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HONOLULU (AP) — A U.S. Navy plane overshot a runway and splashed into a bay in Hawaii on Monday, but authorities said all nine people aboard made it safely to shore with no injuries. The P-8A aircraft overshot the runway at a Marine base on Kaneohe Bay, said U.S. Marine Corps spokesperson Gunnery Sgt. Patrol squadrons were once based at Kaneohe Bay, but now they deploy to Hawaii on a rotational basis. Marine Corps Base Hawaii is about 10 miles (16 kilometers) from Honolulu on Oahu. The base sits on Kaneohe Bay, which is also home to coral reefs, a breeding ground for hammerhead sharks and a University of Hawaii marine biology research institute.
Persons: Petty, Ryan Fisher, , Orlando Perez, Chesley “ Sully ” Sullenberger, Diane Dircks, Malcolm K, Medrano, Thomas Vaughan, It's, Jennifer Sinco Kelleher, Dupuy Organizations: , U.S . Navy, Coast Guard, U.S . Marine Corps, Hudson, Airbus, Honolulu Fire Department, National Weather Service, Boeing, Patrol Squadron, Patrol, Marine Corps Base Hawaii, University of Hawaii, Associated Locations: HONOLULU, U.S, Hawaii, Kaneohe, York, Illinois, , Honolulu, Whidbey, Washington, Oahu, New York City
PARIS, Nov 19 (Reuters) - France has successfully test-fired an M51.3 long-range ballistic missile, boosting the credibility of France's nuclear deterrence capabilities, the defence ministry said on Sunday. It added that maintaining operational credibility of France's nuclear weapons is required given the international environment. Following Russia's invasion of Ukraine in February 2022, President Vladimir Putin has repeatedly warned the West that he would be ready to use nuclear weapons to defend Russia. The M51.3 missile is an upgraded version of the M51, a three-stage sea-land strategic ballistic missile designed to be launched from French Navy submarines. The new M51.3 missile, which is expected to enter service around 2025, is developed by aerospace firm ArianeGroup, a joint venture between Airbus (AIR.PA) and French defence group Safran (SAF.PA).
Persons: Vladimir Putin, Safran, Geert De Clercq, Hugh Lawson Organizations: Russia, French Navy, Airbus, Ballistic, Thomson Locations: France, Ukraine
PARIS (Reuters) - France has successfully test-fired an M51.3 long-range ballistic missile, boosting the credibility of France's nuclear deterrence capabilities, the defence ministry said on Sunday. It added that maintaining operational credibility of France's nuclear weapons is required given the international environment. Following Russia's invasion of Ukraine in February 2022, President Vladimir Putin has repeatedly warned the West that he would be ready to use nuclear weapons to defend Russia. The M51.3 missile is an upgraded version of the M51, a three-stage sea-land strategic ballistic missile designed to be launched from French Navy submarines. The new M51.3 missile, which is expected to enter service around 2025, is developed by aerospace firm ArianeGroup, a joint venture between Airbus and French defence group Safran.
Persons: Vladimir Putin, Safran, Geert De Clercq, Hugh Lawson Organizations: PARIS, Russia, French Navy, Airbus Locations: France, Ukraine
That’s the centerpiece of Lufthansa Technik’s new cabin design for the upcoming BBJ 777-9 — the private jet version of Boeing’s new widebody aircraft, the 777X. “It’s a combination between a Middle Eastern touch and a very modern, sleek design,” says Hassan Gasim, a sales director at Lufthansa Technik. A Boeing 777-X performing a flight demonstration at the Dubai Airshow. They also come with high environmental costs, as private jets emit 10 times more pollutants than commercial planes per passenger. The Boeing 777X was one of the stars of the Dubai Airshow, where it performed a flight demonstration.
