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March 28- American Eagle Airlines will shrink its fleet and will lose the opportunity to fly larger regional jets that its parent American Airlines Group has ordered after its pilots rejected a concessionary labor contract, the subsidiary said on Friday.
BEIJING, March 25- O-Bay Aircraft Co, a privately owned Chinese firm based in Henan province, has signed a $3.5 billion deal with Russia's Sukhoi Civil Aircraft to buy 100 SSJ-100 regional jets, a Chinese executive said on Tuesday.
Investors jumped at the chance for yield Monday and bought almost USD1bn of enhanced equipment trust certificates from United Airlines, the first deal of its kind this year.
*Jambojet owned by listed airline Kenya Airways. Willem Hondius told Reuters that Jambojet, wholly owned by Kenya Airways, faced red tape, poor infrastructure and protectionist policies, but still promised fares low enough to attract bus travellers into the air for the first time.
*JetBlue likely to use proceeds to fund aircraft delivery- analyst. March 13- JetBlue Airways Corp said it would sell its in-flight entertainment business, LiveTV, to French defense electronics company Thales Group for $400 million as it looks to cut costs.
March 6- An American Eagle Airlines flight had to make an emergency landing in Greenville, Texas, on Wednesday night after the pilot of the Embraer 145 plane reported smoke in the cockpit, an American Eagle spokeswoman said.
But booming sales of aircraft, far from being a bonanza for suppliers, are spurring brutal competition between Airbus Group NV and Boeing Co, which are demanding better deals from the companies that make billions of parts the factories need.
BRASILIA, Feb 27- Brazil is hoping to sell its upcoming KC-390 military cargo plane to Sweden as part of a $4.5 billion deal to buy 36 Gripen fighter jets made by Swedish company Saab AB. Embraer's new jet is set for its first flight by the end of the year and has received early commitments for orders from Brazil, Argentina, Colombia and Chile.
SAO PAULO, Feb 26- Brazil's Embraer SA, the world's No. 3 commercial planemaker, said on Wednesday it was aiming for stable profit margins in 2014 as better pricing on executive jets should offset deep discounts on big regional jet orders.
SAO PAULO/ LONDON, Feb 26- Ukraine's hryvnia currency tumbled on Wednesday to a record low, as investors were unsettled by the country's murky political and economic outlook, while Brazil's real retreated after a five-day rally.
SAO PAULO, Feb 26- Brazil's Embraer SA, the world's No.3 commercial planemaker, kept earnings targets almost unchanged in 2014 despite far exceeding its own profitability forecasts last year, in a sign of tougher pricing pressure ahead.
SAO PAULO, Feb 26- Brazil's Embraer SA, the world's third-largest commercial planemaker, said on Wednesday that fourth-quarter net income more than doubled from a year earlier to 607 million reais, according to a securities filing. Analysts had forecast profit of $213 million on average in a Reuters survey published on Tuesday.
Orders worth $20 billion are up for grabs in the competition between Pratt& Whitney and CFM International. In contrast, CFM, a joint venture between General Electric Co and Safran, has supplied the dominant engine on narrow-body, single-aisle planes, which are the best-selling Boeing Co and Airbus Group models.
Feb 13- American Airlines Group will start looking for other carriers to operate new regional jets from Embraer after labor leaders at its American Eagle Airlines subsidiary's pilots' union rejected a concessionary labor contract, the unit's president said in a note to staff on Thursday.
SINGAPORE, Feb 13- Embraer SA, the world's largest maker of regional aircraft, clinched its first major Indian deal for 50 jets valued at $2.94 billion from start-up Indian domestic carrier Air Costa. The deal is a boost for Embraer, which met its delivery targets for its commercial and executive segments last year after a surge in sales in the fourth quarter.
SINGAPORE, Feb 13- Embraer, the world's largest maker of regional aircraft, said on Thursday India's Air Costa had a placed firm order for 50 jets, in a deal valued at $2.94 billion. The Brazil- based company said Air Costa had options for an additional 50 purchase rights for E190-E2 jets.
BRASILIA, Feb 12- Embraer SA, the world's largest maker of regional aircraft, forecast on Wednesday that Asia-Pacific carriers will take delivery of a total 1,500 jets in the 70-130 seat capacity range over the next 20 years, worth around $70 billion. Embraer has more than an 80 percent share of the Asia-Pacific market for 70-130 seat jets, according to the company.
BRASILIA, Feb 12- Embraer SA, the world's largest maker of regional aircraft, forecasts the Asia-Pacific region will take delivery of 1,500 new jets of 70-130 seats over the next 20 years, totalling $70 billion, the company said on Wednesday.
"It's a lost opportunity for the U.S.- Brazil relationship and for Boeing," lamented Donna Hrinak, Boeing's president in Brazil, in an interview with Reuters. Boeing lost the contract when President Dilma Rousseff was infuriated by revelations that the U.S. National Security Agency spied on her communications.
None of the routes that Azul flies during the tournament will cost more than 999 reais, said Azul founder David Neeleman, who started Brazil's third-biggest airline after stepping down as CEO of JetBlue in 2008..