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European Aeronautic Defence and Space Company EADS NV

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  • 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...

  • PARIS, Nov 6- The French government and the top private shareholder in Thales, Europe's largest defence electronics firm, are split over how to pick a successor to departing Chief Executive Jean-Bernard Levy, people familiar with the matter said. External candidates include Antoine Bouvier, chief executive for the past seven years at MBDA, a missile maker owned...

  • ISTANBUL/ PARIS, Nov 6- Turkey's Atlasjet has reached a preliminary deal with European planemaker Airbus to buy around 30 aircraft worth $3 billion at list prices as it expands in eastern Europe and central Asia, two people familiar with the matter said. A spokesman for Airbus, the planemaking unit of Airbus Group, said: "We do not comment on confidential...

  • ISTANBUL/ PARIS, Nov 6- Turkey's Atlasjet has reached a preliminary deal with European planemaker Airbus to buy around 30 aircraft worth $3 billion at list prices as it expands in eastern Europe and central Asia, two people familiar with the matter said. The tentative agreement covers current-generation A321ceo jets, but the number of units and other details...

  • French lawmakers seek clarity on Qatar tax breaks Thursday, 6 Nov 2014 | 7:09 AM ET

    PARIS, Nov 6- The finance committee of the French parliament has called for a report by mid-2015 on controversial tax breaks on property deals granted to states including Qatar, France's closest Gulf ally. In Qatar's case the concessions were granted by ex-president Nicolas Sarkozy in 2008 and exempt Qatari investors from taxes on profits made when they sell...

  • PARIS, Nov 6- Airlines in China and East Asia have ordered too few passenger jets, leasing company CIT Aerospace said, striking a contrast with recent industry warnings of an aviation capacity glut. They have missed opportunities to get new technology aircraft at close dates from the manufacturers directly, " Steve Mason, vice president of CIT Aerospace, a...

  • BEIJING, Nov 6- China Aircraft Leasing Group Holdings said on Thursday it had signed a provisional deal with Airbus Group NV to buy 100 planes valued at about $10.2 billion. The order includes 74 of Airbus' A320neo planes, it said in a stock exchange filing. Despite a recent economic slowdown, China is the world's fastest-growing aviation market and is set to...

  • PARIS, Nov 6- Airlines in China and East Asia have ordered too few passenger jets, leasing company CIT Aerospace said, striking a contrast with recent industry warnings of an aviation capacity glut. "China and that region of Asia have not got enough orders. They have missed opportunities to get new technology aircraft at close dates from the manufacturers...

  • LONDON, Nov 4- British engineer Rolls-Royce plans to cut 2,600 jobs to save money and has replaced its finance director, aiming to restore confidence following two profit warnings in eight months. Rolls-Royce, which dates back to 1884 and has around 55,000 staff worldwide, has traditionally had lower margins than market leader General Electric, meaning it can...

  • *Boeing, Airbus and Lufthansa provided support. TEL AVIV, Nov 3- The Boeing 737 narrow-body jet has been certified in Europe and Israel for airport towing by the TaxiBot system developed by Israel Aerospace Industries and its partners, the state-owned Israeli company said on Monday. Boeing and Airbus provided support for the project, which is expected to begin...

  • Oct 31- Spirit AeroSystems Holdings Inc, a supplier to Boeing Co, reported a better-than-expected quarterly profit, helped by higher margins, and the company raised its full-year profit forecast for the second time as planemakers boost production. Boeing and Airbus, which also sources parts from Spirit, now buy about two-thirds of the planes' content from...

  • Spirit AeroSystems profit up 79 pct Friday, 31 Oct 2014 | 7:54 AM ET

    Oct 31- Spirit AeroSystems Holdings Inc, which makes parts for Boeing Co and Airbus Group NV, reported a 79 percent rise in quarterly profit and raised its full-year profit forecast. Spirit's net profit rose to $168 million, or $1.20 per share, in the third quarter ended Oct. 2, from $93.7 million, or 65 cents per share, a year earlier. The company raised its full-year...

  • Although Paris- listed, the firm has less than a quarter of its employees in France, while a majority of its shareholders are to be found outside the country. However, comments from the ex-CEO himself and sources close to the board made clear that his decision to move to Boston from Paris in June, and to consider cutting jobs in France without sharing the ideas at the...

  • NEW DELHI, Oct 28- Europe's Airbus and India's Tata Sons have bid for a multi-billion dollar contract to replace the Indian Air Force's aging fleet of Avro cargo planes, as New Delhi looks to boost the role of the local private sector in modernizing its armed forces. Under the bid, estimated by analysts to be worth at least $2 billion, Airbus' Defense and Space unit and...

  • PARIS, Oct 23- The outgoing head of France's Thales sought to reassure investors that a new global focus at the aerospace and defense group was irreversible, as he unveiled his last quarterly figures containing a boost from developing economies. Thales, 26 percent owned by the French state and 25 percent by Dassault Aviation, also said on Thursday its sales fell 3...

  • *Airbus seen aiming for' A380neo' debut 2022-23. BERLIN/ PARIS, Oct 23- The case for developing new engines for a sales-boosting upgrade to Airbus's A380 passenger jet has been called into question by a partner in one of the planemaker's engine suppliers. A lean sales patch has increased pressure on Airbus to bow to the demands of its biggest customer- Dubai's...

  • *Safran says comfortable with profit target. PARIS, Oct 23- France's Safran posted solid third-quarter sales and said it would easily meet 2014 profit forecasts on Thursday, pushing its shares up as aerospace investors put aside recent concerns over the economy. Safran and GE are equal partners in CFM International, the world's largest maker of jet engines by...

  • Boeing books first sales to Iran since 1979 Wednesday, 22 Oct 2014 | 3:21 PM ET

    SEATTLE, Oct 22- Boeing said on Wednesday it had sold aircraft-related goods to Iran Air in the third quarter, marking the first acknowledged dealings between U.S. aerospace companies and Iran since the 1979 U.S. hostage crisis. The sales did not include spare parts for aircraft, which were thought to be likely since Iran Air's fleet of planes includes vintage...