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Lessor to buy planes ‘for Indonesian airline’

  Shanghai / AFP An aircraft leasing company will buy 30 of China’s homegrown regional jets for an Indonesian airline to use, a statement said, just two weeks after the ARJ21 made its first commercial flight. Beijing is keen to build an aerospace industry of its own, and almost all orders for the long-delayed ARJ21 aircraft — which was supposed to ...

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Burberry names Gobbetti as next chief executive

  London / AFP Burberry appointed Celine chairman Marco Gobbetti as its next chief executive, replacing Christopher Bailey who will become the British luxury fashion group’s new president. Gobbetti, currently the chairman and chief executive of French luxury brand Celine, will join the board in 2017 “as soon as he is contractually able to do so”, Burberry said in a recent ...

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Qatar Airways to prefer Boeing 737s over A320neos

  Bloomberg Qatar Airways is in discussions about purchasing as many as 30 Boeing Co. 737 airliners amid a dispute with Airbus Group SE over unresolved faults with its A320neo model. The carrier, which has canceled delivery of one A320neo due to glitches with engines made by Pratt & Whitney, will continue rejecting the plane until the issues are fixed, ...

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