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787 Dreamliner takes flight in lift for Boeing cash plan

  Bloomberg Boeing Co.’s newest and largest 787 Dreamliner took wing, dipping and soaring for almost five hours above South Carolina during its first flight. The plane’s drama-free performance brought relief to Boeing officials after delays marred the first Dreamliner’s debut in 2011. The 787-10 even took off nearly 30 minutes earlier than scheduled, at around 9:37 a.m. local time, ...

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AirAsia plans Vietnam venture as traffic soars

  Bloomberg AirAsia Bhd., the low-cost carrier headed by Malaysian tycoon Tony Fernandes, plans to start a Vietnamese carrier in a local partnership, as cheap fares and rising incomes fuel a travel surge in the Southeast Asian nation. The region’s largest budget airline will partner Gumin Co., Hai Au Aviation Joint Stock Co. and businessman Tran Trong Kien for the ...

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Frontier Airlines files for initial public offering

  Bloomberg After three years of slashing costs and shaking up its flight routes, Frontier Group Holdings Inc. is ready to pitch its story to public investors. The no-frills carrier filed for a rare US airlines IPO with an offering size of $100 million, according to a filing Friday, which is a placeholder amount used to calculate fees and will ...

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