PARIS, Feb 1 (Reuters) – Airbus ( AIR.PA ) and Qatar Airways have settled a dispute over grounded A350 jets, the companies said on Wednesday, averting a potentially damaging UK court trial after a blistering 18-month feud that tore the lid off the global jet market. The “amicable and mutually agreeable settlement” ends a $2 … Read more
Final 747 freighter to be delivered to Atlas Air Ends more than five decades of commercial output Nearly bankrupt Boeing, before becoming a cash cow Easy to fly, says rock star pilot Bruce Dickinson SEATTLE/PARIS, Jan 29 (Reuters) – Boeing’s (BA.N) 747, the original and arguably most aesthetic “Jumbo Jet”, revolutionized air travel only to … Read more
Jan 28 (Reuters) – Expedited talks are under way among Kyiv and its allies about Ukraine’s requests for long-range missiles that it says are needed to prevent Russia from destroying Ukrainian cities, a top aide to President Volodymyr Zelenskiy said on Saturday. Ukraine has won promises of Western battle tanks and is seeking fighter jets … Read more
WASHINGTON, Jan 11 (Reuters) – US flights were slowly beginning to resume departures and a ground stop was lifted after the Federal Aviation Administration (FAA) scrambled to fix a system outage overnight that had forced a halt to all US departing flights. The cause of the problem, which delayed thousands of flights in the United … Read more
OTTAWA, Jan 9 (Reuters) – Canada finalized a deal to buy 88 F-35 fighter jets from US defense company Lockheed Martin Corp ( LMT.N ) on Monday in a C$19 billion ($14.2 billion) project to replace its aging fleet of fighter aircraft. Canada expects the first F-35s to be delivered in 2026 and for the … Read more
WASHINGTON, Dec 23 (Reuters) – The US awarded defense contracts to companies on Friday, including one of over a trillion dollars to Lockheed Martin Corp (LMT.N), the Department of Defense said in a statement. “This contract procures long lead time materials, parts, components, and efforts necessary to maintain on-time production and delivery of 118 Lot … Read more
Some 400 jets worth $10 billion stranded by war $644 mln offered for 17 Aeroflot aircraft Russian plan would use its National Wealth Fund Required EU approval not yet forthcoming -sources DUBLIN/LONDON, Dec 22 (Reuters) – Russian airlines have held exploratory talks with at least one major Western leasing firm about using state funds to … Read more
WASHINGTON, Dec 17 (Reuters) – Mesa Airlines (MESA.O) said late Saturday it is finalizing an agreement to operate regional flights for United Airlines (UAL.O) after an announcement it will wind down flights for American Airlines (AAL.O ) early next year. In a memo sent to employees and provided to Reuters by the company, Mesa Air … Read more
NORTH CHARLESTON, SC/CHICAGO Dec 13 (Reuters) – United Airlines ( UAL.O ) said Tuesday it is ordering 100 Boeing ( BA.N ) 787 Dreamliners and 100 737 MAXs as it pushes for post-pandemic growth and replaces older, less – efficient aircraft. The Chicago-based airline’s order for 200 airplanes is worth about $43 billion at list … Read more
PARIS/NEW DELHI, Dec 11 (Reuters) – Air India is close to placing landmark orders for as many as 500 jetliners worth tens of billions of dollars from both Airbus and Boeing as it carves out an ambitious renaissance under the Tata Group conglomerate, industry sources said on Sunday. The orders include as many as 400 … Read more