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By KAREN P. S. YUE
Lithuania's president took a top European Union (EU) official for a jaunt in a stunt plane to mark the former Soviet republic's return to mainstream Europe.
Izwan Idris writes on Genting, AMMB and MAS.
B>PARIS: /B>European aircraft maker Airbus is sticking with a target to deliver 300 jets this year, signalling that it will beat US rival Boeing in annual deliveries for the first time in three decades of fierce competition.
The next-generation I>B7E7 /I>passenger jet now being developed by The Boeing Co has been given the name I>Dreamliner/I>.
AIRASIA has picked three new foreign investors to acquire up to a 30% stake in the airline, its chief executive officer Tony Fernandes said yesterday.
TRANSMILE is in talks with some customers to fly to more Asian destinations, chairman and chief executive officer Gan Boon Aun said.
AIRASIA Sdn Bhd entered into leasing and purchasing agreements worth some US$100mil (RM380mil) yesterday to increase its fleet by 11 aircraft.
European aircraft maker Airbus has strengthened its lead in new orders over rival Boeing with a US$5.1bil deal from Qatar Airways.
British Airways (BA) has spurned a £5mil bid for its Concorde aircraft from rival Virgin Atlantic Airways, saying it would retire the supersonic jet as planned in October.
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