Page 106 - Tim Hepher News Today

3 Min Read PARIS (Reuters) - A rebound in air travel in China and the United States helped to drive a surge in March deliveries for Airbus, sending the planemaker’s shares higher. Airbus reported slightly higher deliveries for the first quarter and posted 39 gross orders, including a new deal for 20 A220s to an unidentified buyer. FILE PHOTO: The Airbus logo pictured at the companys headquarters in Blagnac near Toulouse, France, March 20, 2019. REUTERS/Regis Duvignau/File Photo But the compa...

Message : Required fields PARIS (Reuters) - A rebound in air travel in China and the United States helped to drive a surge in March deliveries for Airbus, sending the planemakers shares higher. Airbus reported slightly higher deliveries for the first quarter and posted 39 gross orders, including a new deal for 20 A220s to an unidentified buyer. But the companys net orders - which are adjusted for cancellations - remained in negative territory for the first quarter, with a total of minus 61 ...

5 Min Read CHICAGO (Reuters) - Airlines are bracing for challenges to tax breaks they receive from U.S. states as a result of wading in to a political debate over voting rights, rekindling a domestic tug of war between politics and profits. FILE PHOTO: Protesters gather outside of the Georgia State Capitol to protest HB 531, which would place tougher restrictions on voting in Georgia, in Atlanta, Georgia, U.S. March 4, 2021. Georgia enacted the restrictions on March 25. REUTERS/Dustin Chambers/...

Democrats say the tighter regulations are undemocratic and will hurt Black voters in particular. American Airlines and United Airlines have spoken out against measures that restrict voting access, sparking a furious response from Republicans who say the bills counter fraud. After Delta blasted Georgia’s Republican-backed voting bill last week, some lawmakers attempted to end its jet-fuel tax breaks. Now airlines are concerned that tax breaks that allow them to reduce fuel costs could be singl...

March delivery surge pushes Airbus jet supply higher in first quarter FILE PHOTO: An unmarked A320-214SL Airbus plane is seen on the tarmac at the Airbus factory in Blagnac PARIS (Reuters) – Airbus reported slightly higher deliveries in the first quarter with 125 aircraft handed over to airlines after a sharp increase in activity in March, company data showed on Thursday. Airbus also posted 39 gross orders, including a new deal for 20 A220s to an unidentified buyer. But the company saw th...

Xiamen Air starts modification on grounded Boeing 737 MAX Reuters 2 hrs ago BEIJING, April 6 (Reuters) - Xiamen Air has started technical modification on its grounded Boeing 737 MAX planes, the all-Boeing carrier said on Tuesday, although it said it does not have a timetable for the jets return to service in China. China is one of the last major markets to hold out on clearing the 737 MAX and an increasing headache for Boeing which replies on China for about a quarter of sales. "Boeing has re...

Airbus and Dassault reach tentative deal on FCAS fighter, source says

Airbus and Dassault reach tentative deal on FCAS fighter, source says FILE PHOTO: A French Air Force Airbus A400M is seen on the tarmac at the factory of French aircraft manufacturer Dassault Aviation in Merignac PARIS (Reuters) – Industrial partners including Airbus and Dassault Aviation have reached a tentative deal on the European FCAS fighter project after weeks of deadlock over workshare and other topics, a person close to the matter said on Friday. The agreement, first reported by L...

AerCap-GECAS tie-up is bad news for airlines, says IATA chief 03/17/2021 13:29 PARIS (Reuters) - Aircraft leasing giant AerCaps acquisition of rival GECAS will reduce competition in the aircraft market and spells bad news for airlines, the head of their main global body said on Wednesday. "We understand that the situation of the leasing companies is difficult," IATA Director General Alexandre de Juniac told Reuters. "But combining the two to have a big player (in) a very dominant situation ...

4 Min Read PARIS (Reuters) - The large-scale government intervention in airlines triggered by the coronavirus crisis will hold back sector consolidation for up to five years, the head of global industry body IATA predicted on Wednesday. FILE PHOTO: International Air Transport Association (IATA) Director General and CEO Alexandre de Juniac speaks during the Global Media Day in Geneva, Switzerland December 5, 2017. REUTERS/Pierre Albouy Alexandre de Juniac, the International Air Transport Associa...