Page 108 - Tim Hepher News Today

<div class="at-above-post addthis_tool" data-url="https://www.metro.us/boeing-unveils-order-for/"></div>(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 […]<!-- AddThis Advanced Settings ab...

Article content 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 e-commerce lifts demand for transported goods, people familiar with the matter told Reuters. The jet would be the first freighter spin-off of the latest generation of carbon-fiber jets and help stabilize output of wide-body jets that have been badly hit by the COVID-19 crisis. We apologize, but this video has failed to loa...

Hard lessons help AerCap boss Kelly rebuild air finance titan Tim Hepher , By Tim Hepher and Conor Humphries DUBLIN (Reuters) - When Irishman Aengus Kelly got his first job in aircraft leasing in 1996 it was with a firm so down on its luck the American giant General Electric had an option to buy it for one dollar. Three years earlier, GE had taken over the jewels of ruined Irish leasing empire Guinness Peat Aviation for $1.3 billion and renamed it GECAS, wh...

3 Min Read (Reuters) - Rolls-Royce said on Thursday it had extended an exclusive deal to provide engines for the Airbus A350-900 to 2030, cementing its alliance with the European plane maker and deferring a potential challenge from rival General Electric. FILE PHOTO: Rolls Royce Trent XWB engines, designed specifically for the Airbus A350 family of aircraft, are seen on the assembly line at the Rolls Royce factory in Derby, November 30, 2016. REUTERS/Paul Ellis/Pool Rolls already had a formal ...

AerCap to buy GE’s aircraft leasing unit in $30 billion deal FILE PHOTO: Aengus Kelly, CEO of AerCap, speaks during a panel discussion at the 2015 International Air Transport Association (IATA) Annual General Meeting (AGM) and World Air Transport Summit in Miami Beach, Florida, June 8, 2015. REUTERS/Joe Skipper/File Photo March 10, 2021 By Shreyasee Raj and Conor Humphries (Reuters) – The world’s two largest aircraft leasing companies are combining to create a new financing giant aft...

5 Min Read (Reuters) - At one of the world’s busiest airports, immigration officials are uncovering fake COVID-19 test results daily by checking the required documentation for misplaced letters and errant vowels. FILE PHOTO: A public health campaign message is displayed on an arrivals information board at Heathrow Airport, following the outbreak of the coronavirus disease (COVID-19), London, Britain, July 29, 2020. REUTERS/Toby Melville “Normally the way this type of counterfeit is spotted ...

5 Min Read PARIS (Reuters) - A tie-up between leasing giants AerCap and General Electric unit GECAS would reshape global air finance and reunite entities torn apart in one of Ireland’s most spectacular corporate collapses three decades ago. FILE PHOTO: Aengus Kelly, CEO of AerCap, speaks during a panel discussion at the 2015 International Air Transport Association (IATA) Annual General Meeting (AGM) and World Air Transport Summit in Miami Beach, Florida, June 8, 2015. REUTERS/Joe Skipper/Fil...

Aircraft leasing is poised for its biggest shake-up in almost a decade as its top two players, AerCap Holdings and General Electric Cos GECAS, discuss a deal to forge an industry titan with more... | March 12, 2021

Aircraft leasing is poised for its biggest shake-up in almost a decade as its top two players, AerCap Holdings and General Electric Co's GECAS, discuss a deal to forge an industry titan with more than 2,000 jets, people familiar with the matter said on Monday.

Planemakers Airbus and Boeing are bracing for hefty jet order cancellations from troubled Norwegian Air amid restructuring proceedings, industry sources said.