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Airbus edges back into front with Paris orders for A321XLR

Bloomberg Airbus SE muscled its way to the front again on the third day of the Paris Air Show, adding orders for its newest plane after US rival Boeing Co stole the spotlight with a mega-deal for its grounded 737 Max. The new A321XLR now has seven customers lined up after Qantas Airways Ltd and US-based Indigo Partners LLC signed ...

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KKR nears deal to exit from $2b helicopter firm

Bloomberg KKR & Co is nearing a deal to exit part of its stake in Weststar Aviation Services Sdn, Southeast Asia’s biggest provider of helicopters for the offshore energy industry, people with knowledge of the matter said. The private equity firm is in advanced talks to sell a portion of its 40 percent Weststar holding to the company’s controlling shareholder, ...

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AOT surges on higher fees

Bloomberg Airports of Thailand (AOT), the world’s biggest airport operator by market value, surged the most in six years in Bangkok trading after announcing higher-than-expected concession fees for duty free shops and commercial areas at four of the Southeast Asian nation’s international airports. The state-controlled company will receive 20 percent of sales, with a minimum guarantee of 15.4 billion baht ...

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