Persons: , Hassan Gasim, Gasim, it’s, we’ve, Giuseppe Cacace, Clemens Schrettl, Schrettl, Gary Crichlow, , Syed Zaidi, Zaidi Organizations: CNN, Lufthansa, Boeing, Lufthansa Technik, Dubai Airshow, Technik, Getty, United, United Arab Emirates, Boeing Business Jet, Emirates airline, Airbus Locations: AFP, Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, United Arab, Dubai
A Rolls Royce jet engine on display at the Rolls-Royce aircraft jet engine production and repair facility in Blankenfelde on February 28, 2023 near Berlin, Germany. The British aerospace and defense company's financial performance has been transformed, thanks to a turnaround plan led by its CEO Tufan Erginbilgic, who took the job in January. Its soaring stock price suggests that the markets have dismissed criticism of its jet engines by Emirates Airline President Tim Clark at the Dubai Airshow this week. The comments were directed at Rolls-Royce's Trent XWB-84 engines used on the Airbus A350-900 passenger jet. Rolls-Royce later pushed back against the criticism, saying in a statement that the A350-900′s XWB-84 engine "is the best engine out there when you look at efficiency, durability and reliability."
Persons: Royce, Tufan Erginbilgic, Tim Clark, Trent XWB, Clark, Ewen McDonald, Erginbilgic Organizations: Rolls Royce, Royce, Emirates, Airbus, Boeing, Deutsche Bank, Reuters Locations: Blankenfelde, Berlin, Germany, British, Dubai, Emirates
The head of the world's largest international carrier was speaking in the midst of negotiations to buy dozens of Airbus A350-1000 jets powered by Rolls-Royce's XWB-97 engine, which have foundered for now over maintenance and pricing issues. I happen to be a service," Emirates President Tim Clark told reporters this week. INSURANCE-TYPE DEALSWhile the visible face of engine makers is technology, the way they generate much of their income resembles insurance. Rather than charge for repairs as they arise, engine makers increasingly strike long-term deals priced by the flight hour, agreeing to swallow the cost of planned and unexpected outages. To engine makers it means generating cash as soon as the engine enters service rather than waiting for shop visits.
Persons: Denis Balibouse, Tim Clark, Royce's, Larry Culp, Tufan Erginbilgic, Royce, Clark, Rolls, Nick Cunningham, Tim Hepher, Alexander Cornwell, Pesha Magid, Sarah Young, Rajesh Kumar Singh, David Evans Organizations: Boeing, Emirates, Cointrin Airport, REUTERS, Rights, Airlines, Royce, Airbus, GE Aerospace, Reuters, GE, Agency Partners, Thomson Locations: Cointrin, Geneva, Switzerland, Rights DUBAI, Dubai, India, Gulf
Tayyip Erdogan's first visit to Germany since 2020 comes ahead of municipal elections at which he hopes to win back the cities of Ankara and Istanbul. Erdogan will also need Chancellor Olaf Scholz's blessing if he is to buy the 40 Eurofighter Typhoon warplanes Turkey said on Thursday it wanted. In a sign of the visit's importance, Scholz took pains not to respond directly to Erdogan's loud condemnation of Israel's war against Hamas, in which many thousands of Palestinians have been killed. The response was decidedly mild given the fierce condemnation that far more muted criticisms of Israel typically draw in Germany, traditionally one of Israel's closest allies. Germany has expressed strong solidarity with Israel, while urging a focus on limiting the impact of the war on Gaza's civilians.
Persons: Tayyip Erdogan's, Erdogan, Olaf Scholz's, Scholz, Israel's, Israel, Aydin Yasar, It's, Thomas Escritt, Alexandra Hudson Organizations: Trade, European Union, Eurofighter Typhoon, Airbus, Hamas, German, SWP, NATO, Alexandra Hudson Our, Thomson Locations: Germany, Turkey, Gaza, BERLIN, Moscow, Ukraine, Berlin, Ankara, Istanbul, Israel, Turkish, Stockholm, Greece, Europe
A Boeing logo is seen at the company's technology and engineering center in Sao Jose dos Campos, Sao Paulo state, Brazil October 10, 2023. REUTERS/Gabriel Araujo/File Photo Acquire Licensing RightsWASHINGTON, Nov 16 (Reuters) - Marc Allen will step down as Boeing's (BA.N) chief strategy officer at the end of the year and leave the company in 2024 as the U.S. planemaker pares down its strategy arm. In a letter to employees on Thursday, Boeing CEO David Calhoun said the U.S. planemaker will not fill the chief strategy officer role going forward. Boeing will shrink its strategy and corporate development organization and instead have "strategy teams directly joining the business units they support," Calhoun said. Chief Financial Officer Brian West and Mike D’Ambrose, the company's top human resources official, will create a realignment plan for the strategy unit over the next month, Calhoun said.
