Singapore-based BOC Aviation is Asia’s second biggest aircraft lessor. It expects deliveries of these aircrafts in 2020 & 2021. On Monday, BOC Aviation Ltd stated it would purchase 17 new Airbus A320NEO and A321NEO jets, at a combined value of… Read More ›
China’s import of hot-rolled stainless steel sheet and stainless steel billets jumped by 200% in 2017. On Monday, China’s Ministry of Commerce disclosed, it has begun an anti-dumping investigation into the import of hot-rolled stainless steel sheet and stainless steel… Read More ›
China will require an active and dynamic support system for its fiscal and regulatory policies so that it can mitigate the challenges posed by the deepening trade war with the United States. A slowdown in China’s economy due to its… Read More ›
Expansion plans in the United States is being scaled back by Chinese bike-sharing startup Ofo. The firm says that it was is in the process of laying off staff throughout the country even though it is less than a year… Read More ›
Thales did not offer any concessions to address overlapping concerns. On Thursday, as per two sources familiar withe the matter at hand, antitrust regulators from the European Union are set to launch a full-scale investigation into French aerospace and defense… Read More ›
The Farnborough Airshow was a much needed boost for Airbus where its A320neo saw good endorsement, especially from its largest buyer AirAsia. On Thursday, Airbus SE stated it had orders and commitments for 431 aircrafts from the Farnborough Airshow, with… Read More ›
Elliot Management and Swedish activist investor Cevian are pushing for Thyssenkrupp to continue on its path of “structural evolution”, a change in its overall strategy as well as appointing a permanent CEO. In a move that is aimed at changing… Read More ›
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 ›
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 ›
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