AFP European aerospace giant Airbus scored the first big win at the Farnborough airshow, which opened on Monday facing global economic headwinds triggered by Brexit. Airbus, which traditionally fights US rival Boeing for blockbuster order announcements at Farnborough, southwest of London, revealed a US$4.4-billion (3.9-billion-euro) firm order from Virgin Atlantic for twelve wide-bodied Airbus A350-1000 jets. The carrier has ...

  Bloomberg Airbus Group SE is poised to win an order for as many as 100 jetliners from AirAsia Bhd, people familiar with the matter said. The deal may be announced as early as tomorrow, said the people, who asked not to be named because the discussions are private. The purchase would consist likely of A321neo narrow-body aircraft, which have ...

  Bloomberg Boeing Co is seeing strong airline interest in a new mid-range aircraft on its drawing board, bolstering the case for its biggest potential product development of the next 10 years. No current-generation aircraft are specifically designed for long flights within a region, like the seven-hour trek from Tokyo to Singapore, said Ray Conner, chief executive officer of Boeing’s ...

    Bloomberg Mitsubishi Aircraft Corp, the maker of Japan’s first passenger jet, has won an order for as many as 20 planes from Swedish leasing company Rockton, according to a person familiar with the deal. The order is the second for the Mitsubishi Regional Jet this year, following a deal from US lessor Aerolease Aviation LLC for as many ...

  AFP The Solar Impulse 2 left southern Spain on Monday on its way to Egypt for the penultimate leg of the solar-powered airplane’s landmark round-the-world journey. The experimental aircraft took off from Seville at 6:20 am (0420 GMT) for a flight that should last about 50 hours and will take it over the Mediterranean Sea. Swiss national Andre Borschberg ...

  The Diplomat “It’s not about the money, money, money,” sang pop singer Jessie J in her 2011 hit, “Price Tag.” But for the growing working poor of the developed world, it has been all “about the money,” particularly since 2008, with a cash-less recovery of sluggish wages growth and rising inequality sparking political shocks such as “Brexit” and crimping ...

  Angkor Wat / DPA Be prepared to sweat. Exploring the world’s largest religious complex in the Cambodian jungle is not for those who can’t take the heat. The sheer size of the gigantic edifices of Angkor Wat and the distances between them means long treks, in 40-degree heat and humidity as if in a sauna. But then, what you ...

  Our Correspondent EMIRATES BUSINESS Located in the heart of the city, at the distinctive Al Murooj Rotana Hotel, Jodhpur, a nostalgic fine dining Indian restaurant was launched with a promise to bring back childhood memories for its visitors. With the food and beverage industry constantly growing in Dubai, and most Indian restaurants jumping on the contemporary cooking bandwagon, Jodhpur ...

  Our Correspondent EMIRATES BUSINESS Men usually just use soap and water to cleanse their face and don’t bother with creams or serums just to look good. However, they want to maintain clean, clear and young-looking skin without much hassle. With life in the fast lane, and a no-fuss lifestyle and mindset, QNET has designed two powerful skincare products that ...

  Dubai / WAM Dubai Financial Market (DFM) has been recognised as the Best Stock Exchange for Shariah-Compliant Listings as part of Global Finance magazine’s ninth annual review of the World’s Best Islamic Financial Institutions. Winners will be honored during an award ceremony due to take place in Washington, October 2016 on the sidelines of the IMF/World Bank meetings. The ...