SINGAPORE (Reuters) – Asian airlines face “drastic” cuts in their planned growth because of the coronavirus crisis, an industry group warned, adding gloom to an already depleted Singapore Airshow as more companies scaled back plans on Monday. The Singapore Air... More »
SYDNEY/MONTREAL (Reuters) – Some aerospace companies including business jet manufacturers Textron Inc and General Dynamics Corp’s Gulfstream division said they no longer planned to attend the Singapore Airshow due to the new coronavirus epidemic. The trade por... More »
DUBAI (Reuters) – Dubai state-owned airline Emirates [EMIRA.UL] was close to a deal on Monday to finalize at least part of a provisional order for 70 wide-body aircraft from Europe’s Airbus (AIR.PA), industry sources said. The Dubai carrier has scheduled a new... More »
DUBAI (Reuters) – Abu Dhabi-based Etihad Airways still has a long way to go to become profitable, Group CEO Tony Douglas said on Monday. “We are slightly ahead of where we plan to be. And if we stay focused will see a very strong Etihad,” Douglas told reporter... More »
DUBAI (Reuters) – Russia’s military export sales have not fallen despite U.S. sanctions, the head of state conglomerate Rostec said on Monday. Rostec, whose business includes weapons manufacturer Kalashnikov as well as Russian Helicopters and United Aircraft C... More »
DUBAI (Reuters) – Airbus (AIR.PA) and Boeing (BA.N) fought to save billions of dollars of jet deals on Sunday as host airline Emirates kept the Dubai Airshow in suspense over dozens of tentative orders designed to fine-tune the world’s largest international ai... More »
DUBAI (Reuters) – Kuwait’s Jazeera Airways (JAZK.KW) is unhappy with delivery delays of Airbus (AIR.PA) aircraft and has no plans to place an order at this week’s Dubai Airshow, its chief executive said. Airbus and Boeing (BA.N) are vying for an order of up to... More »
(Reuters) – An Airbus-backed air racing tournament unveiled an electric-powered sports aircraft on Sunday, billed as the world’s first, as the European planemaker seeks to boost its green aerospace technology. Several companies, including U.S. ride-hailing com... More »
PARIS (Reuters) – U.S. arms makers say European demand for fighter jets, missile defenses and other weapons is growing fast amid heightened concerns about Russia and Iran. The U.S. government sent a group of unusually high-ranking officials including Commerce ... More »
PARIS (Reuters) – Three astronauts instrumental in the groundbreaking U.S. space program of the 1960s and 70s gathered at the Paris Air Show on Tuesday to celebrate the 50th anniversary of Apollo 11, the mission that first put a man on the moon. Walter Cunning... More »
LE BOURGET, France (Reuters) – The explosion that destroyed a SpaceX astronaut taxi in April “no doubt” delays NASA’s drive to return Americans to the International Space Station from U.S. soil later this year, the U.S. space agency’s chief said on Tuesday. Bu... More »
PARIS (Reuters) – The Canadian government’s contracting arm is backing a proposed new satellite system that will use big data analytics to provide commercially available data about the Earth and its orbit amid growing concerns about the risks posed by space de... More »
PARIS (Reuters) – A next-generation drone being developed by several European nations must be price competitive or the project designed to project European unity and strength in an increasingly uncertain world will flounder, France’s defense minister warned on... More »
AVALON, Australia (Reuters) – Major global defense contractors want to sell Australia on cutting-edge technology such as high-altitude, solar-electric powered drones and optionally manned aircraft to keep an eye on the oceans. Airbus SE, Italy’s Leonardo SpA, ... More »
AVALON, Australia (Reuters) – Boeing Co has been shifting spare parts between its distribution centers in the United Kingdom and elsewhere in the world in preparation for Brexit, an executive said on Tuesday. Britain’s potential exit from the European Union wi... More »
FARNBOROUGH, England (Reuters) – Britain’s showy launch of a new fighter jet project at this week’s Farnborough Airshow has laid bare political tensions that are threatening to tear Europe apart and deepened scepticism about the future of European defense coop... More »
FILE PHOTO: The Boeing logo is seen on a Boeing 787 Dreamliner airplane in Long Beach, California March 14, 2012. REUTERS/Lucy Nicholson/File Photo SINGAPORE (Reuters) – Boeing may express interest in a jet fighter competition in Canada despite a recent trade ... More »
A United Parcel Service (UPS) truck on delivery is pictured in downtown Los Angeles, California, U.S., October 29, 2014. REUTERS/Mike Blake/Files SINGAPORE (Reuters) – A recovery in international trade is reviving demand for aircraft once proudly linked to lon... More »
An Airbus A380, the world’s largest jetliner, takes part in flying display, during the 52nd Paris Air Show at Le Bourget Airport near Paris, France June 25, 2017. REUTERS/Pascal Rossignol DUBAI (Reuters) – A preliminary deal to sell 36 A380s to Emirates blew u... More »
Emirates [EMIRA.UL] believes Airbus (AIR.PA) can meet demands from the airline's owner, the Dubai government, for the European planemaker to guarantee development of the superjumbo A380 program. More »
Emirates [EMIRA.UL] has the flexibility to order more Boeing (BA.N) 787s under the same commercial terms as its deal announced on Sunday, the airline's president Tim Clark said on Tuesday. More »
Rising Middle East tensions and a corruption crackdown in Saudi Arabia will cast a shadow over next week's Dubai Airshow, as military and aerospace leaders try to gauge whether they might prolong a weapons-buying spree in the region. More »
FILE PHOTO: Logo of Israeli defence electronics firm Elbit Systems is seen at their offices in Haifa, Israel February 26, 2017. REUTERS/Baz Ratner/File Photo Israeli defense electronics company Elbit Systems Ltd (ESLT.TA), (ESLT.O) is moving quickly to innovat... More »
A U.S. Lockheed Martin F-16 flies during an air display at the Farnborough International Air Show, Hampshire, July 19, 2004. REUTERS/Toby Melville U.S. defence firm Lockheed Martin (LMT.N) wants to push ahead with plans to move production of its F-16 combat je... More »
FARNBOROUGH, England Airbus (AIR.PA) bagged deals worth $20 billion to seize the initiative at a rain-soaked Farnborough Airshow on Tuesday, but industry executives said the mostly lackluster event confirmed a recent boom in aircraft orders was finally fizzlin... More »
FARNBOROUGH, England Europe’s Airbus on Tuesday cut the delivery target for its A380 superjumbo to 12 a year from 2018, down from 27 in 2015 and about half what is projected for this year, to prevent a glut of unsold planes as airlines shun the industry’s behe... More »
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