Page 30 - Tim Hepher News Today

PARIS (Reuters) - The chief executive of Rolls-Royce said on Tuesday the engine maker did not rule out future partnerships in the narrowbody market, but had a sufficient runway for growth in its large engine business to live without the medium-haul segment.

That deal, sketched in February, was at the time the largest ever announced by number of planes. But it was surpassed on day one of Paris show by rival IndiGo's order for 500 Airbus narrowbody jets

Record plane orders by India's top two carriers show the country's untapped potential for air travel and its rise as an aviation superpower, but recent airline failures and rows over regulations suggest progress may not be smooth. A day later, rival Air India firmed up an order for 470 Airbus and Boeing aircraft that, until Monday, had been the industry leading plane deal. With a total of almost 1,000 jet orders between them, IndiGo and Air India are betting an economic boom and grow...

For dealmakers, this week’s Paris Air Show will showcase the boom in demand for commercial planes and military technology. Airbus Chief Executive Guillaume Faury said things have begun to stabilise. But there is an emerging consensus that the industry’s sprawling supply chain - strained by rising costs, parts shortages and a scarcity of skilled labor in the wake of the pandemic - will have to be remade before it can recover fully, a process that will take years.

Swedish electric airplane maker Heart Aerospace said on Monday it had appointed John Slattery as its non-executive chairman, with the former Embraer planemaking boss continuing to serve as chief... | June 19, 2023

Europes Airbus announced a record order from Indian budget carrier IndiGo for 500 jets on the opening day of the Paris Airshow on Monday. The multibillion-dollar narrowbody deal is the... | June 19, 2023

State-owned carrier Biman Bangladesh Airlines has decided to purchase 10 planes from Airbus, in a shift from its Boeing-dominated fleet, the South Asian countrys junior minister for civil aviation... | June 19, 2023

State-owned carrier Biman Bangladesh Airlines has decided to purchase 10 planes from Airbus, in a shift from its Boeing-dominated fleet, the South Asian country's junior minister for civil aviation told Reuters on Monday. Ali's comments came after sources said the airline was close to a deal to buy 10 Airbus A350 widebody planes, marking its first order with the French planemaker. Airbus declined to comment.

State-owned carrier Biman Bangladesh Airlines has decided to purchase 10 planes from Airbus, Mahbub Ali, the countrys junior minister for civil aviation, told Reuters. Alis comments to... | June 19, 2023

By Ruma Paul and Tim Hepher DHAKA/PARIS (Reuters) - State-owned carrier Biman Bangladesh Airlines has decided to purchase 10 planes from Airbus, in a ...