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  • Seattle/ Paris April 16- The jumbo jet, for many years the workhorse of modern air travel, could be close to running out of runway. Sales forces at Airbus Group NV and Boeing Co are fighting for potential orders plane by plane as they seek to keep production going beyond the end of the decade, said other aviation market sources. Airbus has said it is also considering a...

  • Airbus plans exceptional 10 pct buyback, new legal status Wednesday, 15 Apr 2015 | 5:23 PM ET

    PARIS, April 15- Airbus Group will ask shareholders to approve an exceptional share buyback of up to 10 percent of its capital at its annual meeting on May 27, the aerospace group said on Wednesday. Airbus is also pressing ahead with previously announced plans to adopt " European Company" status. Holding company Airbus Group N.V. would be renamed Airbus Group SE and...

  • Use airplane Wi-Fi? Why it may not be secure Wednesday, 15 Apr 2015 | 5:01 PM ET
    An employee demonstrates wireless Internet capabilities on a screen in the first-class cabin aboard an American Airlines airliner at Hong Kong International Airport.

    Hackers may be able to access plane controls in some commercial jets, but it may not pose an imminent threat, experts told CNBC.

  • PARIS/ BERLIN, April 8- Airbus plans to offer airlines more choice in the way they configure their planes, and sees carriers opting for different levels of comfort within their economy cabins, a senior Airbus executive said on Wednesday. It also plans to redefine the capacity of its wide-body jets to add premium economy to the traditional economy and business...

  • Lapsed tenders hurt Modi's defense industry push Tuesday, 7 Apr 2015 | 8:12 PM ET
    India's Prime Minister, Narendra Modi.

    Indian firms have spurned $15B in tenders to make weapons since 2013, a blow to Prime Minister Narendra Modi and his drive to wean the country off imported arms.

  • *Modi tired of India being world's biggest arms importer. NEW DELHI, April 8- Indian firms have spurned some $15 billion worth of government tenders to make a range of weapons since 2013, Defense Ministry officials say, in a blow to Prime Minister Narendra Modi and his drive to wean the country off imported arms. Irked by India's status as the world's biggest arms...

  • PARIS, April 7- U.S. planemaker Boeing beat its European rival Airbus in net new airplane orders and deliveries in the first quarter, according to figures released on Tuesday. Airbus said it had booked gross orders of 121 aircraft between January and March, beating Boeing's total of 116.. In the first quarter, the bulk of Airbus's new business fell in March when Air...

  • NEW YORK, April 6- The International Association of Machinists and Aerospace Workers said on Monday it had temporarily withdrawn its application to organize flight attendants at Delta Air Lines. The IAM also is seeking to organize workers at Boeing Co facilities in South Carolina and Airbus Group NV facilities in Alabama. A vote by Boeing workers is set for...

  • NEW YORK, April 6- The International Association of Machinists and Aerospace Workers said on Monday it had temporarily withdrawn its application to organize flight attendants at Delta Air Lines. The union also is seeking to organize workers at Boeing Co facilities in South Carolina and Airbus Group NV facilities in Alabama. A vote by Boeing workers is set for...

  • April 2- United Technologies Corp said it brought back Robert Leduc to be president of its Sikorsky helicopter unit, which the company is planning to spin off. Leduc had retired from United Tech, which makes parts for Boeing Co and Airbus, in 2014 after a 35- year stint at the company. The appointment, effective immediately, comes less than a month after United Tech...

  • PARIS, March 31- Euro zone shares are enjoying their best first-quarter performance in 17 years as global investors pour money back into the region on expectations the European Central Bank's asset-buying scheme will spark a corporate profit renaissance. The Euro STOXX index, including euro zone shares such as brewer Anheuser-Busch InBev and planemaker...

  • Air crash payouts: How they work Monday, 30 Mar 2015 | 1:12 AM ET
    Debris of the Germanwings Airbus A320 at the crash site in the French Alps.

    In the wake of Tuesday's plane crash, Lufthansa may already be offering settlements to the families of the 150 passengers who were killed.

  • *Named as Andreas Lubitz, a German citizen. Andreas Lubitz gained sole control of the aircraft after the captain left the cockpit, refused to re-open the door and appears to have operated controls, sending the plane into its fatal descent, Marseille prosecutor Brice Robin said. He did this "for a reason we cannot fathom right now but which looks like intent to...

  • Airbus tragedy: Photos from crash site Thursday, 26 Mar 2015 | 8:48 AM ET
    A rescue helicopter from the French Securite Civile flies over the French Alps during a rescue operation after the crash of an Airbus A320, near Seyne-les-Alpes, March 24, 2015.

    As more details surrounding the Germanwings plane crash are revealed, the recovery mission in the French Alps continued Thursday.

  • *Named as Andreas Lubitz, a German citizen. PARIS/ SEYNE-LES-ALPES, March 26- The co-pilot of the Germanwings airliner that crashed in the French Alps killing all 150 people aboard appears to have brought the A320 Airbus down deliberately, the Marseille prosecutor said on Thursday. German Andreas Lubitz, 28, left in sole control of the Airbus A320 after the...

  • SEYNE-LES-ALPES/ PARIS, March 26- Just one of the two pilots of the Germanwings airliner that crashed in the French Alps was in the cockpit at the time it went down, a German state prosecutor said on Thursday. The statement came after the New York Times reported that "black box" recordings showed one of the pilots had left the cockpit and could not get back in before the...

  • *Co-pilot locked out of cockpit- New York Times. *Leaders of France, Germany, Spain visit crash area. The New York Times reported that evidence from the recordings showed that one of the pilots left the cockpit and could not get back in before the flight went down.

  • *Leaders of France, Germany, Spain visit crash area. The development came as French President Francois Hollande, Germany's Angela Merkel and Spain's Mariano Rajoy travelled to the crash site in a remote French Alpine region to pay tribute to the 150 victims, mostly Germany and Spanish. "We have just been able to extract a useable audio data file," BEA director Remi...

  • *Leaders of France, Germany, Spain visit crash area. The development came as French President Francois Hollande, Germany's Angela Merkel and Spain's Mariano Rajoy traveled to the crash site in a remote French Alpine region to pay tribute to the 150 victims, mostly Germany and Spanish. "We have just been able to extract a useable audio data file," BEA director Remi...

  • PARIS, March 25- A warren of laboratories on the outskirts of Paris is where French investigators now face laborious and complex detective work to try to establish what caused a German airline disaster in the French Alps that killed 150 people. The cockpit voice recorder of the Germanwings Airbus A320 arrived on Wednesday at the spartan offices of France's...