European shares closed lower on Wednesday, as investors reacted to fresh sanctions against Russia, big-name earnings and U.S. GDP.» Read More
FARNBOROUGH, England, July 16- Canadian plane and train maker Bombardier has expanded to four from one its range of Q400 NextGen turboprop regional airliners including an 86- seat version as it aims to bolster sales in emerging markets, a top company executive said on Wednesday.
*Qatar Airways finalises order for 50 Boeing 777 X planes. *Airbus ahead in air show race, Boeing had the lead in H1.
Boeing's stock soared nearly 80 percent last year, outperforming the Dow Jones Industrial Average and the S&P 500 index. But as indexes pushed higher this year, investors sent Boeing down 5.7 percent amid concern that the aviation business cycle may have peaked and that Boeing's ability to produce positive surprises is limited.
"The UAE Mars probe represents the Islamic world's entry into the era of space exploration. We will prove that we are capable of delivering new scientific contributions to humanity, "said UAE President Sheikh Khalifa bin Zayed al-Nahayan.
FARNBOROUGH, England, July 16- Airbus and Boeing were set to resume their multi-billion dollar battle over new plane orders on day three of the Farnborough Airshow, with hopes reviving that Qatar Airways would firm up a deal for 50 Boeing 777 X planes.
FARNBOROUGH, England, July 16- South Korean carrier Asiana Airlines has expanded its maintenance ties with UTC Aerospace Systems with a 10- year deal involving the evacuation slides aboard the airline's Airbus A380 superjumbos.
FARNBOROUGH, England, July 15- Qatar Airways will seek compensation from Airbus for delays in delivery of three of the European planemaker's A380 superjumbos, the Gulf carrier's chief executive said on Tuesday.
FARNBOROUGH, England, July 15- The chief executive of Airbus Group said the first two days' sales of its newly revamped jet had backed up the group's decision to invest in the model. Airbus unveiled the new plane on Monday and has signed up three lessors and Asian low-cost airline AirAsia for the plane already.
FARNBOROUGH, England July 15- The supply of Russian titanium to aircraft manufacturers Airbus and Boeing will not be affected by the deterioration of East-West relations over the Ukraine crisis, the Russian deputy trade minister said on Tuesday.
FARNBOROUGH, England, July 15- Airbus clinched its first airline customer for a newly revamped model with a tentative deal with Malaysia's AirAsia for 50 A330neo wide-body jets worth over $13 billion on Tuesday.
FARNBOROUGH, England, July 15- AirAsia's long-haul arm will be the first customer to receive the new revamped version of Airbus' wide-body A330 jet after the Malaysian-based budget carrier signed a memorandum of understanding for 50 A330-900neo aircraft.
But while money flowed across the table between manufacturers and leasing companies, AirAsia low-cost airline entrepreneur Tony Fernandes waited in the wings with what could be a $12 billion order for some 50 of Airbus's revamped A330neo. Airbus and AirAsia declined comment.
FARNBOROUGH, England, July 15- Airbus has clinched a deal with Malaysia's AirAsia for 50 A330neo jets worth at least $12 billion at list prices, making it the first airline to sign up for the newly launched wide-body jet, people familiar with the matter said. Airbus and AirAsia declined comment.
FARNBOROUGH, England, July 15- Malaysia's AirAsia group is close to a deal to become the first airline buyer for the newly launched Airbus A330neo with an announcement possible at the Farnborough Airshow later on Tuesday, people familiar with the matter said.
FARNBOROUGH, England, July 15- Malaysia's AirAsia group is close to a deal to become a launch customer for the Airbus A330neo aircraft and may make an order announcement at the Farnborough Airshow later on Tuesday, people familiar with the matter said.
FARNBOROUGH, England, July 15- Aircraft lessor CIT became one of the launch customers for Airbus' revamped A330neo model on Tuesday, signing a memorandum of understanding to buy 15 wide-body A330-900neo and five narrow-body A321ceo aircraft.
July 15- Aircraft leasing company SMBC Aviation Capital said it had placed an order worth $11.8 billion with Airbus Group NV for 115 aircraft. The firm order is for 110 A320neo and five A320ceo aircraft, SMBC said in a statement on Tuesday. SMMBC said it would announce its engines selection at a later date.
FARNBOROUGH, England, July 15- Airbus sales chief John Leahy expects at least 50 orders for the European planemaker's revamped A330neo at this week's Farnborough Airshow, and is aiming for over 100, he told Reuters Insider TV on Tuesday.
FARNBOROUGH, England, July 14- Airbus said the snags holding up delivery of the new A380 superjumbos ordered by Qatar Airways would be resolved by the end of the year, after the chief executive of the Middle Eastern airline criticized the European planemaker.
TORONTO, July 14- Bombardier Inc's long-delayed CSeries jetliner program got a boost on Monday with two tentative orders worth nearly $1.6 billion, but investor enthusiasm was tempered by lingering concerns about the plane's prospects. Jordan's Petra Airlines Ltd also signed a letter of intent for up to four CS100 and CS300 planes, worth up to $298 million.