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Airbus A330neo best fit for Asian travel: Avolon

Bloomberg Avolon, the aircraft-leasing company acquired by the parent of China’s Hainan Airlines Co., is in talks with carriers keen to add Airbus Group SE’s A330neo to their fleets and may increase orders for the new wide-body jet as Asian travel demand spikes. “We’ve been in discussions with Airbus, as we place more, we may order more,” Chief Executive Officer ...

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Amazon makes foray into fashion world

New York / AFP Amazon has been making moves over the past few months to position itself as a force in the ready-to-wear fashion world. The Seattle-based online retail titan has already revolutionised how consumers shop and has been selling clothes for more than a decade. In 2006, it bought the site Shopbop and snapped up online footwear go-to Zappos ...

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Move to OK commercial drone flights over cities

WASHINGTON /AP A US government-sponsored committee is recommending standards that could clear the way for commercial drone flights over populated areas and help speed the introduction of package delivery drones and other uses not yet possible. The Federal Aviation Administration (FAA) currently prohibits most commercial drone flights over populated areas, especially crowds. That ban frustrates a host of industries that ...

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