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Cebu orders 31 Airbus planes worth $6.8bn

Bloomberg Cebu Air Inc ordered 31 aircraft from Airbus SE worth $6.8 billion as the Philippines’ largest budget carrier targets an all-new fleet in five years. The order for 16 A330neo and 15 A320neo family aircraft including 10 A321 XLR was made during the Paris Air Show, the airline owned by billionaire John Gokongwei said in a statement. The jets ...

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Virgin Atlantic plans to use Flybe as focus for ‘UK deals’

Bloomberg Virgin Atlantic Airways Ltd plans to use the purchase of UK regional carrier Flybe Group Plc for further takeovers of British operators so it can feed more passengers onto its long-haul flights. The carrier, founded by billionaire Richard Branson, would like to use Flybe to roll up more airlines into an expanded short-haul business as part of a plan ...

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Korean Air poised to order 30 widebody Boeing 787 jets

Bloomberg Korean Air Lines Co is poised to order 30 widebody Boeing 787 aircraft, according to people familiar with the matter, in a deal that would be the first for the US planemaker at the Paris Air Show after rival Airbus SE clinched a series of sales. The deal was expected to be announced as soon as Tuesday, said the ...

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