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"Aviation" tag
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Boeing, Airbus seek to outdo each other at Paris Air Show

Aviation giants Airbus and Boeing look to beef up their order books at the world’s biggest air show amid growing competition from new entrants. But in Paris the star performer is likely to be the...

Lufthansa orders big from Boeing and Airbus

German flagship carrier Lufthansa has placed multi-billion euro orders with the EU planemaker Airbus and its US rival Boeing. Lufthansa’s biggest order ever aims to cut fuel costs on the airline’s long-distance flights. Lufthansa had...

Lufthansa earnings nosedive on restructuring costs

German airline Lufthansa posted a net loss in the first half of 2013 as it seeks to become fitter for fiercely competitive aviation markets. Surprisingly, it still expects full-year profit to be higher than last...

Boeing launches new 787 Dreamliner, secures big orders

Boeing has unveiled plans for a bigger version of its 787 Dreamliner in efforts to catch up with Airbus in the lucrative long-haul aircraft market. The US planemaker hopes to get the new aircraft off...

Airbus, Boeing land major deals at Paris Air Show

The world’s biggest planemakers Airbus and Boeing have secured a large number of orders during the first day of the Le Bourget air show near Paris. Demand for fuel-efficient long-haul planes was especially strong. Airbus...

Airliner market set to double in two decades, says Boeing

Global demand for aircraft in the next 20 years will be stronger than previously thought, US planemaker Boeing has said, as passenger numbers are set to double. Boeing’s estimate is even higher than that of...

Singapore Airlines places huge orders with Boeing, Airbus

Singapore Airlines has announced multi-billion dollar deals with aircraft makers Boeing and Airbus. The Asian carrier has ordered more than 60 airplanes in what’s believed to be the biggest purchases in company history. The world’s...

Budget – 2013-14: Focus on Fiscal Consolidation

It was one of the most awaited budgets in recent times, expectations  were on both extremes  – that the Finance Minister will present a typical pre-election year populist budget while another set of people expected...

Aviation Boeing halts deliveries of Dreamliners

The US aircraft manufacturer Boeing has halted deliveries of its 787 Dreamliner passenger jet until concerns about its safety are resolved. A recent incident caused regulators to ground the planes. In a decision announced late...

Boeing set to outsell Airbus

US aircraft maker Boeing is very likely to overtake Airbus in sales and deliveries this year, after trailing its European rival for nearly a decade. Airbus is hamstrung in 2012 by problems with its new...