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FAA starts its bid to restore confidence in Boeing’s Max

Bloomberg The US Federal Aviation Administration (FAA) took a potentially important step towards rebuilding confidence not only in the Boeing Co 737 Max but also in the agency itself, convening a week-long summit of civil aviation regulators from Brussels to Beijing. Led by former National Transportation Safety Board Chairman Christopher Hart, delegates from eight overseas nations and the European Union ...

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Airbus earnings soar on higher output of rival to Boeing’s Max

Bloomberg Airbus SE earnings surged in the first quarter as the European planemaker churned out higher numbers of the A320 narrow-body jet that’s the biggest global rival to Boeing Co’s grounded 737 Max. The company delivered 126 A320s, a model that appears to have overcome a run of engine manufacturing faults just as the 737 faces questions about its future ...

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Lufthansa halts its low-cost arm’s capacity growth as fare war bites

Bloomberg Deutsche Lufthansa AG halted capacity expansion at its Eurowings low-cost arm after the group’s first-quarter margins were squeezed by rising fuel bills and overcapacity that’s sparked a Europe-wide fare war. Europe’s biggest airline is abandoning plans to increase capacity at Eurowings by 2 percent this year. Lufthansa issued a profit warning that attributed a plunge in earnings before interest ...

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