Page 107 - Tim Hepher News Today

Airline consolidation set back five years, IATA chief says By Laurence Frost and Tim Hepher Reuters 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. Alexandre de Juniac, the International Air Transport Associations outgoing director general, made the comments in an interview with Reuters as the organisation called fo...

By Reuters Staff Slideshow ( 2 images ) PARIS (Reuters) - Aircraft leasing giant AerCap’s acquisition of rival GECAS will reduce competition in the aircraft market, the head of global airline industry body IATA warned 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 is not good news for us.” The world’s two largest ...

Wausau, WI, USA / WSAU News/Talk 550 AM · 99.9 FM | Wausau, Stevens Point Mar 17, 2021 8:29 AM 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 do...

AerCap-GECAS deal may hurt aircraft market competition - IATA 03/17/2021 13:54 PARIS (Reuters) - Aircraft leasing giant AerCaps acquisition of rival GECAS will reduce competition in the aircraft market, the head of global airline industry body IATA warned 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 is not good news for...

By Reuters Staff Slideshow ( 2 images ) PARIS (Reuters) - Aircraft leasing giant AerCap’s acquisition of rival GECAS will reduce competition in the aircraft market, the head of global airline industry body IATA warned 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 is not good news for us.” The world’s two largest ...

By Rachit Vats and Eric M. Johnson (Reuters) - Boeing Co unveiled a new order for its 737 MAX on Friday, pushing its shares up 6% as it renews efforts to recapture investor confidence following a two-year safety crisis. The deal to sell 24 of the 737-8 model to a backer of Canadian low-cost carrier Flair Airlines comes after Reuters reported it was poised to win another, much larger deal with Southwest Airlines. Shares in Boeing rose 6.2% to $267.86. Boeing has been trying to rebuild its im...

PARIS — Airbus is canvassing airline support for a potential freighter version of its A350 passenger jet, targeting a key stronghold of U.S. rival Boeing as…

Airbus is canvassing airline support for a potential freighter version of its A350 passenger jet, targeting a key stronghold of U.S. rival Boeing as e-commerce lifts demand for transported goods, people familiar with the matter told Reuters.

Exclusive: Airbus targets Boeings freight fortress with potential A350 cargo jet - sources Reuters 3/12/2021 By Tim Hepher © Reuters/Tim Chong FILE PHOTO: An Airbus A350-900 aircraft performs a flight pass during the Singapore Airshow in Singapore By Tim Hepher PARIS (Reuters) - Airbus is canvassing airline support for a potential freighter version of its A350 passenger jet, targeting a key stronghold of U.S. rival Boeing as e-commerce lifts demand for transported goods, ...

By Tim Hepher PARIS (Reuters) - Airbus is canvassing airline support for a potential freighter version of its A350 passenger jet, targeting a key stro...