European shares closed lower on Wednesday, as investors reacted to fresh sanctions against Russia, big-name earnings and U.S. GDP.» Read More
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.
WARSAW, Feb 26- The Polish army will this year pick a supplier for 70 battlefield support helicopters, the defence ministry said on Wednesday, confirming an earlier report in the Rzeczpospolita daily newspaper.
TOULOUSE, France, Feb 26- Airbus announced a hike in jetliner production as it unveiled higher 2013 profits, clouded by cautious forecasts for the coming year and fresh charges for its newest A350 model.
WARSAW, Feb 26- The Polish army will this year pick a supplier for 70 battlefield support helicopters worth around 8 billion zlotys, Poland's deputy defence minister was quoted as saying by the Rzeczpospolita daily newspaper on Wednesday.
Twenty years after it entered service, the 250 to 300- seat jet has repeatedly been pronounced dead by rival Boeing but refuses to lie down, outliving its A340 sibling and surviving for now the arrival of lighter new jets like Boeing's 787 and the A350.
The CEO of BlackBerry has told CNBC that the value of its BBM messaging service comes from its high level of engagement.
Feb 21- U.S. aerospace companies are seeking permission to sell airliner parts to Iran for the first time in three decades, in a key test of the temporary relief on sanctions given under talks to curtail Iran's nuclear activities.
BRUSSELS/ WASHINGTON, Feb 20- U.S. airlines have stepped up the pressure on EU countries not to enforce emissions law in the latest twist to an international row over aircraft pollution.
BRUSSELS/ WASHINGTON, Feb 20- U.S. airlines have stepped up the pressure on EU countries not to impose fines for alleged breaches of emissions rules in the latest twist to an international row over aircraft pollution.
PARIS, Feb 20- Record demand for new jet engines and stronger than expected maintenance activity for those already flying lifted profits at Safran last year and the French group said it expected that growth to continue.
LONDON, Feb 19- British defence contractor BAE Systems has finally agreed pricing with Saudi Arabia on its long-delayed Eurofighter Typhoon jet deal with the Gulf state, potentially leading to more contracts across the region.
*MAS waiting for govt approval to order up to 100 aircraft from Boeing, Airbus. SINGAPORE, Feb 19- Loss-making Malaysia Airlines is waiting for government approval to place a multi-billion dollar order for up to 100 Airbus and Boeing passenger aircraft, two people familiar with the negotiations told Reuters, a move aimed at boosting its profitability.