U.S. airplane leasing firm Air Lease Corp announced on Tuesday a commitment to order as many as 78 Boeing Co (BA.N) single-aisle and wide-body airplanes in a deal valued at $9.6 billion at list prices.
Naresh Goyal-promoted Jet Airways on Tuesday signed a formal agreement with Boeing Co to acquire an additional 75 latest single-aisle 737 Max aircraft valued at $8.8 billion at current list prices.
Average weekly earnings rose by 2.5% on the year in the 3 months to May, slowing from the previous 3 month period when they grew by 2.6%, Office for National Statistics said.
Airline major Jet Airways has placed an additional order for 75 jets of Boeing "737 MAX 8" aircraft during the 2018 Farnborough International Airshow.
Mexican plane leasing company Damojh said that black boxes retrieved from the wreckage of a plane that crashed in Cuba in May showed a steep take-off due to human error by its Mexican crew was to blame.
U.S. stocks were trading flat on Monday as a sharp drop in crude oil prices weighed on energy companies, offsetting a rebound in financials stocks after Bank of America’s strong results reinforced expectations of a strong earnings season.
United Airlines said on Monday it would buy four new Boeing Co 787-9 widebody jetliners, as the third-largest U.S. air carrier looks to refresh its fleet with more efficient planes.
Aerospace firms are setting out wares from luxury jets to lethal drones at back-to-back British air shows this week, hoping trade tensions will not deter airlines from buying jetliners even as geopolitical uncertainty allows them to sell more weapons.
Bank of England Deputy Governor Jon Cunliffe said that there remains a case for “stodginess” or caution in raising interest rates, due partly to limited evidence that wages are rising as fast as the BoE forecast earlier this year.
An emergency descent by an Air China aircraft after oxygen levels dropped in the cabin has been linked to a co-pilot who was smoking an e-cigarette during the flight, state media said