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Boeing beats Lockheed for $9.2bn Air Force trainer jets

Bloomberg Boeing Co. defeated Lockheed Martin Corp. to win its third prize in a recent flurry of defense contracts, snaring a US Air Force contest valued at as much as $9.2 billion to build training jets to hone the flying skills of future aviators. The 351 to 475 training aircraft and 120 ground-based training systems would be produced at Boeing’s ...

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Kansai airport to shut runways as typhoon nears

Bloomberg Kansai International Airport is planning to shut down its runways on Sunday as a powerful typhoon is expected to pass through the western Japan region. The airport’s operator said it will close two runways from 11 am local time on Sunday to 6 am on Monday, halting all takeoffs and landings. Train services also are expected to be impacted. ...

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Jet Airways leads Indian airline losses as Modi slaps duty on fuel

Bloomberg India’s struggling airlines are finding out there’s no end to their woes. Jet fuel, for which they already pay the world’s highest prices, just got dearer as Prime Minister Narendra Modi slapped a duty on imports as part of measures to arrest a slide in the rupee. Shares of Jet Airways India Ltd., SpiceJet Ltd. and InterGlobe Aviation Ltd. ...

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