Persons: Sao Jose dos Campos, Gabriel Araujo, Marc Allen, planemaker, David Calhoun, Calhoun, Brian West, Mike D’Ambrose, Allen, Valerie Insinna, Tim Hepher, Chris Reese, Bill Berkrot Organizations: Boeing, REUTERS, Rights, Embraer, EMBR3, Airbus, Thomson Locations: Sao Jose, Sao Paulo state, Brazil, U.S, China
GKN Aerospace-owner Melrose lifts 2023 profit expectations
  + stars: | 2023-11-16 | by ( ) www.reuters.com   time to read: +1 min
REUTERS/Hannah McKay/File Photo Acquire Licensing RightsNov 16 (Reuters) - British aerospace supplier Melrose (MRON.L) said on Thursday it expected 2023 profit to be 7% higher than its previous expectations, partly driven by stronger aftermarket demand and improved pricing. The owner of GKN Aerospace, which counts Airbus (AIR.PA) and Boeing (BA.N) as its top customers, said trading and margin performance during the four month ended Oct. 31 was better than its previous expectations. Melrose, which spun off its auto and other businesses in April to become a pure-play aerospace supplier, now expects an adjusted core profit of 680 million pounds to 700 million pounds ($842.5-$867.2 million) for the year ending Dec. 31. In September, Melrose flagged a potential cash hit of about 200 million pounds through 2026 after Pratt & Whitney parent RTX (RTX.N) warned of grounding of some engine variants for quality checks. GKN Aerospace has a 4% programme share on the GTF PW1100G variant impacted by this issue.
Persons: Hannah McKay, Pratt & Whitney, Yadarisa Shabong, Aby Jose Koilparambil, Savio D'Souza Organizations: REUTERS, Melrose, GKN Aerospace, Boeing, Pratt &, Thomson Locations: GKN, Redditch, Britain, British, Bengaluru
Airbus nears compromise deal after Emirates jet order row
  + stars: | 2023-11-16 | by ( ) www.reuters.com   time to read: +2 min
[1/2] The Airbus A350-1000 seen in the aerial display during the media preview of the Singapore Airshow in Singapore, February 13, 2022. Industry sources said the two sides were trying to secure a compromise deal involving a switch from the A350-1000, Airbus' largest twin-engined jet which has fallen under the spotlight over the amount of downtime needed in Gulf conditions. Rolls-Royce acknowledged its engine for the A350-1000 would need more servicing than Emirates would like, but denied Clark's suggestion that the engine was "defective". However, it would still leave questions over its ability to compete with Boeing's 777X in the busy Gulf wide-body market, they added. Reporting by Tim Hepher, Alexander Cornwell and Pesha Magid; Editing by Jan HarveyOur Standards: The Thomson Reuters Trust Principles.
