Page 109 - Tim Hepher News Today

The chief executive of French planemaker Dassault Aviation raised the prospect of an alternative plan on Friday if talks between France, Germany and Spain on a joint fighter plane break down, but said he still believes in the project.

The chief executive of French planemaker Dassault Aviation raised the prospect of an alternative plan on Friday if talks between France, Germany and Spain on a joint fighter plane break down, but said he still believes in the project.

Message : Required fields DUBLIN, March 5 (Reuters) - Norwegian Air expects its dispute with Boeing over the cancellation of orders for 97 aircraft to be decided in U.S. legal proceedings and not as part of an Irish restructuring process, a lawyer for the airline said on Friday. Norwegian was given protection from bankruptcy in both Norway and Ireland, where most of its assets are registered, late last year and is aiming to emerge from the process in April with fewer aircraft and less debt. On ...

By Reuters Staff 2 Min Read PARIS (Reuters) - Dassault Aviation took a step closer on Friday to refreshing its line-up of business jets, saying the first flight of its Falcon 6X was imminent and promising details of a new Future Falcon aircraft in “months or even weeks”. Slideshow ( 2 images ) The two initiatives are crucial if Dassault is to maintain its grip on the corporate jet market after a development setback, but shares in the French planemaker stumbled as it predicted lower deliveri...

By Reuters Staff 2 Min Read PARIS (Reuters) - Dassault Aviation took a step closer on Friday to refreshing its line-up of business jets, saying the first flight of its Falcon 6X was imminent and promising details of a new Future Falcon aircraft in “months or even weeks”. Slideshow ( 2 images ) The two initiatives are crucial if Dassault is to maintain its grip on the corporate jet market after a development setback, but shares in the French planemaker stumbled as it predicted lower deliveri...

By Tim Hepher PARIS (Reuters) - Boeing Co has raised concerns over the design of arch-rival Airbus newest narrow-body jet, the A321XLR, saying a novel type of fuel tank could pose fire risks. The U.S. plane giants intervention is not without precedent in a global system that regularly allows manufacturers to chime in whenever safety rules are being interpreted in a way that might affect the rest of the industry. But it comes at a pivotal moment as Boeing emerges from a two-year safety crisi...

* Boeing deal unlikely before restructuring over - CFO * Detailed plan expected next week (Adds detail on aircraft orders) OSLO, Feb 26 (Reuters) - Norwegian Air booked an impairment charge of 12.8 billion crowns ($1.5 billion) in the fourth quarter as it cancelled a major Airbus order and plans to shrink its current fleet to avoid bankruptcy. Norwegian received protection from bankruptcy late last year in both Norway and Ireland, where most of its assets are registered, and it aims to come out...

PARIS — European planemaker Airbus on Friday joined a growing list of companies outlining the environmental impact of their products, as aviation aims to…

By Reuters Staff 2 Min Read PARIS, Feb 25 (Reuters) - France’s Safran predicted a gradual recovery from the aviation industry’s worst crisis, after seeing demand for its jet engines and services drop sharply last year. The world’s third largest aerospace contractor said its 2020 recurring operating income fell 56% to 1.686 billion euros ($2.1 billion) as revenues fell 33% to 16.498 billion. Operating margin dropped 530 basis points to 10.2%. For 2021, Safran expected this key profitabilit...

Boeing, hit with $6.6 million FAA fine, faces much bigger 787 repair bill - sources By Eric M. Johnson and David Shepardson Reuters SEATTLE/WASHINGTON (Reuters) - Boeing Co will pay $6.6 million to U.S. regulators as part of a settlement over quality and safety-oversight lapses going back years, a setback that comes as Boeing wrestles with repairs to flawed 787 Dreamliner jets that could dwarf the cost of the federal penalty. Boeing is beginning painstaking repairs and forensic inspections ...