Airplane makers have garnered orders for nearly $50 billion from London’s Farnborough Airshow. On Thursday, Airbus SE stated it had won a provisional order for 10 A320neo planes worth $1.1 billion at list prices from an undisclosed customer. The announcement… Read More ›
Anticipating a no-deal Brexit, drug company AstraZeneca plans to enhance its stockpiles of drugs in Europe by almost 20%. There could be a possible hard Brexit in April 2019 and the European regulator has informed companies to get ready for… Read More ›
Nigeria is set to launch its new national carrier, Nigeria Air at the end of this year. According to a tweet by Tolu Ogunlesi, a communications official, no more than 5 percent stake in the new airline would be owned… Read More ›
More than 100 planes are sitting idle in factories thanks to mostly engine backlog from Pratt & Whitney. On Wednesday, European planemaker Airbus stated, its engine supplier Pratt & Whitney was catching up on engine delays and told investors that… Read More ›
The announcement marks the continuation of the conglomerate’s aggressive expansion strategy, which it began in 2008. On Wednesday, senior executives from Philippines’ San Miguel Corp stated, the conglomerate plans to invest at least $1 billion (£764.18 million) within the next… Read More ›
The Pentagon stated the two Boeing 747-8 aircrafts are to be delivered mission-ready by December 2024. As per a news brief by the Pentagon, Boeing Co has been awarded a contract worth $3.9 billion to build 2 747-8 aircrafts for… Read More ›
Tariffs on almost all exported gods were either reduced or completely eliminated in a new free trade deal that was signed between the European Union and Japan on Tuesday. The deal encompasses almost 600 million people and about one third… Read More ›
Following the ongoing trade war with the United States, it is likely that China would announce a shift in its monetary policy from one that leverages to one that is able to buttress” growth. This after the second largest economy… Read More ›
The terms of the contract includes providing materials and designs for 4 Multi Mission Surface Combatant ships and includes foreign military sales to Saudi Arabia. As per a report from the Pentagon, Lockheed Martin Corp has won a contract to… Read More ›
There has been a slowdown in China’s economic expansion as had been expected by market experts who also believe that the results are a signal about the largely stable output amidst an escalating trade conflict with the U.S. Compared to… Read More ›
manageria.biz 