Persons: Caroline Chia, planemaker, Tim Clark, Tim Hepher, Alexander Cornwell, Pesha, Jan Harvey Organizations: Airbus, Singapore, REUTERS, Rights, Emirates, Royce, Dubai Airshow, Dubai, Boeing, Thomson Locations: Singapore, Rights DUBAI, Dubai, U.S
DUBAI, United Arab Emirates (AP) — Long-haul carrier Emirates said Thursday it will purchase 15 additional Airbus A350-900s worth $6 billion after a spat between the airline and the European manufacturer went unusually public during this week's Dubai Air Show. On Tuesday, Emirates President Tim Clark signaled the carrier would hold off on a major purchase of Airbus A350 aircraft over concerns about the Rolls-Royce Trent XWB-97 engines on the 350-1000. A statement issued by Emirates that also quoted Airbus did not mention the engine dispute, but the airline and the manufacturer notably did not hold a news conference at the Dubai Air Show to discuss the purchase. Airbus discontinued its iconic double-decker A380, which is one of the main workhorses of Emirates' fleet. “With this agreement, we mark another solid step forward in the long-standing relationship agreement between Emirates and Airbus,” Airbus Chief Commercial Officer Christian Scherer said in the statement.
Persons: , Tim Clark, Royce Trent XWB, Royce, Sheikh Ahmed bin Saeed Al Maktoum, Christian Scherer Organizations: United Arab Emirates, Emirates, Airbus, Dubai Air Show, Boeing Co, Tuesday, ” Emirates, , Boeing Locations: DUBAI, United Arab, European, Emirates, Dubai
Aermacchi MB-339 trainer aircraft of the Fursan al-Emarat (UAE Knights) aerobatics team release smoke as they fly over with an Emirates Airbus A380-861 jetliner aircraft during the 2023 Dubai Airshow at Dubai World Central - Al-Maktoum International Airport in Dubai on November 13, 2023. A Boeing 777-X aircraft flies during the 2023 Dubai Airshow at Dubai World Central - Al-Maktoum International Airport in Dubai on November 13, 2023. Boeing orders 'exceeded investor expectations'Boeing's orders are already nearly three times as high as its total orders from the Dubai Airshow in 2021, and approaching the 356 orders in clinched at the 2023 Paris Airshow in June. Airbus's order figure of 86 aircraft is meanwhile significantly behind its 2023 Paris Airshow haul of 846 orders and 2021 Dubai Airshow total of 408. Prior to this week, the iconic American manufacturer hadn't enjoyed a winning performance at a Dubai Airshow since 2017.
Persons: Giuseppe Cacace, Giuseppe CACACE, GIUSEPPE CACACE, Cowen, SunExpress, EgyptAir, Tim Clark, Clark, Royce, hadn't Organizations: UAE Knights, Emirates Airbus, Maktoum International Airport, Afp, Getty Images, United Arab Emirates —, Boeing, Airbus, Royce, Emirates, Dubai, Getty, Ethiopian Airlines, Royal Jordanian, Royal Air Maroc, Air Baltic, Industry, Turkish Airlines, Turkish, Dubai Airshow, Max, RBC Capital Markets, RBC, Saudi Arabia's, Saudi Locations: Emarat, Dubai, Al, Maktoum, Getty Images DUBAI, United Arab, Emirates, East, West, Turkey, India, Saudi Arabia, AFP, widebodies, Istanbul, Paris, Riyadh Air
Awkward Allies: Gaza Overshadows Erdogan's Germany Visit
  + stars: | 2023-11-16 | by ( Nov. | At P.M. | ) www.usnews.com   time to read: +4 min
Tayyip Erdogan's first visit to Germany since 2020 comes ahead of municipal elections at which he hopes to win back the cities of Ankara and Istanbul. In a sign of the visit's importance, Scholz took pains not to respond directly to Erdogan's loud condemnation of Israel's war against Hamas, in which many thousands of Palestinians have been killed. The response was decidedly mild given the fierce condemnation that far more muted criticisms of Israel typically draw in Germany, traditionally one of Israel's closest allies. Germany has expressed strong solidarity with Israel, while urging a focus on limiting the impact of the war on Gaza's civilians. With some three million people with Turkish roots in Germany such encounters are always fraught, but now the risk was judged too great.
