Page 102 - Tim Hepher News Today

Luxury jet makers battle over lucrative spy plane niche By Allison Lampert and Tim Hepher Reuters MONTREAL/PARIS (Reuters) - Last month, a ghostly grey business jet took off from central Sweden and headed across the Baltic on a routine spying mission. The converted Gulfstream, caught on a tracking website, was flown by the Swedish Air Force and patrolled an area thick with Russian radar signals off the militarised coast of Kaliningrad. Apart from a couple of unobtrusive bulges underneath, S...

Airbus tells suppliers to plan for 18% output hike in 2022 -sources Reuters 1 day ago PARIS, May 11 (Reuters) - Europes Airbus is asking key suppliers to get ready for a further 18% increase in A320-family jetliner output on top of current targets to 53 a month by end-2022, as airlines gear up for a return towards normal travel, industry sources said. The goal remains informal and Airbus has only committed to raising output in two steps to 45 a month by end-2021 from the current level of 40. ...

* Airbus plans to raise A320-family output to 45/mth by end-2021 * Sources say informal goal would lift that to 53/mth by end-2022 * Moodys upgrades outlook for global airlines sector PARIS, May 11 (Reuters) - Airbus is asking key suppliers to get ready for a further 18% increase in A320-family jet output by the end of 2022, on top of existing targets for this year, as airlines eye a partial return to normal travel, industry sources said. The tentative new planning goal would lift output of the...

Airbus Jan-April deliveries up 25% as some markets reopen 05/07/2021 | 02:22pm EDT Send by mail : Message : Required fields PARIS (Reuters) -Airbus delivered 45 jets in April, bringing its total so far this year to 170 - up 25% from the same period of 2020 when airlines were reeling from the first shock of COVID-19. April deliveries trebled compared to the same period a year earlier, but slipped from 72 in March, company data showed. U.S. and Chinese domestic markets have seen a surge in travel...

By Syndicated Content May 7, 2021 11:06 AM PARIS (Reuters) – Airbus delivered 45 jets in April, bringing its total so far this year to 170 – up 25% from the same period of 2020 when airlines were reeling from the first shock of COVID-19. The European planemaker said it had won 48 orders in April – led by a previously reported order for 25 A321neo jets from Delta Air Lines – and taken 22 new cancellations. So far this year Airbus has won 87 orders while seeing the...

(Adds detail and background) PARIS, May 6 (Reuters) - French defence and technology group Thales posted higher than expected first-quarter revenues and orders as it returned to growth in the wake of the coronavirus crisis. The French group said quarterly revenues rose 1.9% on a like-for-like basis to 3.917 billion euros ($4.70 billion), led by demand for military radars and cybersecurity and offsetting lower civil aerospace activity heavily impacted by the pandemic. The intake of new orders jum...

4 Min Read MONTREAL (Reuters) -The United States has joined an international investigation into suspected bribery related to decade-old sales of Bombardier jets to Garuda Indonesia, the Canadian planemaker said on Thursday. FILE PHOTO: Bombardiers logo is seen on the building of the companys service centre at Biggin Hill, Britain March 5, 2018. REUTERS/Peter Nicholls Bombardier, the latest aerospace group to face scrutiny over middlemen in past jet deals, said the U.S. Department of Justice req...

By Reuters Staff 2 Min Read PARIS, May 6 (Reuters) - French defence and technology group Thales posted higher than expected first-quarter revenues and orders as it returned to growth in the wake of the coronavirus crisis. The French group said quarterly revenues rose 1.9% on a like-for-like basis to 3.917 billion euros ($4.70 billion), led by demand for military radars and cybersecurity and offsetting lower civil aerospace activity heavily impacted by the pandemic. The intake of new orders jump...

By Allison Lampert and Tim Hepher MONTREAL, May 6 (Reuters) - The United States has joined an international investigation into suspected bribery related to decade-old sales of Bombardier jets to Garuda Indonesia, the Canadian planemaker said on Thursday. Bombardier, the latest aerospace group to face scrutiny over middlemen in past jet deals, said the U.S. Department of Justice requested documents and information in February relating to the acquisition and lease of its CRJ1000 aircraft to the I...

EU-DEFENCE/FIGHTERJET (UPDATE 1):UPDATE 1-Germany, France, Spain reach general agreement over fighter jet - source