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Airbus wrestles with problem planes as profit halves in Q1

  Bloomberg Airbus SE said three problem aircraft programs are set to remain a bugbear for the rest of the year after weighing on earnings in the first quarter. The planemaker is waiting on a fix for glitches afflicting engines on its new A320neo narrow-body jet, while production delays persist on the twin-aisle A350, Airbus said on Thursday. And talks ...

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United to pay oversold fliers up to $10,000

  Bloomberg United Continental Holdings Inc. will offer as much as $10,000 to passengers who voluntarily give up their seats on oversold flights, one of 10 changes the airline is adopting after a customer was dragged off a plane by security officers. The carrier will also reduce the overbooking of flights and refrain from calling in law enforcement officials unless ...

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China seeks European regulatory nod for C919

  Bloomberg China plans to get European regulatory approval for the C919, a move that would boost the appeal of the nation’s first domestically produced large jet to overseas buyers. The nation will seek to gain the European Aviation Safety Agency’s certification for the C919 as part of negotiations under a China-E.U. air-safety agreement, Li Jian, deputy administrator of the ...

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