Airbus took a step on Friday toward opening a second plant in China by signing a letter of intent with Chinese authorities to set up a cabin completion center for its wide-body A330 jets.
Transportation
Japan to roll out aerospace hope with first commercial jet in half a century
Mitsubishi Aircraft will roll out Japan's first commercial jet in more than 50 years on Saturday, amid doubts its ambition to sell more than 2,000 of the planes can match reality in the market segment.
Virgin Australia buys out Tiger Australia joint venture for nominal A$1
Loss-making budget airline Virgin Australia Holdings Ltd (VAH.AX) will buy full control of its ailing 60 percent-owned Tiger Australia Airways business for just A$1, signaling plans to cut a bloated fleet that has hobbled turnaround efforts.
Export-Import Bank backed $1.7 billion in civil aviation deals since 2012
The embattled U.S. Export-Import Bank on Thursday said it authorized $1.7 billion in financing to support U.S. exports of helicopters, business jets and agricultural aircraft since fiscal 2012, aiding a sector hit hard by the 2008 financial crisis.
Air Cote d'Ivoire in talks with Airbus, Bombardier
Ivory Coast's national carrier Air Cote d'Ivoire is in discussions with Airbus (AIR.PA) and Canada's Bombardier Inc (BBDb.TO) to renew its existing fleet and provide new aircraft for a planned expansion, the company's chief executive said.
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European planemaker Airbus (AIR.PA) still plans to deliver its first A350 wide-body plane to launch customer Qatar Airways this year, but is aware that it is working for a "demanding" customer, its chief executive said on Friday.
British engineering company Rolls-Royce (RR.L) said airline Norwegian (NWC.OL) had selected its engines to power nine Boeing (BA.N) Dreamliner aircraft and signed up for a long-term maintenance and servicing contract worth $440 million.
Mexico's Grupo Aleman, which owns the airline Interjet, on Wednesday said it has agreed to buy Oceanografia, the bankrupt oil services company at the center of a loan scandal that cost Citigroup more than $500 million.
Boeing Co (BA.N) on Thursday announced plans to raise output of 737 jetliners beyond its already blistering production pace, saying global demand for new aircraft justifies it.
The president of Emirates airlines [EMIRA.UL] said on Thursday that demand for flights to Africa from Asia has fallen due to concerns over the Ebola virus.
Airbus (AIR.PA) looks set to win European safety certification for its newest airliner, the A350, on Tuesday, people familiar with the plans said.
Venerable old airlines Lufthansa (LHAG.DE) and Air France (AIRF.PA) know the smart money is in the low-cost market –Ryanair (RYA.I) raised its forecasts again on Thursday - but powerful labor unions are keeping them from the bounty.
Courts in Berlin and Hamburg upheld bans on online transportation service Uber on Friday, saying the company did not comply with German laws on the carriage of passengers.
District attorneys of San Francisco and Los Angeles have accused ridesharing service Sidecar Inc of violating California business law and threatened an injunction on its service, the Wall Street Journal reported citing a letter sent to Sidecar and reviewed by the paper.
