Visitors at the Paris Air Show in Le Bourget, east of Paris, France, on Tuesday. Associated Press
TOULOUSE: Airbus sales chief Christian Scherer said it is selling longer-range versions of its A321, while signalling a shift away from chasing market share at any cost and predicting Boeing will emerge quickly from the grounding of its rival 737 MAX.
Airbus sealed deals with big name buyers for its latest passenger jet at the Paris Airshow on Wednesday, battling back from the potential loss of a major customer a day earlier when IAG placed a lifeline order for Boeing’s grounded 737 MAX jet. Indigo Partners, the private equity firm of veteran low-cost
Boeing Co engineers are reducing the scope and duration of certain costly physical tests used to certify the planemaker’s new aircraft, according to industry sources and regulatory officials.
JetBlue Airways Corp is in discussions with Airbus SE about the European planemaker’s plans for a longer-range version of its A321neo family as it prepares to jump into the transatlantic market, Chief Executive Robin Hayes said on Monday.
The first Saudi International Iron Steel Conference (SIISC) held in Riyadh, Saudi Arabia. The Saudi International Iron and Steel Conference brought leaders of the iron and steel sector
The Bank of Japan (BOJ) kept monetary policy steady on Thursday but signaled the chance of expanding stimulus as early as its next policy meeting in October by issuing a stronger warning over the risks threatening the economy.
Australia’s government said on Thursday its budget was in balance for the first time in a decade and a surplus this year was all but certain, though fiscal stimulus to boost jobs and growth was still seen unlikely for now.