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Search Result for “aircraft”

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BUSINESS

Paris Air Show back with climate, defence in focus

AFP, Published on 19/06/2023

» PARIS - The Paris Air Show opens Monday after a four-year break with the aerospace industry bouncing back from the Covid-19 pandemic but under pressure to slash its carbon footprint.

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BUSINESS

Air travel to soar near record in 2023: industry group

AFP, Published on 05/06/2023

» ISTANBUL: Airlines will return to profit and fly a near-record 4.35 billion passengers this year, but the sector's post-pandemic recovery remains fragile, an industry group said on Monday.

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BUSINESS

Air India unveils record plane order with Airbus, Boeing

AFP, Published on 15/02/2023

» BENGALURU (INDIA) - Air India will purchase 470 planes from Airbus and Boeing under an historic pair of mega agreements announced Tuesday, transforming the former national carrier as it prepares for scorching growth.

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BUSINESS

Airbus pays 15.9m euros to close French corruption probe

AFP, Published on 01/12/2022

» PARIS: A French judge on Wednesday allowed European aerospace firm Airbus to pay 15.9 million euros ($16.4 million) to avoid a corruption probe into aircraft deals in Libya and Kazakhstan between 2006 and 2011.

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BUSINESS

Boeing fined $200m for misleading investors on 737 MAX safety

AFP, Published on 23/09/2022

» NEW YORK: US securities officials fined Boeing $200 million over the aviation giant's misleading assurances about the safety of the 737 MAX airplane following two deadly crashes, regulators announced Thursday.

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BUSINESS

Boeing outmanoeuvres Airbus at first Farnborough since Covid

AFP, Published on 22/07/2022

» FARNBOROUGH: US planemaker Boeing triumphed this week as it scooped up more orders than its European rival Airbus at the first Farnborough Airshow since aviation was ravaged by Covid.

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BUSINESS

Rolls-Royce champions energy transition at Farnborough

AFP, Published on 20/07/2022

» LONDON: British aircraft engine maker Rolls-Royce is "championing" the energy transition and the decarbonisation of aviation, its outgoing chief executive Warren East told AFP on Tuesday at the Farnborough airshow.

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BUSINESS

Heatwave-hit Farnborough airshow basks in bumper Boeing order

AFP, Published on 19/07/2022

» FARNBOROUGH: Britain's Farnborough airshow flew into view Monday under a sweltering heatwave, as US planemaker Boeing basked in the glow of the first gigantic order in global aviation's first get-together since Covid.

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BUSINESS

Farnborough airshow opens amid heatwave

AFP, Published on 18/07/2022

» FARNBOROUGH: Global aviation's Farnborough airshow opens Monday amid a sweltering heatwave, with the sector aided by a modest recovery in air traffic and with Ukraine boosting defence budgets.

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BUSINESS

Air industry recovery gathering pace despite uncertainty: IATA

AFP, Published on 20/06/2022

» DOHA: Air passengers are expected to hit 83% of pre-pandemic levels this year and the aviation industry's return to profit is "within reach" in 2023 despite ongoing uncertainty, the International Air Transport Association said on Monday.