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- Planemakers to kickstart Farnborough jetliner order battle
Sun, 15 Jul 2018 19:58:49 -0400
Aerospace firms Airbus and Boeing will kickstart a contest for tens of billions of dollars of orders at the Farnborough Airshow on Monday, ensuring fireworks start early as they seek to bolster their already bulging order books.
- Brazil's Embraer sees demand for 10,550 smaller jets in next 20 years
Sun, 15 Jul 2018 19:19:08 -0400
Brazil's Embraer sees demand for 10,550 new aircraft with a capacity of up to 150 seats in the next 20 years, worth around $600 billion, the planemaker said on Sunday.
- UK PM May promises to protect planemakers' supply chains in Brexit
Sun, 15 Jul 2018 17:36:50 -0400
British Prime Minister Theresa May will on Monday seek to reassure aviation bosses that her under-fire Brexit plan won't disrupt their supply chains, and promise that the industry will flourish as Britain leaves the European Union.
- U.S. oil boom delivers surprise for traders - and it's costly
Sun, 15 Jul 2018 17:22:25 -0400
The world's biggest oil traders are counting hefty losses after a surprise doubling in the price discount of U.S. light crude to benchmark Brent in just a month, as surging U.S production upends the market.
- Thyssen and Kone owners held merger talks on elevator ops: paper
Sun, 15 Jul 2018 15:59:12 -0400
Large shareholders of Thyssenkrupp and Kone have held talks on a potential merger of the elevator businesses of the two companies, according to a German daily.
- Boeing concerned about tariff talk, but no business impact yet
Sun, 15 Jul 2018 13:43:32 -0400
Boeing Co is concerned about the impact of possible trade tariffs on the cost of running its supply chain, but has not yet seen any impact from U.S.-Chinese trade tensions on its business, Chief Executive Dennis Muilenburg said on Sunday.
- Planemakers plot course through trade, Brexit worries to air show deals
Sun, 15 Jul 2018 12:50:46 -0400
Aerospace firms are setting out wares from luxury jets to lethal drones at back-to-back British air shows this week, hoping trade tensions will not deter airlines from buying jetliners even as geopolitical uncertainty allows them to sell more weapons.
- Airbus near deal to sell A350s to Taiwan's StarLux: sources
Sun, 15 Jul 2018 12:50:26 -0400
Airbus is close to a deal to sell A350 long-haul jets to Taiwanese start-up StarLux Airlines, people familiar with the matter said on Sunday.
- German transport ministry confirms official hearing on Opel emissions
Sun, 15 Jul 2018 11:47:09 -0400
The German transport ministry confirmed on Sunday that the country's federal motor vehicle authority (KBA) is conducting an official hearing into the emissions technology used in three models of car made by Opel.
- Top House Republican urges Trump, China's Xi to meet on trade: Fox
Sun, 15 Jul 2018 11:24:34 -0400
The top Republican lawmaker overseeing trade policies on Sunday called for a meeting between U.S. President Donald Trump and Chinese Premier Xi Jinping to ease trade tensions, warning that U.S. tariffs would likely dampen U.S. economic growth this year.
- Embraer pushes E2 jet's low maintenance, fuel costs amid Airbus rivalry
Sun, 15 Jul 2018 10:10:37 -0400
Brazilian planemaker Embraer is pushing the low maintenance costs and fuel burn of its E2 jet as it battles tougher competition from the rival A220, now backed by Airbus , executives said on Sunday.
- Rolls-Royce plans for take-off in flying taxi market
Sun, 15 Jul 2018 08:04:17 -0400
British jet engine maker Rolls-Royce has designed a propulsion system for a flying taxi and is starting a search for partners to help develop a project it hopes could take to the skies as soon as early next decade.
- Airbus in talks for new Viva Aerobus jet order: sources
Sun, 15 Jul 2018 07:49:36 -0400
Europe's Airbus is in talks with Viva Aerobus for a repeat order of up to 40 of its A320neo-family jets, industry sources said on Sunday.
- AirAsia mulls dual Airbus jet order but how much will it pay?
Sat, 14 Jul 2018 18:51:44 -0400
AirAsia is discussing the possible purchase of another 100 Airbus A321neo jets as the company's chief executive officer, Malaysian entrepreneur Tony Fernandes, and Airbus go down to the wire in parallel negotiations for an expanded order for larger A330neo jets, industry sources said.
- Iowa, Illinois investigating infections linked to McDonald's salad
Sat, 14 Jul 2018 14:31:32 -0400
The Iowa and Illinois health departments said on Thursday that they were investigating cyclospora infections linked to salads at McDonald Corp's restaurants.
- Facebook, Twitter, Alphabet to testify at U.S. House hearing
Fri, 13 Jul 2018 23:27:31 -0400
The U.S. House Judiciary Committee will hold a hearing on Tuesday to take testimony from Facebook Inc, Alphabet Inc's YouTube unit and Twitter Inc on whether social media companies are filtering content for political reasons, the committee chairman said.
- U.S. lifts ban on suppliers selling to China's ZTE
Fri, 13 Jul 2018 18:04:12 -0400
The U.S. Department of Commerce on Friday lifted a ban on U.S. companies selling goods to ZTE Corp, allowing China's second-largest telecommunications equipment maker to resume business.
- AT&T CEO confident Time Warner deal on solid ground
Fri, 13 Jul 2018 17:38:47 -0400
The U.S. Justice Department has only a remote chance of overturning AT&T Inc's takeover of Time Warner, Chief Executive Randall Stephenson said on Friday, adding that the move could affect the bidding war for Twenty-First Century Fox Inc.
- Exclusive: Jeff Bezos plans to charge at least $200,000 for space rides - sources
Fri, 13 Jul 2018 17:38:14 -0400
Jeff Bezos' rocket company plans to charge passengers about $200,000 to $300,000 for its first trips into space next year, two people familiar with its plans told Reuters.
- Build-A-Bear CEO apologizes after 'heartbreaking' sale crowds
Fri, 13 Jul 2018 17:37:28 -0400
Build-A-Bear Workshop Inc's chief executive on Friday apologized to disappointed customers and offered an extended discount, a day after its one-day pay-your-age event prompted massive crowds and shortages at some stores.