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Airbus Group NV

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  • SINGAPORE, Nov 27- Indonesia's Lion Group is buying an additional 40 aircraft from ATR for $1 billion at list prices, the companies said, in a move that will make Lion the biggest customer of the European manufacturer. Kirana's Lion Air, Indonesia's biggest and one of the world's fastest-growing airlines, has captured global attention with record purchases of...

  • SINGAPORE, Nov 27- Indonesia's Lion Group is expected to sign a deal on Thursday to buy about 40 ATR 72-600 aircraft for nearly $1 billion at list prices, a source familiar with the matter said on Thursday. Despite rival airlines deferring orders, Lion co-founder Rusdi Kirana is pushing forward with expansion plans and placing new plane orders to serve...

  • Safran opens composites plant for LEAP jet engine Monday, 24 Nov 2014 | 9:54 AM ET

    COMMERCY, France, Nov 24- French President Francois Hollande on Monday inaugurated a $200 million Safran plant in eastern France designed to make carbon-composite parts for its new LEAP aircraft engine. LEAP is the latest engine produced by the CFM International joint venture between Safran and General Electric, and will power the next generation of Boeing...

  • SEATTLE, Nov 20- Boeing Co has no plans to extend the range of its forthcoming 737 MAX 9 jetliner in response to Airbus Group's move to offer a long-range version of its competing A321 aircraft, a senior Boeing executive said on Thursday. Last month, Airbus said it would add fuel tanks to the A321neo to increase its range, targeting a market niche left open by the...

  • Nov 20- Delta Air Lines Inc confirmed on Thursday a $14 billion order for 50 widebody jets from Airbus Group NV, a victory for the European planemaker that replaces older generation aircraft from Boeing Co in Delta's fleet. It follows a closely fought competition with Boeing, which had offered its 787 Dreamliner. Airbus emerged as the front-runner in part after...

  • YEKATERINBURG/ MOSCOW, Russia, Nov 20- Russia's VSMPO-Avisma, the world's largest titanium producer, dismissed concerns on Thursday that its output could be affected by a mine accident suffered by its main raw material supplier, Uralkali. VSMPO, whose biggest customers are Airbus and Boeing, said it had enough stocks of carnallite ore, a raw material used in...

  • UPDATE 1-Delta to buy 50 wide-bodied Airbus jets - sources Wednesday, 19 Nov 2014 | 10:07 PM ET

    PARIS/ SEATTLE, Nov 20- European planemaker Airbus has won a crucial order worth roughly $14 billion at list prices from Delta Air Lines for 50 long-haul, wide-bodied jets, three people familiar with the matter said. Airbus emerged as the front-runner in part after it became clear its revamped A330neo could be delivered earlier than Boeing's temporarily...

  • Delta to buy 50 wide-bodied Airbus jets - sources Wednesday, 19 Nov 2014 | 8:08 PM ET

    PARIS, Nov 20- European planemaker Airbus has won an order worth roughly $14 billion at list prices from Delta Air Lines for 50 long-haul, wide-bodied jets, two people familiar with the matter said. Airbus emerged as the front-runner after it became clear its revamped A330neo could be delivered earlier than Boeing's temporarily sold-out 787 Dreamliner, one of...

  • Nov 19- JetBlue Airways Corp announced new checked baggage fees on Wednesday and plans to stuff more seats into its aircraft, prompting praise from Wall Street, but a chorus of criticism from consumers. They had widely expected changes at JetBlue once it was announced two months ago that president Robin Hayes would take over as chief executive in February.

  • Nov 19- JetBlue Airways announced Wednesday that it will charge certain customers for their first checked bag, yielding to pressure from analysts who criticized the airline for not adding fees in step with other carriers. In particular, they show that new strategies have landed at JetBlue since it announced two months ago that its president Robin Hayes will...

  • *After record orders, Airbus reshapes for higher output. PARIS, Nov 19- An industrial drumbeat is picking up in European aircraft factories as Airbus borrows a new range of carmaking strategies to keep pace with record demand. The transformation underpins one of the toughest challenges faced by Airbus in its 44- year history: switching to a new model of...

  • SEATTLE, Nov 18- Airbus is aiming to deliver the first A350 jetliner around Dec. 12, with customer Qatar Airways being the first recipient, a representative of the airline said on Tuesday. The A350, Airbus' newest plane and made with carbon-fiber composite fuselage, is a direct competitor to Boeing's composite 787 Dreamliner. Airbus has booked 750 orders for the...

  • Airbus applies to patent 'flying saucer' plane Monday, 17 Nov 2014 | 6:30 AM ET
    The Airbus patent design

    Airbus is hoping to patent a new plane that looks more like a doughnut or flying saucer than the usual passenger plane.

  • UPDATE 2-Virgin America soars in market debut Friday, 14 Nov 2014 | 11:26 AM ET

    Nov 14- Shares of Virgin America Inc, a low-cost airline partly owned by Richard Branson, soared almost 30 percent in their market debut, underscoring the buoyant mood in an industry that is emerging from a long spell of turbulence. At the high, the stock was trading 8.08 times 2013 earnings per share, compared with Southwest Airlines Co's multiple of 37.43 and...

  • UPDATE 1-Virgin America soars in debut Friday, 14 Nov 2014 | 10:33 AM ET

    Nov 14- Shares of Virgin America Inc, a low-cost airline partly owned by Richard Branson, soared as much as 28 percent in their market debut, underscoring the buoyant mood in an industry that is emerging from a long spell of turbulence. Virgin America's shares rose to a high of $29.48 on Friday, valuing the company at about $1.3 billion. Virgin America is the U.S....

  • PARIS, Nov 14- Airbus Group reported a stronger-than-expected 12 percent rise in nine-month underlying operating profit on Friday, led by its planemaking and helicopter divisions, and reaffirmed its profit forecasts for the year. Airbus said it had run into delays in enhancing the military capabilities of the A400M and that a clause allowing buyers to cancel...

  • Airbus Group reports profit hike, keeps targets Friday, 14 Nov 2014 | 1:25 AM ET

    Airbus Group reported a 12 percent rise in nine-month underlying operating profit, and reaffirmed its profit forecasts for the year.

  • PARIS, Nov 13- Indonesia's Lion Group is pushing forward with revived plans for a 2016 initial public offering now designed to fund an airport vital to securing its growth, chief executive Rusdi Kirana said. The 51- year-old former travel agent captured international attention when he announced record purchases of jets from Boeing and Airbus to serve...

  • PARIS, Nov 13- Indonesia's Lion Group is pushing forward with revived plans for a 2016 initial public offering now designed to fund an airport vital to securing its growth, Chief Executive Rusdi Kirana said. The owner of one of the world's fastest-growing airlines, Lion Air, is also close to placing an order for Airbus A330 wide-body jets, which it plans to use for...

  • ZHUHAI, China Nov 12- Canada's Bombardier Inc could design and build passenger jets in China as an extension of a two-year-old development and sales deal with the country's main state-owned planemaker, a senior executive told Reuters. When the first phases of the 2012 accord with Commercial Aircraft Corp of China are complete, it may be natural to "do something...