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Kuwait may sign plane deal in May, Airbus favored

airbus_logo

(Reuters) – Kuwait is studying plans by its airline to buy 25 Airbus jets, a source with knowledge of the matter said, in the most sweeping overhaul since part of its fleet was seized after Iraq invaded the Gulf state… Continue reading

NASA Extends Russia Space Travel Deal

ISSWASHINGTON, April 30  – NASA will pay an additional $424 million to extend its contract with Russia’s Federal Space Agency (Roscosmos) to transport US astronauts to and from the International Space Station (ISS), NASA said Tuesday, a move that America’s… Continue reading

British Airways parent IAG, Boeing reach deal on 18 Dreamliners

Boeing 787 Dreamliner testplane LB2011

International Airlines Group said on Wednesday it had firmed up orders for 18 of Boeing’s 787 Dreamliners, a show of confidence in the jet that has been grounded since January because of battery problems.

The long-haul aircraft would replace some… Continue reading

Iberia strike called off after deal: company

iberia_logoAFP

Workers of Spanish airline Iberia called off a third five-day strike in a dispute over thousands of job cuts after unions accepted a mediation plan, the company said on Wednesday.

“Iberia and the union representatives of 93 percent of… Continue reading

Mitsubishi Aircraft in 100 jet deal with SkyWest

MRJ Mitsubishi Regional JetAFP

Mitsubishi Aircraft said Thursday it has signed a deal with US-based carrier SkyWest for 100 jets worth $4.2 billion, with an option to buy another 100 planes, in a “major order” for the Japanese firm.

The Japanese company, founded… Continue reading

Back to drawing board after Berlin halts BAE, EADS deal

(Reuters) – Europe’s two biggest aerospace firms will go back to the drawing board to find new strategies after Germanystymied the world’s biggest arms and aviation company merger.

Britain’s BAE Systems, which earns nearly half its revenue selling arms to… Continue reading

Eurocopter sees German defence deal in 2-3 months

* Eurocopter CEO says talks are very constructive

* Says wants deal to include about 15 naval NH-90s

* Says X3 technology to take 6-7 yrs to come to market

(Reuters) – Eurocopter, a unit of European aerospace and defence… Continue reading

Embraer and Conviasa sign a deal for up to 20 E190 jets

Embraer announced today an agreement with Venezuela’s Conviasa Airlines for the sale of six EMBRAER 190 jets. The deal also includes 14 purchase options for the same aircraft model. The value of the order, at list price, is USD 271.2… Continue reading

BAE Systems near $800 mln Saudi Hawk deal -report

(REUTERS) BAE Systems is close to sealing a 500 million pounds ($808 million) deal to sell up to 30 Hawk trainer aircraft to Saudi Arabia, the Sunday Times reported.

The sale would provide some welcome relief for the defence giant,… Continue reading

AMR unions, in deal with US Air, want merger talks

(Reuters) – The three main unions at bankrupt American Airlines have reached a tentative deal with US Airways Groupintended to put pressure on a reluctant American to start merger talks with its rival, the unions and US Airways said on… Continue reading

Airbus close to signing big deal with Garuda

European aircraft manufacturer Airbus is close to signing a deal with Indonesian airline Garuda worth around 2.5 billion dollars, a source close to the matter said Tuesday.

“The negotiations between Airbus and Garuda are in the final phase and an… Continue reading

BAE Systems signs Saudi-Eurofighter deal

(Reuters) – Defence contractor BAE Systems said a contract to build 48 Typhoon aircraft in Britain for the Saudi Arabian air force had been signed but changes to the price of the deal had yet to be agreed.

BAE had… Continue reading