Bloomberg Saudi Arabia will transfer airports to its sovereign wealth fund by mid-2018, as part of a nationwide privatization drive spurred by low oil prices. Airports will be turned into companies before being handed over to the Public Investment Fund, to help improve accountability, Faisal Al-Sugair, chairman of Saudi Civil Aviation Holding Co., said in a phone interview. The …

  Abu Dhabi / Emirates Business Etihad Airways Engineering (EAE) signed an agreement with Diehl Aerosystems to jointly design, manufacture and install the first serial produced 3D-printed cabin plastic part on an aircraft for one of its customers. Additive manufacturing – commonly referred to as 3D-printing – reduces lead time in design, decreases production cost of and enables speedier manufacturing. Etihad …

  Bloomberg Airbus SE is being sued by some former consultants after the earlier discovery of questionable practices related to aircraft sales led the European planemaker to overhaul its business-partner relationships. The review and related legal matters may have a material impact on future financial statements, Airbus said this month in its annual report. It is “too early to determine …