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AirAsia to buy more jets to meet demand

BLoomberg AirAsia Bhd., the budget airline that has grown to become one of the biggest customers of Airbus SE planes, could consider buying more aircraft as economic expansion across India, China and the Southeast Asian nations propel travel demand across the continent. “Right now, we are short of aircraft,” Tony Fernandes, AirAsia group chief executive officer, said in an interview ...

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Boeing’s 787 Dreamliner wins federal approval

Bloomberg Boeing Co.’s newest and largest 787 Dreamliner got the federal approval it needs to fly commercially, winning authorisation before the recent US government shutdown. The certification concludes a flight-test programme that began last March for the first of the 787-10 carbon-fibre jets to be assembled solely at Boeing’s South Carolina factory, the Chicago-based planemaker said. That clears one of two ...

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Airbus gets pre-delivery payments from Hainan Air

Bloomberg Airbus SE has received “hundreds of millions of dollars” in pre-delivery payments from carriers under the Hainan Airlines Holding Co. umbrella and is sufficiently protected from any financial risks involving the customer, John Leahy, the European planemaker’s chief of sales, said. “We build airplanes so you’d have an industrial risk if they were to get into some serious financial ...

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