Investment opportunities in Iran are “too big to ignore,” the CEO of a top investment firm told CNBC.
Iran has struck a provisional deal with Airbus to buy eight A-380 superjumbo planes, the deputy transport minister told Reuters on Sunday.
Oil prices slumped to a 2003 low below $28 per barrel as the market anticipated a rise in Iranian exports.
European equities gained on Tuesday, despite continued wariness surrounding low oil prices and China's economic slowdown.
Airlines still need to invest in fuel efficiency of their fleets, despite the low price of oil, Airbus' chief operating officer told CNBC on Tuesday.
European stocks closed flat on Thursday in a shortened trading day with thin volumes as the oil price remained choppy.
European equities finished trade mixed to mostly higher on Monday despite a sharp drop in oil prices weighing on investor sentiment.
European markets finished sharply lower on Tuesday after Turkish fighter jets shot down a Russian warplane near the Syrian border.
European equities soared by the close on Tuesday as markets got a confidence boost from fresh European data and corporate earnings.
EasyJet experienced a "cooling off" in demand for travel to France after the Paris attacks on Friday, but expects normal services to resume quickly.
Putin ordered the suspension of all Russian passenger flights to Egypt on Friday until the cause of a deadly plane crash at the weekend was known.
The launch is one of many steps taken by China to transform itself from the world's low-cost factory to a creator of profitable aviation technology.
Standing-only passenger tickets, pay-to-use toilets and planes shaped like flying saucers are some ideas yet to make it to an airport near you.
European stocks closed mixed on Friday, pressured by weak corporate earnings, but finished the month with gains of around 8 percent.
Airbus Group announced a 20- percent hike in production of its most popular jet and dismissed growing nerves about the health of the jet market.
China and Germany signed a deal on Thursday that will see Chinese airlines buy 30 A330 aeroplanes manufactured by Airbus Group.
Airbus has filed yet another unusual patent for passenger seating in order to optimize space in transport cabins of planes, buses and trains.
A passenger on an airline was shot with a stun gun and removed from the flight Thursday after he became abusive following a dispute, NBC reports.
European equities finished mixed on Monday as investors watch for progress being made in concluding a third bailout program for Greece.
Airbus has finalized the aerospace company's biggest order after it inked a $26.5 billion deal with India's popular budget airline, IndiGo.