Persons: Thomas Escritt BERLIN, Tayyip Erdogan's, Erdogan, Olaf Scholz's, Scholz, Israel's, Israel, Aydin Yasar, It's, Thomas Escritt, Alexandra Hudson Organizations: European Union, Eurofighter Typhoon, Airbus, Hamas, German, SWP, NATO Locations: Moscow, Ukraine, Germany, Berlin, Ankara, Istanbul, Turkey, Israel, Gaza, Turkish, Stockholm, Greece, Europe
REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsROME, Nov 15 (Reuters) - Italy's Leonardo (LDOF.MI) is trimming its stake in U.S. unit DRS (DRS.O) as new CEO Roberto Cingolani looks to expand the state-controlled group with major roles in European defence projects. Two sources at Leonardo confirmed that the DRS deal was part of that strategy. Cingolani, a former government minister who became CEO in May, has embraced the need to create broader European alliances to take advantage of rising defence budgets. It has pointed to its cross-border MBDA European missile company joint venture with Airbus (AIR.PA) and BAE Systems (BAES.L) as a model for the projects. Some analysts expressed surprise that the company was reducing its stake in DRS, acquired 15 years ago in a $5.2 billion deal when the Italian group was known as Finmeccanica.
Persons: Leonardo, Dado Ruvic, Roberto Cingolani, Cingolani, Intesa Sanpaolo, Leonardo's, Nick Cunningham, Giulia Segreti, Armellini, Kirsten Donovan Organizations: REUTERS, Rights, DRS, Global Combat Air, Leopard, Airbus, BAE Systems, Agency Partners, Thomson Locations: U.S, East, Europe, Italy, Britain, Japan, Leonardo's Milan, Italian, Rome
[1/2] Emirates airliners are seen on the tarmac in a general view of Dubai International Airport in Dubai, United Arab Emirates January 13, 2021. Picture taken through a window. REUTERS/Abdel Hadi Ramahi/File Photo Acquire Licensing RightsDUBAI, Nov 15 (Reuters) - Emirates moved closer on Wednesday towards a potential agreement to buy dozens of Airbus (AIR.PA) A350-1000 jets after narrowing differences over performance and guarantees in talks with engine maker Rolls-Royce (RR.L), industry sources said. Ethiopian Airlines was set to announce an order for around 10 of the smaller A350-900 after talks with Rolls-Royce at the Dubai Airshow that focused on service pricing, they said. Reporting by Alexander Cornwell, Pesha Magid, Editing by Tim HepherOur Standards: The Thomson Reuters Trust Principles.
Persons: Abdel Hadi Ramahi, Royce, Alexander Cornwell, Pesha, Tim Hepher Organizations: Emirates, Dubai International, United Arab Emirates, Rights, Airbus, Royce, Ethiopian Airlines, Dubai Airshow, Thomson Locations: Dubai, United Arab, Rights DUBAI
ISLAMABAD (AP) — Officials from Afghanistan's ruling Taliban on Wednesday welcomed the resumption of FlyDubai flights to Kabul's international airport two years after stopping service following the collapse of the Western-backed government. All international airlines halted flights to Afghanistan after the Taliban seized power in Afghanistan in mid-August 2021 as U.S. and NATO forces departed after two decades of war. FlyDubai, the sister carrier of long-haul airline Emirates, now will make two flights a day to Kabul. In May last year, the Taliban signed a deal allowing an Emirati company to manage three airports in Afghanistan. Two Afghan airlines, Kam Air and Ariana Afghan Airlines, operate from Kabul to destinations such as Dubai, Moscow, Islamabad and Istanbul.
Persons: FlyDubai, Abdul Ghani Baradar, , Abu, Ashraf Ghani, Jon Gambrell Organizations: , Wednesday, NATO, United, Emirates, Taliban, Solutions, Kam, Ariana Afghan Airlines, Associated Press, Badruddin Haqqani, Airbus, Dubai Air, UAE . The Emirates, U.S, ___ Associated Press Locations: ISLAMABAD, Afghanistan, United Arab Emirates, Kabul, Abu Dhabi, Herat, Kandahar, Dubai, Moscow, Islamabad, Istanbul, UAE
Following the trade, Jim Cramer's Charitable Trust will own 65 shares, representing about 0.50% of the portfolio. These multiyear themes are driving investment in the company's key markets, which are Commercial Buildings, Data Centers, Industrial, Residential Buildings, Utility, Aerospace, e-mobility, and Legacy Vehicle. By the way, artificial intelligence should be an additional tailwind to Eaton's Data Center business. AI data centers require both higher power and higher power density relative to traditional data centers, resulting in three times the electric content. One more theme benefitting Eaton's Data Center business is the need to generate electricity in a clean and sustainable way.
