freight company said it was cutting more capacity between the United States and Asia.
June 19- FedEx Corp said on Wednesday it was cutting its capacity between the United States and Asia, sending its shares lower on concerns about future growth, even as the world's biggest air-freight company posted a stronger-than-expected profit.
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.
Accenture has already noticed that change is in the air for the week ahead in Le Bourget. Four stories in particular underscore the significant changes taking place within the aviation industry.
In the heated battle for leadership in commercial airplanes Boeing and Airbus believe they are positioned to have strong showings at the Paris Air Show.
Europe's newest passenger jet successfully began its maiden flight on Friday.
A few years ago the lion's share of "action" in the aerospace industry was focused on military aircraft, but now the balance of power has tipped to the commercial side, according to an expert.
New guidelines from India proposing that pilots should be allowed to sleep on planes raises the issue once more of whether pilots should be allowed rest and whether they are overworked.
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.
After a lackluster few years for the air cargo industry, the CEO of Cathay Pacific Airways told CNBC he expects a recovery in global demand to rejuvenate the flagging sector.
Federal regulators have approved a Boeing plan to redesign the 787 Dreamliner's batteries, though extensive testing will be needed before the planes can fly passengers again.
United Airlines is keeping the grounded Boeing 787 Dreamliner off its schedule at least through mid-May.
Jeffrey Schwartz, Deputy Chairman at Global Logistic Properties reports a 30.7% rise in Q3 net profits and is optimistic about the company's outlook. He speaks about the company's J-Reit listing in Tokyo.