Aviation

PARIS / Reuters The new chief executive of Italy’s defence and aerospace group Leonardo will target the Gulf and Far East as part of an aggressive expansion drive to boost its international presence, according to company and government insiders. After years of cuts to defence budgets that have curbed demand for military equipment, including in Italy, Alessandro Profumo is looking ...

Bloomberg Boeing Co. dominated the deal flow at the Paris Air Show, overwhelming rival Airbus SE on the back of Asian demand for the new Max 10, the biggest version of its 737 workhorse. The US planemaker secured orders and expressions of interest (EOI) for more than 500 jets worth as much as $66 billion, compared with Airbus’s tally of ...

PARIS / Reuters Emirates, the Middle East’s largest airline, is seeing a return in demand on routes to the United States that it had started to retreat from in May, President Tim Clark said on Wednesday. Emirates announced in April it would cut flights on five US routes from May, blaming travel restrictions imposed by President Donald Trump’s administration for ...

Bloomberg Bombardier Inc won an order from SpiceJet Ltd for as many as 50 turboprop planes worth $1.7 billion as the Indian budget carrier expands its fleet to meet demand for regional air travel. The deal is for 25 Q400 planes, with purchase rights for 25 more, Bombardier said. The deal comes a day after SpiceJet signed an agreement to ...

Bloomberg British Airways owner IAG SA said a power outage that led to the cancellation of hundreds of flights last month probably cost it about 80 million pounds ($102 million) in lost revenue and the expense of accommodating, re-booking and compensating thousands of passengers. The figure is based on an initial assessment and London-based IAG will update the market on ...

Bloomberg Rolls-Royce Holdings Plc is seeking ways to upgrade its engines for Airbus SE’s A380 as the planemaker attempts to win orders for the slow-selling superjumbo jet, the company’s biggest. “We are contemplating what we can do over and above with Airbus,” Eric Schulz, Rolls-Royce’s head of civil aviation, said in a Bloomberg TV interview. “As soon as we mature ...

Bloomberg Boeing Co. is set to receive orders and commitments worth roughly $30 billion for the stretched Max 10 upgrade of the 737 workhorse, as its first new jet in almost four years counters Airbus SE’s headstart at the largest end of the single-aisle aircraft market. The biggest 737 variant is set to get more than 240 orders from at ...

Emirates Business Dubai-based airline, flydubai, and Mercator, a global provider of software platforms and product-enabled solutions to the travel and transport industry, have announced the signing of a seven-year extension to their air cargo management contract. The renewal agreement reaffirms the continuation of the strategic partnership initiated in 2012, designed to provide flydubai with a next-generation technology platform that enables ...

Bloomberg American Airlines Group Inc. began the first US test of new airport-security scanners that provide a more detailed view inside carry-on luggage and may allow travelers to keep laptops in their bags. The CT scanner, using technology borrowed from the medical world, is being used in a security checkpoint lane at Phoenix Sky Harbor International Airport, the airline said ...

Bloomberg Malaysia Airlines Bhd. has held discussions with Airbus SE about the purchase of A330neo wide-body jets but has so far been unable to agree a price for the planes. The carrier is also seeking clarity regarding other aspects of the transaction, including delivery schedules, Chief Executive Officer Peter Bellew said in an interview. There’s no likelihood of an order ...