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Airbus A380 slowdown, Brexit concerns weigh on UK engineer GKN

Bloomberg Airbus SE’s superjumbo production cuts are starting to affect suppliers, with GKN Plc saying the slow-selling A380 is weighing on revenue, highlighting the intertwined nature of the aviation industry as the U.K. engineer considers following the planemaker should it move plants abroad after Brexit. The impact of Airbus’s plan to slow output of the double-decker A380 is being felt ...

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Dubai Airport processes 43mn passengers in H1

WAM Passenger traffic at Dubai International (DXB) surpassed 43 million in the first half of 2017, according to the traffic report issued today by operator Dubai Airports. During the first six months, the top country destinations in terms of total passenger volumes were India, with 5,943,359 passengers, followed by Saudi Arabia, the UK with 3,064,172 passengers, Pakistan, and 1,561,559 flyers ...

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State airline asked S Africa for $772mn

Bloomberg South African Airways asked the government for $772 million as part of a recapitalization plan aimed at returning the state-owned carrier to profit, according to Finance Minister Malusi Gigaba. The request was included in a one-year corporate plan submitted by the airline to the National Treasury in March, Gigaba said in a written reply to a question from opposition ...

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