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Latvia’s airBaltic ups Bombardier order to $1.5 billion

  Riga / AFP Latvia’s airBaltic, which will be the first airline to operate Bombardier’s CS300 plane commercially, said it had increased its order with the Canadian manufacturer from 13 to 20 aircraft. “This brings the total order for 20 planes to a book price of around $1.5 billion” (1.3 billion euros), airBaltic spokesman Janis Vanags said. The Latvian flag ...

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Bezos uses Amazon as guide to bring rocket rides to masses

  Bloomberg Commercial space exploration can advance at the fast pace of internet commerce only if the cost is reduced through advances in reusable rockets, Amazon.com Inc. Chief Executive Officer Jeff Bezos said. The e-commerce pioneer drew comparisons between the growth of his online retail business over the past 20 years and his investments in space exploration with his company ...

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Masdar City expansion plans get green light

  Abu Dhabi / WAM Masdar, Abu Dhabi’s renewable energy and sustainable development company, and the Abu Dhabi Urban Planning Council (UPC) on Tuesday announced the UPC’s approval of the Detailed Master Plans for Phases 2 and 5 of Masdar City, one of the world’s most sustainable urban developments. Masdar City is targeting a 4 Pearl Estidama Community Rating, the ...

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