Persons: Jim Cramer's, Eaton, Jim Cramer, Jim Organizations: Eaton Corporation, Data Centers, Industrial, Aerospace, Data Center, Airbus, America's Boeing, Dubai Air Show, Boeing, Jim Cramer's Charitable, CNBC, NYSE Locations: Eaton, industrials, North America
Members of the E-Flight Challenge team lined up to watch the battery-powered airplane gracefully descend on the island of Norderney, just off the northwest coast of Germany. The long road ahead for electric aviationYou could say that the E-Flight Challenge takes its inspiration from the early days of aviation. The Elektra Trainer used in the E-Flight Challenge, for example, can carry a maximum of two people. Miquel RosIn this context, the E-flight Challenge served as an illustration of the challenges of electric flight – but also of its promise. The progress compared to just three years ago has been astonishing!” explains Morell Westermann, one of the E-Flight Challenge initiators.
Persons: Louis, Charles Lindbergh’s, Heart Aerospace –, , Miquel Ros Italy’s Tecnam, China’s, Cuberg, ” Robin Riedel, Riedel, Norbert Werle, Tesla, Werle, , John Langford, Miquel Ros, Morell Westermann, Westermann Organizations: CNN, Lucid Motors Air, Louis Blériot’s, Channel, Heart Aerospace, United Airlines, Royce, Norwegian, Widerøe, Airbus, Boeing, Aerospace, McKinsey, Alamy, “ Aircraft, Lucid Motors Locations: Norderney, Germany, Gelnhausen, Frankfurt, Norway, Swedish, California, Berlin, The Virginia, , Swiss
Emirates is a heavyweight when it comes to East-West travel out of Dubai International Airport, the world's busiest for international travel. In March, the airline announced an order of up to 72 Boeing 787-9 Dreamliner jetliners and has further plans to expand. Other purchases Tuesday included:— Emirates announced $1.2 billion in deals with French firm Safran, including for seats. — Emirates announced plans for a $950 million maintenance facility at Al Maktoum International Airport, the city-state's second airfield. — Boeing and SCAT Airlines of Kazakhstan announced the airline would purchase seven Boeing 737 MAX aircraft.
Persons: , Tim Clark's, FlyDubai, Clark, ” Clark, — Rafael, , they’ve, , Mesfin Tasew, Safran, — EgyptAir Organizations: United Arab Emirates, Emirates, Airbus, Royce, Dubai Air, Boeing Co, Boeing, Ethiopian Airlines, Al Maktoum International Airport, Rolls Royce, Associated Press . Emirates, Dubai International Airport, Ben Gurion International, Defense Systems Ltd, Israel Aerospace Industries, IAI, Courage Meets Technology, Riyadh Air, Dubai, United Nations, Aviation, SAF, Ethiopian, Boeing MAX, MAX, — Emirates, Al, Airlines Locations: DUBAI, United Arab, Al Maktoum, East, West, Dubai, Israel, Gaza, Emirates, Tel Aviv, Riyadh, Saudi, Saudi Arabia, Sydney, Australia, Addis Ababa, Kazakhstan
Emirates airliners are seen on the tarmac in a general view of Dubai International Airport in Dubai, United Arab Emirates January 13, 2021. He told reporters Emirates would be prepared to order between 35 and 50 of the jets if Rolls-Royce improved both the durability and maintenance costs. Reuters reported on Monday that an order from Emirates for the largest version of the A350 appeared to be on hold over terms of engine guarantees with Rolls-Royce. With plans for an Emirates A350 order off the table for now, Airbus also saw a second major order from Turkish Airlines (THY) (THYAO.IS) slip off the show's agenda, industry sources said. Airbus said on Monday it had reached agreement "in principle" on a significant THY order.
