In a raft of energy, finance and industry accords signed, China and Brazil will team up to build railways.» Read More
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.
There is still an economic soft spot investors should note, Deutsche Bank's David Bianco says.
Wary of rising rates, stock traders will keep an eye on the bond market Thursday as another wave of earnings reports roll in.
Latin American markets got creamed in the past month. The spike in U.S. Treasury yields has had a negative effect for regional currencies, but there's a way to invest.
The U.S. government was wrong to purchase foreign aircrafts for its operations in Afghanistan, the CEO of Beechcraft told CNBC this week.
Take a look at some of Monday's midday movers:
The Fed could add fuel to the market rally in the week ahead, keeping the Dow on track for its best first quarter since 1998.
Japan's transport ministry is to investigate the company that makes batteries for Boeing's grounded 787 Dreamliner passenger jet. The probe will be run jointly with the U.S. Federal Aviation Administration (FAA), a ministry official said on Monday.
BOC Aviation, the aircraft leasing arm of Bank of China, has placed its largest ever order to buy 50 A320 family jets from Airbus at a list price of $5 billion.