Boeing and Ryanair plan to make a fleet announcement, following reports Ryanair is set to place a $10 billion order with Boeing.» Read More
NEW YORK, March 26- Former employees of Spirit Aerosystems Holdings Inc, a major supplier to plane makers Boeing and Airbus, filed charges with federal agencies on Wednesday alleging that Spirit illegally used health care information to target those who were costing the company most for layoffs.
Esmail Sharaf, Vice Commercial Manager, told Reuters that Kinda Airlines will operate out of Damascus International airport and the coastal city of Latakia. It aims to fly to more than 10 destinations within a year, including the United Arab Emirates, Kuwait, Iraq, and "hopefully Lebanon and Jordan".
At the same ceremony Airbus is set to agree the sale to China of at least 150 aircraft worth $20 billion, and possibly as many as 200, in a deal that could include both planes and helicopters.
PARIS, March 25- France will use a visit from China's President this week to seek tighter business links to the world's number-two economy in a bid to boost its own anaemic one, signing big-ticket industry deals and working to cut its trade and investment deficits.
BEIJING, March 25- O-Bay Aircraft Co, a privately owned Chinese firm based in Henan province, has signed a $3.5 billion deal with Russia's Sukhoi Civil Aircraft to buy 100 SSJ-100 regional jets, a Chinese executive said on Tuesday.
France will pull out all the stops for the Chinese President’s visit, and wine-makers want a slice of the pie.
WASHINGTON, March 24- South Korea on Monday became the 10th country to choose Lockheed Martin Corp.' s F-35 fighter jet to replace aging warplanes, a boost for the Pentagon's biggest weapons program at a time when Italy, Canada and other countries are rethinking their procurement plans.
SANTIAGO, March 24- Airbus believes it can eventually drive its Latin American market share up to 65 percent, although it is not in talks to sell its A380 superjumbo in the region, the company's Latin American president told Reuters on Monday.
European stocks closed lower on Wednesday, with concerns over China's economy and a fall in Credit Suisse shares driving declines.
The CEO of BlackBerry has told CNBC that the value of its BBM messaging service comes from its high level of engagement.
The president and CEO of Airbus has told CNBC that the planemaker will be back at the number one slot in terms of aircraft deliveries.
Airbus CEO Fabrice Bregier hopes the European Central Bank (ECB) will advance its efforts to support the region's economy in 2014, he told CNBC.
European equities closed lower on Wednesday after a U.S. budget deal added to expectations the Fed will scale back stimulus soon.
European aerospace group EADS has announced plans to cut 5,800 jobs at its Airbus Defence and Space Unit by the end of 2016.
European equities closed higher on Monday after a negative start, boosted by strong trading on Wall Street, plus euro zone trade surplus data.
Dubai flag carrier Emirates will buy more Airbus A380 superjumbos, the airline's chairman said at the opening of the Dubai Airshow.
Boeing said it has no plans to reopen talks with a union representing Washington workers who have rejected a labor contract linked to its newest jet.
Airlines are using new seat designs that allow an extra row of seats into economy cabins and, in some cases, an extra seat into existing rows.
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.