Airbus could sell 100 or more of its newly launched A330neo planes at this week's Farnborough International Airshow, CEO Tom Enders said.» Read More
*Ambitious projects underway in Europe, United States. KUALA LUMPUR, March 21- The ease with which a big jetliner melted into the ether after vanishing from Malaysian radar illustrates an uncomfortable paradox about modern aviation: state-of-the-art airplanes rely on ageing ground infrastructure to tell them where to go.
*Tech shares in focus following Oracle, Adobe results. *Russian President Vladimir Putin has signed a treaty to make it part of Russia, and while no violence was reported as pro-Russian forces took control of part of a Ukraine naval base, investors are concerned that tensions in the region could escalate.
JAKARTA, March 19- Rusdi Kirana, chief executive of Indonesia's largest privately run airline Lion Air, is about to embark on a political career with the unlikeliest of partners, but that won't deter him from growing his business at one of the world's most ambitious paces.
March 19- China is in talks to buy at least 150 Airbus passenger jets potentially worth $20 billion when Xi Jinping pays his first visit to Europe as president at the end of this month, people familiar with the matter told Reuters.
March 19- China is in talks to buy at least 150 Airbus passenger jets potentially worth $20 billion when Xi Jinping pays his first visit to Europe as president at the end of this month, people familiar with the matter said.
SAN DIEGO, March 18- Boeing Co and Airbus are risking over-stressing the fragile aerospace supply chain as they ramp up plane production to unprecedented levels to meet strong demand, one of the world's most influential plane buyers said on Tuesday.
*Jambojet owned by listed airline Kenya Airways. Willem Hondius told Reuters that Jambojet, wholly owned by Kenya Airways, faced red tape, poor infrastructure and protectionist policies, but still promised fares low enough to attract bus travellers into the air for the first time.
TOKYO, March 14- IHI Corp, General Electric's jet engine partner in Japan, may tie up aircraft engine part production with Mitsubishi Heavy Industries Ltd which is more closely aligned with GE's competitors.
Boeing Co, for instance, expects a large percentage of its U.S. workers to retire in a few years and does not see a ready pool of replacements, said Dennis Muilenburg, president and chief operating officer.
*JetBlue likely to use proceeds to fund aircraft delivery- analyst. March 13- JetBlue Airways Corp said it would sell its in-flight entertainment business, LiveTV, to French defense electronics company Thales Group for $400 million as it looks to cut costs.
WASHINGTON, March 7- Top Airbus executives on Friday said they still hoped to expand the company's share of the shrinking U.S. defense market but did not see a large U.S. acquisition target in the near-term.
The cracks have not been found on in-service planes and therefore posed no flight risk, and the problem will not alter Boeing's plans to deliver 110 787 s this year, the Chicago- based aerospace and defense giant said. However, Boeing said the cracks could delay by a few weeks the date when airlines can take delivery of their new planes.
BERLIN, March 6- Europe's Airbus has ordered more frequent inspections of the wings of the world's largest passenger jet after discovering unexpected levels of metal fatigue during testing on an A380 factory mock-up, industry sources said on Thursday.
BEIJING, March 6- China's Juneyao Group, the parent of Juneyao Airlines, is in talks with planemaker Boeing and Airbus about acquiring more than 20 more planes, its chairman said on Thursday.
BEIJING, March 6- China's Juneyao Group, which operates an airline based in the eastern city of Shanghai, is in talks with planemakers Boeing and Airbus to order more than 20 planes, its chairman said on Thursday. The chairman, Wang Junjin, said the planes would be used for a budget carrier Juneyao plans to set up in the near future.
But booming sales of aircraft, far from being a bonanza for suppliers, are spurring brutal competition between Airbus Group NV and Boeing Co, which are demanding better deals from the companies that make billions of parts the factories need.
March 3- Senior Plc, a maker of aircraft parts and auto components, said it expects higher demand in 2014, as big customers Airbus Group NV and Boeing Co look to ramp-up production. Airbus, earlier known as EADS, said last month that it intends to increase production of its jetliners- in stride with arch-rival Boeing's plans.
Feb 28- China Eastern Airlines Corp Ltd has ordered 70 A320neo aircraft, marking a big victory for Airbus, which has been actively marketing the upgraded variant of its popular A320 jet to Chinese carriers. China Eastern also said it signed a separate deal with Airbus to sell back seven used A300-600 jets.
DERBY, England, Feb 26- British engineering company Rolls-Royce has outlined plans designed to maintain long-term dominance in large aircraft engines, showcasing two new models that could improve efficiency by up to 10 percent.
European stocks closed lower on Wednesday, with concerns over China's economy and a fall in Credit Suisse shares driving declines.