Persons: Abdel Hadi Ramahi, Royce, Tim Clark, Christian Scherer, Trent XWB, Tim Hepher, Alexander Cornwell, Tom Hogue, Jason Neely Organizations: Emirates, Dubai International, United Arab Emirates, Rights, Airbus, Dubai, Boeing 777X, Royce, Reuters, GE, Boeing, Turkish Airlines, Thomson Locations: Dubai, United Arab, Rights DUBAI, Emirates, Egyptair, East, India
[1/2] An aerial view of several Boeing 737 MAX airplanes parked at King County International Airport-Boeing Field in Seattle, Washington, U.S, June 1, 2022. Delivery numbers are typically largest in the final months of the year as planemakers race to meet annual goals. Boeing slowed 737 deliveries in August after the discovery of a supplier defect involving misdrilled holes on some aircrafts' aft pressure bulkhead. Boeing booked 123 gross orders last month, bolstered by a deal with Southwest Airlines (LUV.N) for 111 MAXs. Boeing's gross orders since the start of January rose to 971, or 841 net orders after factoring in cancellations and conversions and 1,066 net orders after accounting adjustments.
Persons: Lindsey Wasson, Dave Calhoun, Argentinas, Valerie Insinna, Stephen Coates Organizations: Boeing, King County International Airport, Boeing Field, REUTERS, Rights, planemaker, Airbus, U.S . Navy, Southwest Airlines, Thomson Locations: Seattle , Washington, U.S
Emirates announced an order worth $52 million that includes 90 Boeing 777s at the Dubai Air Show . The orders marked a significant win for Boeing on the first day of the air show. AdvertisementAdvertisementDUBAI, United Arab Emirates (AP) — Long-haul carrier Emirates opened the Dubai Air Show Monday with a $52 billion purchase of Boeing aircraft, showing how aviation has bounced back after the groundings of the coronavirus pandemic, even as Israel's war with Hamas clouds regional security. Emirates, a main economic engine for Dubai amid its booming real estate market, announced record half-year profits of $2.7 billion Thursday. The deal includes 28 Boeing 737-8s and 17 Boeing 737-10s models, as well as the opportunity for another 45 Boeing 737 MAX aircraft.
Persons: , Sheikh Hamad bin Mohammed Al Maktoum, Sheikh Ahmed bin Saeed Al Maktoum, Sheikh Saeed, Stan Deal, — Rafael, Israel Aerospace Industries —, Rafael, Khalifa Hifter Organizations: Emirates, Boeing, Dubai Air, Service, United Arab Emirates, Investment Corporation of Dubai, Al, Dubai World, Dubai International Airport, U.S . Air Force, Defense Systems, Israel Aerospace Industries, IAI, Meets Technology, Russian Helicopters, U.S, Roscosmos, Russian Knights, Associated Press, Libyan National Army, AP, United, Haqqani, Airbus, International Air Transport Association ., . Emirates, Riyadh Air, Turkish Airlines, Anadolu, Lufthansa, MAX, Royal Jordanian, Royal Air Maroc Locations: DUBAI, United Arab, Dubai, Sheikh, Emirates, Israel, Ukraine, Iran, UAE, Abu Dhabi, Russian, Afghan, Al, Riyadh, Saudi, Latvia, France
[1/2] Boeing Commercial Airplanes CEO Stanley Deal poses with Emirates airline COO Adel Al Redha and flyDubai CEO Ghaith Al Ghaith after Emirates airline and flyDubai placed orders at the Dubai Airshow for new aircraft from Boeing, in Dubai, United Arab Emirates, November 13, 2023. "Together these orders represent significant investments that reflect Dubai's commitment to the future of aviation," said Emirates and flyDubai Chairman Sheikh Ahmed bin Saeed Al Maktoum. In New York, Boeing shares rose 4.4% after the orders, which also included 45 narrow-body 737 MAX for German-Turkish airline SunExpress. LOWER BOOKINGSOther significant orders appeared to be in the works without being played out in public in Dubai. Saudi Arabia's newest airline Riyadh Air said it is still in talks with planemakers to place an order for narrow-body jets.
