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July 18, 2018 3:57 PM Factbox: Airbus and Boeing aircraft deals at Farnborough Airshow

(Reuters) - Following is a summary of commercial aircraft deals announced by Airbus (AIR.PA) and Boeing (BA.N) at the Farnborough Airshow in southern England. The two companies have so far signed deals worth more than $100 billion at current list prices. However, this is a gross number. Several of the deals firm up provisional ones, disclose previously 61

July 18, 2018 1:14 AM China cuts Air China's flight hours, launches safety review after incident

SHANGHAI (Reuters) - China’s aviation regulator will cut Air China’s flight hours for its Boeing 737 fleet by 10 percent and cancel the licenses for the pilot and co-pilot involved in an emergency descent incident last week, Chinese state television said. The regulators also would launch a safety crackdown on Air China for three months and fine the airline 65

July 17, 2018 9:32 PM Airbus Deal Brings Battle With Boeing to Small-Plane Market

The European plane maker’s $5.5 billion order for its new jetliner could escalate pressure in the segment for 100-seat planes FARNBOROUGH, England—European plane-making giant Airbus SE on Tuesday secured a $5.5 billion order for its new jetliner, the A220, with a planned U.S. startup carrier, ramping up the pressure in the small jetliner market that Boeing 58

July 16, 2018 9:50 PM Mexico's Damojh says steep take-off caused Cuba plane crash

MEXICO CITY (Reuters) - Mexican aviation company Damojh said on Monday a very steep take-off angle led one of its planes to crash in Cuba in May, killing 112 people, according to black boxes retrieved from the wreckage. “The crew led the plane to take off with a very pronounced ascent, creating a lack of lift that caused the aircraft to plunge as a result 76

July 16, 2018 7:06 PM Boeing and Airbus Land $43 Billion Worth of Airliner Orders

The deals increase pressure on both to boost production further, despite supply-chain bottlenecks that have hampered output this year Boeing Co. and Airbus SE announced more than $43 billion in airliner orders, adding pressure on both to further boost plane production despite supply-chain bottlenecks that have hampered output this year. Single-aisle 50

July 16, 2018 5:48 PM Pratt & Whitney promises to meet engine production demands

FARNBOROUGH, England (Reuters) - Pratt & Whitney’s Chief Executive Greg Hayes said on Monday his company will be able to overcome supply chain problems to ramp up engine production next year as planemakers’ orders swell. Europe’s Airbus SE (AIR.PA) has said it is aiming for output of 60 narrowbodies a month in 2019 with surge capacity of 63 a month 38

July 16, 2018 12:56 PM Brazil's Embraer snags $1.1 billion order from United Airlines

SAO PAULO (Reuters) - Embraer SA (EMBR3.SA) has signed a firm order with United Airlines (UAL.N) for twenty-five 70-seat E175 jets, the Brazilian planemaker said on Monday, providing a boost to the company shortly after JetBlue Airways Corp (JBLU.O) opted to replace its fleet of Embraer jets with ones made by Airbus SE (AIR.PA). Under the contract, worth 50

July 16, 2018 12:37 PM Boeing, United announce order for four 787 dreamliners

FARNBOROUGH, England (Reuters) - United Airlines (UAL.N) said on Monday it would buy four new Boeing Co (BA.N) 787-9 widebody jetliners, as the third-largest U.S. air carrier looks to refresh its fleet with more efficient planes. The deal, valued at roughly $1.1 billion at current list prices and announced during the Farnborough Airshow in southern England 45

July 15, 2018 2:41 PM Boeing, Airbus Strain to Deliver the New Jets They Have Promised

Some airlines have been left waiting for months for new planes because of engine shortage, production delays at fuselage maker Boeing Co. and Airbus SE, swamped with orders for new jets, are struggling to deliver them all on time—in some cases angering customers and delaying payments. Airbus has missed a number of deadlines for deliveries, forcing airline 69

July 13, 2018 6:14 PM Boeing to incur charge related to sale of production facilities

(Reuters) - Boeing Co (BA.N) said on Friday it would incur a charge of $124 million in the second quarter related to the sale of some production facilities to Spirit Aerosystems (SPR.N). The announcement came after the Delaware Supreme Court ruled that the planemaker is not entitled to recover certain costs associated with the 2005 sale of its production 48