Boeing concerned about tariff talk, but no business impact yet
LONDON (Reuters) – Boeing Co (BA.N) is concerned about the impact of possible trade tariffs on the cost of running its supply chain, but has not yet seen any impact…
Planemakers plot course through trade, Brexit worries to air show deals
FARNBOROUGH, England (Reuters) – 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…
AirAsia mulls dual Airbus jet order but how much will it pay?
FARNBOROUGH, England (Reuters) – AirAsia (AIRA.KL) 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…
Air France KLM’s traffic rises, transport boss touted as new CEO
PARIS (Reuters) – Air France KLM (AIRF.PA), hit by strikes and without a CEO since May, reported higher passenger traffic for June on Monday, while a leading French transport executive…
Venezuela’s domestic airline industry suffers amid economic crisis
MAIQUETIA, Venezuela (Reuters) – Venezuela’s domestic airline industry is struggling to maintain operations due to hyperinflation and shortages of spare parts, according to an industry association, making it increasingly hard…
Boeing’s engine proposal deadline looms for new mid-market jet: report
SEATTLE (Reuters) – Three of the largest engine makers face a Wednesday deadline to provide Boeing Co (BA.N) with formal proposals for how they would power the planemaker’s possible new…
Airbus clinches final deal to rescue Bombardier CSeries
(Reuters) – European planemaker Airbus (AIR.PA) has finalized a rescue deal for Bombardier’s (BBDb.TO) CSeries jet and is expected to flex its marketing and cost-cutting muscle to revive the loss-making…
Emirates sees oil, dollar ‘double whammy’, but demand strong
SYDNEY (Reuters) – The president of Emirates airline said the rare combination of higher oil and a stronger dollar, which usually move in opposite directions, represented a “double whammy” in…
Global airlines slash profit outlook as fuel costs jump
SYDNEY (Reuters) – Global airlines on Monday slashed their forecast for industry profits in 2018 on a spike in fuel costs, while warning higher interest rates and a host of…
Boeing executive says oil over $65 leads to increased demand for new jets
SYDNEY (Reuters) – Boeing Co (BA.N) is expecting increased demand for new airplanes now that oil is above $65 a barrel, a senior executive said on Sunday. FILE PHOTO: The…