Aviation

Qantas reveals 787-9 ‘premium economy’ seat

  Emirates Business Qantas revealed its next generation Premium Economy seat, which will debut on the airline’s fleet of Boeing 787-9 Dreamliners from October. Wider and with more functional space overall, the new seat has a unique recline motion that provides a class-leading level of comfort. When the rear of the seat reclines, several sections shift to support your body ...

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BAE seeks new Eurofighter warplane order from Saudi Arabia

  Bloomberg BAE Systems Plc is seeking a new Eurofighter warplane order from Saudi Arabia after announcing a deal to support previous aircraft worth an estimated $10 billion. With the final four of 72 Eurofighter Typhoons already acquired by the kingdom due to be delivered this year, BAE is deepening efforts to secure a follow-on purchase, the London-based company said. ...

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British Airways poised to join long-haul narrow-body craze

  Bloomberg British Airways-owner IAG SA is looking at acquiring more long-range narrow-body planes in order to open up inter-continental routes where demand is insufficient to support bigger twin-aisle jets. IAG has already ordered seven LR variants of the Airbus Group SE A321neo for trans-Atlantic services at Irish unit Aer Lingus and is evaluating plans for a wider roll-out that ...

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Business-jet deliveries fall to 12-year low

  Bloomberg Business-jet shipments tumbled to a 12-year low last year because of slow economic growth and probably won’t rebound until 2018 when new models debut. Deliveries fell 7.9 percent last year to 661 from a year earlier, according to the General Aviation Manufacturers Association. Sales tumbled 16 percent to $18.4 billion as demand for higher-priced large and medium aircraft ...

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Airbus sees Africa demand for 1,000 jets over next 20 years

  Bloomberg Airbus SE expects African operators to buy about 990 new planes over the next two decades to meet increasing demand for passenger and freight services on the continent. While making up only 3 percent of overall global demand, the planes will more than double the number of such aircraft on the continent, according to Airbus’ vice president for ...

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Qantas profit declines less than expected amid competition

  Bloomberg Qantas Airways Ltd.’s first-half earnings dropped less than the company’s forecast amid a recovery in the domestic market, while competition on international routes weighed on air fares. Shares jumped the most in almost eight months. Chief Executive Officer Alan Joyce, who is in the final six months of a three-year turnaround plan, said confidence is returning in the ...

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Trump-Iran tensions halt Indian carrier’s Tehran flight plans

  Bloomberg Air India Express, the low-cost unit of the South Asian nation’s flag carrier, has put on hold a plan to fly to Tehran amid renewed tensions between the U.S. and Iran after President Donald Trump imposed fresh sanctions on the Gulf country. Since some of Air India Ltd.’s plane purchases were funded by the Export-Import Bank of the ...

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UK urged to do more to tackle impact of Heathrow expansion

  Bloomberg The UK government is failing to show how it intends to tackle the potential environmental damage of building a third runway at London’s Heathrow Airport, according to a cross-party panel of lawmakers. Ministers are relying too much on people switching to cleaner cars to reduce particulate air pollution and have given no guarantees on air-quality targets after the ...

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Boeing fighter jet gets new life from Trump tweets

  Bloomberg Boeing Co.’s Super Hornet is poised for a surprising comeback thanks to President Donald Trump’s Twitter broadsides and a strike-fighter shortage caused by delays to Lockheed Martin Corp.’s F-35 program. Until recently, Boeing’s combat jet was on life support, with work at its St. Louis factory slowing to a crawl as orders dwindled. But that was before Congress ...

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Airbus’s annual profit falls on a350 costs, a320neo holdups

  Bloomberg Airbus Group SE booked new charges against the delayed A400M military-transport plane and warned that cost overruns will extend into 2018 at least, overshadowing company forecasts for increased earnings this year. Europe’s biggest planemaker announced a 2.2 billion-euro ($2.3 billion) hit to cover the cost of the latest glitches to afflict the troubled troop carrier and asked government ...

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