Persons: Stanley Deal, Adel Al Redha, Ghaith Al, Alexander, flyDubai, Sheikh Ahmed bin Saeed Al Maktoum, Joe Biden, Xi Jinping, Steven F, planemakers, Asharq, there's, Daniel Silke, Rafael, Tim Hepher, Alexander Cornwell, Pesha Magid, Valerie Insinna, Hugh Lawson, Lisa Shumaker, Navaratnam, Sharon Singleton Organizations: Boeing Commercial, Emirates, Dubai Airshow, Boeing, United Arab Emirates, REUTERS, Companies, Airbus, Turkish Airlines Airbus, Dubai, Aviation, SunExpress, Bloomberg, Industry, Air Lease Corp, Reuters, Turkish Airlines, Anadolu, Dubai . Saudi Arabia's, Riyadh Air, Saudia Airlines Group, Saudia Airline, Royal, Cape, Consultancy, rearm, Russia, Israel Aerospace Industries, IAI, Rafael Advanced Defense Systems, Thomson Locations: Ghaith Al Ghaith, Dubai, United Arab, DUBAI, Government, Emirates, New York, Turkish, UAE, Qatar, Saudi Arabia, Turkey, India, Gulf, Dubai . Saudi, Riyadh, Israel, Gaza, Cape Town, United States, rearm Ukraine
Airbaltic orders another 30 Airbus A220-300
  + stars: | 2023-11-13 | by ( ) www.reuters.com   time to read: 1 min
DUBAI, Nov 13 (Reuters) - Latvian airline Airbaltic said on Monday it had placed an order for another 30 Airbus (AIR.PA) A220-300 passenger jets, along with options for another 20. Chief Executive Martin Gauss said the airline had experienced a "difficult summer" due to some groundings caused by shortages of Pratt & Whitney engines, but that the situation had stabilised with no unscheduled groundings for now. The move comes as the airline prepares for an initial public offering (IPO) in late 2024, for which the tentative business plan envisages up to 100 aircraft by 2030. Reporting by Tim Hepher, Editing by Louise HeavensOur Standards: The Thomson Reuters Trust Principles.
Persons: Airbaltic, Martin Gauss, Tim Hepher, Louise Heavens Organizations: Airbus, Pratt & Whitney, Thomson Locations: DUBAI, Latvian
Visitors stand in front of the plane Boeing 777X during the Dubai Airshow, in Dubai, United Arab Emirates, November 14, 2021. Turkish Airlines (THY) (THYAO.IS) burst onto the show's agenda on Saturday with word from state-run Anadolu news agency that it was in talks to buy up to 355 Airbus jets. It has said it is in discussions for as many as 600 planes overall, split between Airbus and Boeing. However, speculation of a large Dubai order for narrowbody jets from the region's newest player, Saudi Arabia's Riyadh Air, as early as Dubai is premature, other sources said. Emirates is the world's largest user of wide-body jets, including Airbus A380 superjumbos and current-generation Boeing 777s.
Persons: Rula, jockeying, ForwardKeys, there's, Daniel Silke, Tim Hepher, Alexander Cornwell, Pesha, Hugh Lawson, Lisa Shumaker Organizations: Boeing, Dubai Airshow, United Arab Emirates, REUTERS, Rights, Turkish Airlines, Hosts Emirates, Emirates, Airbus, Royce, Industry, Anadolu, Cape, Consultancy, rearm, Russia, Thomson Locations: Dubai, United Arab, Rights DUBAI, Emirates, Gaza, Saudi Arabia, Turkey, India, Gulf, Saudi, Riyadh, Israel, Cape Town, United States, rearm Ukraine
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