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  • *Iran desperately need to refresh fleet aged by sanctions. *Airbus and Boeing could be looking at $20 billion of deals. PARIS/ VIENNA, July 10- Western planemakers look set to reap billions of dollars in deals with Iran, if a deal is done on its nuclear programme to allow one of the world's most promising aviation markets to come out of quarantine.

  • WASHINGTON/ NEW YORK, July 8- Lockheed Martin Corp and Textron Inc have emerged as final contenders to buy United Technologies Corp's Sikorsky Aircraft business, which could be valued at around $8 billion, according to people familiar with the matter. Textron, which has a market capitalization of about $12 billion and is up against a much larger suitor, has...

  • HANOI, July 9- Vietnam's VietJet Air agreed on Wednesday to explore the possibility of buying airplanes from Boeing Co as it signed deals with two other U.S. companies to supply parts and finance for planes built by its European rival Airbus. Vietnam's sole private airline, VietJet has a fleet solely drawn from the A320 family built by Airbus.

  • PARIS, July 6- European planemaker Airbus beat its U.S. rival Boeing on orders in the first half of this year, after a tight contest at last month's Paris Airshow, but remained behind on deliveries, data showed on Monday. Airbus said it had won orders for 382 aircraft in the first six months of the year and delivered 304 planes to customers. At the Paris Airshow, Airbus...

  • PARIS, July 2- Airbus is to help China set up production of aircraft seats and galleys in a move to ease shortages and delays that have threatened disruption to global aircraft production. Planemakers including Airbus, Boeing and Embraer have been wrestling for more than a year with delayed deliveries of aircraft seats or galleys from suppliers including...

  • TOULOUSE, France, July 2- Airbus signed an agreement on Thursday to set up its second plant on Chinese soil in a deal that the European planemaker hopes will lead to lucrative new plane orders. Airbus hopes the increased presence in China will lead to more demand for its profitable but aging wide-body A330, which is due to be revamped with new engines soon to boost...

  • SEATTLE, July 1- Boeing Co raised list prices for its jetliners by 2.9 percent on Wednesday, citing a range of costs that go into making the planes. The cheapest Airbus plane, the single-aisle A318, now lists for $6.3 million less than the least expensive Boeing plane, the 737-700, which lists for $80.6 million. At the top end, the largest Airbus plane, the A380, lists for...

  • The aircraft ordered by China are current-generation A330s, which are available with a choice of engines from three manufacturers: General Electric, United Technologies' Pratt& Whitney unit and Britain's Rolls-Royce. Rolls-Royce is currently the market leader with its Trent 700 engine, but the Chinese order presents one of the largest available...

  • Rolls-Royce is currently the market leader with its Trent 700 engine, but the Chinese order presents one of the largest available opportunities for rivals, notably GE, to jump in before Airbus switches to an exclusively Rolls-powered version of the A330, with a new engine, from late 2017.. Shares in Airbus rose as much as 5 percent on the aircraft order, which eased...

  • You don't have to be Elon Musk to invest in space Wednesday, 1 Jul 2015 | 10:00 AM ET
    SpaceX's Falcon 9 rocket lifting off from space launch complex 40 at Cape Canaveral, Florida, June 28, 2015. It exploded minutes later.

    While much of the attention has been orbiting SpaceX, analysts say investors should explore its more diversified competitors.

  • *Shares up on report Greece ready to accept creditor terms. LONDON, July 1- European shares extended gains on Wednesday after a report saying that Greece was ready to accept most conditions from its international creditors to clinch a debt deal. The Financial Times, citing a letter Alexis Tsipras sent to the heads of the European Commission, the IMF and the...

  • Shares up on report Greece ready to accept creditor terms. LONDON, July 1- European shares extended gains on Wednesday after a report saying that Greece was ready to accept most conditions from its international creditors to clinch a debt deal. The Financial Times, citing a letter Alexis Tsipras sent to the heads of the European Commission, the IMF and the...

  • European shares rebound after two-day slide, autos lead Wednesday, 1 Jul 2015 | 4:24 AM ET

    LONDON, July 1- European shares bounced back on Wednesday after sharp declines in the previous two sessions, with some investors clinging to hopes of progress in Greece even after it became the first advanced economy to default on a loan with the IMF. French Finance Minister Michel Sapin also said France would still try to reach a goal with Greece before the...

  • LONDON, July 1- European shares bounced back on Wednesday, tracking gains on Wall Street and Asia, with some investors still eyeing a positive outcome in Greece even after it became the first advanced economy to default on a loan with the IMF. On Wednesday, French Finance Minister Michel Sapin said France would still try to reach a goal with Greece before the Sunday...

  • PARIS, June 30- China placed a landmark order on Tuesday for dozens of wide-body jets from Airbus in a multi-billion-dollar deal that paves the way for a second European aircraft plant in the world's fastest-growing aviation market. Airbus has been negotiating for about 18 months to establish a cabin-completion centre for wide-body aircraft in China...

  • NEW DELHI, June 30- The owner of Indian airline IndiGo said on Tuesday that the terms of a provisional order to buy 250 aircraft from Airbus had expired, but that the two companies remained in talks about acquiring a "significant" number of A320neo jets. Budget airline Indigo, India's biggest carrier by market share, signed a provisional order for 250 A320neo jets...

  • NEW DELHI, June 30- The owner of Indian airline IndiGo said on Tuesday that the terms of a provisional order to buy 250 aircraft from Airbus had expired, but that the two companies remained in talks about acquiring a "significant" number of A320neo jets. "Although the term sheet has expired we remain in active discussions concerning the potential acquisition of a...

  • *France asks firms to get ready for return to post-sanctions Iran. VIENNA, June 29- France has asked its firms to prepare a return to Iran ahead of a likely deal with powers to curb Tehran's nuclear program, but Paris' tough stance in talks and ties with Sunni Arab states means its "love-hate" relationship with Iran will continue. Despite a long history of commercial,...

  • BEIJING, June 26- China offered a vote of confidence in the euro zone on Friday, saying that it was sure Greece's talks with creditors to avoid defaulting on its debt would go positively, ahead of Premier Li Keqiang's visit to Europe next week. "China would like to see Greece remain in the euro zone and appreciates the relevant parties' efforts in this regard."

  • The fund-raising attracted backing from Richard Branson's Virgin Group and Europe's Airbus Group, which will also build 900 "micro-satellites" designed to extend the reach of the Internet to remote corners of the world. The company, based in Britain's Channel Islands, plans over 65 launches including 39 from Virgin's spaceflight company, Virgin Galactic, and...