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Airbus Indonesia supplier targets ‘parts orders’

Bloomberg Dirgantara Indonesia, a supplier of aluminum wing components for Airbus SE’s A320 and A380 model jets, is developing the production capability to supply non-metal aircraft parts as well. The company is “exploring opportunities” to produce so-called composite parts — typically made from fiberglass or carbon fiber — for both Airbus and Boeing Co within the next two years, President ...

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LandSec cuts mall values as UK retail crisis erodes rents

Bloomberg Land Securities Group wrote down the value of its UK shopping centres by 11.7 percent as rental income declined and battered retailers shuttered more stores. Britain’s second-largest real estate investment trust lost about 10 million pounds ($13 million) of rent from retailers in the financial year that ended on March 31. That was outweighed by rising rents in the ...

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UAE leads Mena region in adopting holistic sustainability strategies

Dubai / Emirates Business The UAE currently leads the Mena region in organisations adopting a holistic strategy towards sustainability, according to a study sponsored by Emirates NBD that sheds light on the practices of sustainability and Corporate Responsibility management in the region. The study, which was conducted by Sustainable Square, a boutique advisory firm specialised in responsible investment, sustainability and ...

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