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  • Malaysian premier: plane debris to be sent to France Thursday, 30 Jul 2015 | 12:32 AM ET

    SAINT-ANDRE, Reunion— A barnacle-encrusted wing part that washed up on a remote Indian Ocean island could help solve one of aviation's greatest mysteries, as investigators work to connect it to the Malaysia Airlines flight that vanished more than a year ago. The surprise discovery of the debris on a rocky beach stirred hopes and emotion among families of the...

  • WASHINGTON, July 29- Boeing Co Chairman Jim McNerney on Wednesday said the aircraft maker was actively considering moving "key pieces" of its operations to other countries given the uncertainty of the future of the Export-Import Bank, whose charter expired on June 30. Its charter lapsed after conservatives in the U.S. Congress cast it as a promoter of "crony...

  • WASHINGTON, July 29- Boeing Co Chairman Jim McNerney said on Wednesday the aircraft maker was actively considering moving "key pieces" of its operations to other countries given the uncertainty about the future of the Export-Import Bank, whose charter expired on June 30. Its charter lapsed after conservatives in the U.S. Congress cast it as a promoter of "crony...

  • July 29- Spirit AeroSystems Holdings Inc reported a better-than-expected quarterly profit and said it would buy back up to $350 million of its stock, indicating that it has finally put years of losses from its Gulfstream business behind it. Spirit, which makes fuselages and propulsion systems for Boeing Co and Airbus Group SE, raised its full-year free cash...

  • UPDATE 1-Spirit AeroSystems profit rises as costs fall Wednesday, 29 Jul 2015 | 8:49 AM ET

    July 29- Aircraft parts maker Spirit AeroSystems Holdings Inc reported a better-than-expected quarterly profit as costs fell and said it would buy back up to $350 million of stock. The company, which makes fuselages and propulsion systems for Boeing Co and Airbus Group SE, said total expenses fell 7.5 percent to $1.47 billion in the second quarter from a year...

  • YEKATERINBURG, Russia, July 29- Russia's VSMPO-Avisma, the world's largest titanium producer, plans to increase its capacity by one third by 2020 from the current 30,000 tonnes per year, Mikhail Voevodin, the firm's chief executive, said. Airbus and Boeing are its largest customers. According to the CEO, the company's revenue may, however, rise by 23 percent to 67.6...

  • French state-controlled Nexter Systems and privately-held Krauss-Maffei Wegmann GmbH& Co KG of Germany have been in exclusive tie-up talks for more than a year. One apparent sticking point had been the reported preference of German Vice-Chancellor Sigmar Gabriel for an all-German merger of KMW with automotive and defense group Rheinmetall designed to...

  • PARIS, July 28- France is confident of winning two more foreign orders for its Rafale fighter jet by the beginning of next year as it seeks to extend a spate of recent export successes, a source familiar with the matter said on Tuesday. After failing for years to win an order for its warplane, France has sold 24 Rafales each to Egypt and Qatar in recent months and is in...

  • PARIS, July 28- Airbus Group is increasingly confident it can reach the upper end of its target for deliveries of A400M military transport planes this year despite a recent accident that interrupted deliveries, a senior executive told Reuters. Airbus has said it aims to deliver between 14 and 18 of the troop and cargo aircraft in 2015.. Airbus has so far this year...

  • BEIJING, July 28- Air China Ltd said on Tuesday it aims to raise up to 12 billion yuan in a private placement of A-shares to help fund the purchase of 15 Boeing planes and upgrade its direct sales service. The new B787 Dreamliners, worth 24 billion yuan in list prices, will fly long-haul routes to North America and Europe, Air China said in a stock exchange filing.

  • BEIJING/ SHANGHAI, July 28- China Eastern Airlines plans to work with new investor Delta Air Lines to expand its global footprint beyond China-U.S. routes, an executive from the Shanghai- based carrier said. While the airlines will deepen their ties on trans-Pacific routes, there is scope to work in other regions such as Europe, James Wang, China Eastern's board...

  • SEATTLE, July 24- Boeing Co, which loses about $23 million on every 787 Dreamliner passenger jet that leaves the factory, is trying to stem the losses by cutting the use of one of its signature ingredients: titanium. The strong, lightweight alloy used extensively on the 787 costs seven times more than aluminum, and accounts for about $17 million of the cost of the $260...

  • SEATTLE, July 24- Boeing Co, which loses about $30 million on every 787 Dreamliner passenger jet that leaves the factory, is trying to stem the losses by cutting the use of one of its signature ingredients: titanium. The strong, lightweight alloy used extensively on the 787 costs seven times more than aluminum, and accounts for about $17 million of the cost of the $260...

  • LE VERNET, France— The families of those killed in the Germanwings plane crash released white balloons into the air Friday, holding a ceremony in the French Alpine village exactly four months after the plane's co-pilot crashed the Airbus 320 into a nearby mountain. French prosecutors say co-pilot Andreas Lubitz locked the pilot out of the cockpit on the March...

  • Rockwell customers Boeing Co and Airbus Group SE have cranked up production to meet growing demand, which Boeing estimates will double by 2033 from 2013.. Cedar Rapids, Iowa- based Rockwell narrowed earnings per share forecast to $5.15- $5.25 from $5.10- $5.30 for the full year. Net income rose to $178 million, or $1.33 per share, in the third quarter ended June 30,...

  • FRANKFURT, July 23- German defence group Rheinmetall and French peer Thales are among several groups interested in a defence electronics business that plane maker Airbus is selling in an effort to streamline its operations, sources familiar with the transaction said. The two companies as well as U.S.-based Raytheon and a number of private equity groups...

  • July 22- Boeing Co reported a better-than-expected quarterly profit, helped by booming demand for commercial aircraft. The results include a $536 million charge to account for problems with the fuel system on the KC-46A aerial refueling tanker it is developing for the U.S. Air Force. Boeing has said the program remains on track for delivering the initial 18...

  • Foreign investors try to tap into Iran Monday, 20 Jul 2015 | 1:00 AM ET

    LONDON/ NEW YORK, July 20- A few investors are racing to establish funds for Iran following last week's nuclear deal with world powers, and many others are tapping into multinationals already present in the $400 billion economy. Brokerage Renaissance Capital predicts $1 billion will flow into Iran in the first year after sanctions end, although that is not...

  • WASHINGTON, July 17- Boeing Co said on Friday it will take a $536 million after-tax charge in its second-quarter results to deal with problems in the fuel system on the KC-46A aerial refueling tanker it is developing for the U.S. Air Force. The world's biggest commercial planemaker, which is also a major defense contractor, beat European rival Airbus to win the...

  • July 16- Zodiac Aerospace said it is considering moving machinery from a U.S. factory crippled by a powerful explosion on Tuesday so that it can continue making aircraft interior composite panels needed by the booming aviation industry. Airbus did not immediately respond to requests for comment. Boeing and Airbus are churning out more than 100 jetliners a...