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MONTREAL: Airbus SE plans to invest between 500 million euros and 1 billion euros ($539 million-$1.08 billion) this year on its A220 passenger jet programme, Chief Executive Guillaume Faury said on Thursday at the company's A220 factory in Canada.
PARIS: Air France-KLM said China’s coronavirus outbreak will wipe as much as €200mil (US$216mil) from earnings, hammering home the financial impact of the crisis even thousands of miles from its epicentre.
PARIS (Reuters) - France and Germany signed a 150 million euro ($161.84 million) deal on Thursday to develop a prototype of the next generation fighter jet, a project seen as vital for Europe to defend itself without relying on allies in an increasingly uncertain world.
Air travel and glitch-free Internet access are often considered mutually exclusive, thanks to the technical difficulties associated with making WiFi work at 40,000 feet.
BEIJING/SYDNEY (Reuters) - Foreign pilots at some Chinese airlines have returned to their home countries and are considering other jobs after being placed on unpaid leave as demand falls because of the coronavirus, affected flight crew told Reuters.
PETALING JAYA: The directors of the AirAsia Group gave their nod in 2010 to efforts by Tan Sri Tony Fernandes to build the AirAsia brand through sponsorships, said sources.
HANOI: Vietnam’s Bamboo Airways expects to buy 12 Boeing Co 777x jumbo jets in the second quarter, according to chairman Trinh Van Quyet, in what would be a multi-billion-dollar boost for the US plane-maker after it failed to win a single order for any of its aircraft in January.
SYDNEY (Reuters) - Singapore Airlines Ltd will temporarily cut flights across its global network in the three months to May, it said on Tuesday, as a coronavirus epidemic hits demand for services to the Asian city state, as well as through the key transit hub.
LONDON: French train maker Alstom SA confirmed it’s in discussions to acquire the rail business of Bombardier Inc in a fresh attempt to bulk up against Chinese competition.
JAKARTA (The Jakarta/ANN): A subsidiary of publicly-listed tobacco company Gudang Garam will start the development of Kediri Airport in East Java in April, with a target to finish first-phase construction by April 2022.