European equities closed higher on Monday after a negative start, boosted by strong trading on Wall Street, plus euro zone trade surplus data.» Read More
SAO PAULO, Nov 26- Airbus aims to have more airliners operating in Latin America than its U.S. rival Boeing for the first time next year, the European company's top executive in the region said on Tuesday. Airbus expects its fleet will make up 52 percent of the two companies' total aircraft in the region in 2014 after outselling Boeing in five of the last six years.
The strong euro has weighed on Lufthansa's earnings this year, but its chief executive said the ECB should not intervene to weaken the currency.
Reports that Emirates Airline was poised to sign a $30 billion 100-jet deal with Boeing drew a swift refusal to comment from the carrier on Monday.
High-flying Conatus Capital has poached talent from other leading investment managers in the last few months, including SAC and GLG.
While the global economy has begun to recover since 2008, the business jet market is still struggling, according to research from Citigroup.
Airbus announced it had won its first jet order from Japan Airlines on Monday, breaking into the last major aviation market dominated by rival Boeing.
German airline Deutsche Lufthansa announced its largest-ever aircraft order on Thursday, worth 14 billion euros ($19.0 billion).
EADS is opting out of bidding on some U.S. weapons programs as it adjusts to cuts in U.S. defense spending, and it expects flat to lower revenue in defense business in coming years.
The U.S. is becoming one of the lowest-cost countries for manufacturing in the developed world, indicating a renaissance of the goods-producing sector.
Europe's EADS on Wednesday confirmed plans to reorganize in three divisions and change its name to Airbus, adopting the look and feel of its arch-rival Boeing in a bid to become more competitive.
European shares closed slightly lower on Friday after posting four days of successive gains, with weak data from the euro zone showing that its economic recovery still hangs in the balance.
The City by the Bay is preparing to host the America's Cup, and some wonder if it's worth the expense. The cost to taxpayers could top $22 million, but Mayor Ed Lee says fundraising is on track.
Boeing is a best-in-class stock with great management and competitive position, CNBC's Jim Cramer said.
European aerospace companies called on Europe to launch its own independent drone program to equip armies across the continent.
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.
U.K. aerospace giant BAE Systems must adjust its cost-base, according to newly appointed chairman, Roger Carr.
European shares pared losses to close at five-year highs on Tuesday, after influential hedge fund manager David Tepper told CNBC he is "definitely bullish" on stocks.
China's decision to ease a boycott of some $11 billion in Airbus jet orders followed a high-level appeal from the planemaker urging Beijing to recognize its support over a trade row with Europe.
European shares closed lower on Wednesday on worries about slowing growth and rumors of a credit downgrade for Germany curbing investor sentiment.
French media group Lagardere Tuesday said it has sold its entire 7.4% stake in European Aeronautic Defence & Space Co EADS through a private placement for 2.28 billion euros.