- Boeing, Airbus Set to Battle for United Plane Order[Sep. 22, 2011]
United Airlines is shaping up as the next major U.S. battleground for Boeing Co and Airbus to sell narrowbody airplanes, as the world's biggest airline mulls an order sources say could reach 200 planes.
- Budget Airline EasyJet Raises Year Profit Guidance[Sep. 22, 2011]
Low-cost airline easyJet raised its full-year profit guidance after more corporate passengers flew with the carrier in the second half and said it would return around 190 million pounds to shareholders.
- FedEx Seen Cutting Outlook with Economy Stalled[Sep. 22, 2011]
FedEx Corp. is seen reporting higher quarterly results than a year ago on Thursday, but analysts are more keen to see if the No. 2 package delivery company cuts its full-year guidance because stalled global economic growth has stifled volume.
- TUI Travel Boosted by Strong Late Bookings Demand[Sep. 22, 2011]
Europe's biggest tour operator TUI Travel said it was confident its full year results would be in line with expectations following strong late demand for summer holidays.
- China Eastern Selects V2500s for 50 Aircraft[Sep. 21, 2011]
International Aero Engines announced today China Eastern Airlines has selected IAE to provide V2500 engines to power 50 new A320 series aircraft. The deal also includes comprehensive long-term engine aftermarket services.
- LAN's TAM Takeover to Create World's Second Largest Airline[Sep. 21, 2011]
Chile's antitrust tribunal on Wednesday approved LAN Airlines' multibillion-dollar takeover of Brazilian carrier TAM with conditions, paving the way for the creation of one of the world's biggest airlines.
- Airbus to Deliver over 110 Passenger Planes to China in 2011[Sep. 21, 2011]
European aircraft manufacturer Airbus will deliver over 110 passenger planes to China this year, accounting for one-fifth of the company's total worldwide deliveries in 2011.
- Boeing in Talks with Chinese Airlines on Dreamliners[Sep. 21, 2011]
Boeing Co. is engaged in "very advanced discussions" with Chinese airlines to revitalize sales there of its 787 Dreamliner, according to a senior sales executive, as the U.S. plane maker competes with rival Airbus for a greater share of the growing market.
- Lufthansa Cuts Earnings Outlook[Sep. 21, 2011]
German airline Deutsche Lufthansa AG Tuesday lowered its earnings outlook for 2011, saying that poor results at its passenger operations in August and continued economic uncertainty are weighing on its business.
- IATA Says Weak Economy Will Cut 2012 Airline Industry Profit[Sep. 20, 2011]
The International Air Transport Association (IATA) forecast a 29 percent fall in 2012 industry-wide profit on the back of a weak global economy and stubbornly high jet fuel prices.