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Air France looks poised to sign a long-awaited $7 billion deal to buy 25 Airbus A350 jets after talks narrowly avoided collapse, industry sources said on Tuesday.Air France has been at loggerheads with its suppliers over issues mainly including maintenance of the plane's Rolls-Royce engines ever since the deal was first mooted in 2011.Further disagreements delayed prospects of the high-profile deal being announced at the Paris Airshow, which has been dominated so far by wide-body announcements from Boeing , but it could now take shape as early as Wednesday.Airbus and Air France, the French network of Franco-Dutch airline group Air France-KLM, both declined any comment.Air France and Rolls-Royce have clashed over conflicting ideas for engine supply deals. Engine makers rely increasingly on hourly service deals including maintenance to secure margins while Air France wants to keep doing maintenance in-house.Air France traditionally orders engines from Rolls' U.S. rival General Electric ,...
Delta Air Lines is letting a wave of orders for the newest planes on the market roll by, giving the jets time to prove themselves before buying, its chief executive ...
U.S. carrier Delta Air Lines will watch the wave of orders for the latest Airbus and Boeing planes roll on by and wait for the jets to prove themselves before orderi...
Britain's Rolls-Royce has won a contract to supply engines to power 23 Airbus aircraft ordered by U.S. leasing company CIT Aerospace, it said on Wednesday.Rolls, the...
Roger Carr, the long-standing chairman of U.K. gas utility Centrica PLC (CNA.LN, CPYYY) and a veteran of British takeover battles, is the front runner to replace Dic...
Airbus plans to reach a key milestone for its new A350 as early as Wednesday by starting the jet's onboard auxiliary power unit for the first time, according to two ...
Rolls Royce will replace one of the engines of a Boeing Dreamliner owned by Polish carrier LOT and grounded in Chicago, LOT's spokesman said on Monday, citing a tech...
Singer recorded dozens of hits about good times and regrets
Julie Banderas looks back at star's career
Boeing looks ready to start offering its long-awaited next-generation mini-jumbo in weeks after pondering for months how to prevent a key part of the big-jet market ...
Shares of ARM Holdings PLC led U.K. stocks higher on Tuesday, after a well-received earnings report, while Associated British Foods PLC gained after declaring an inc...
International Airlines Group unveiled orders for 18 Airbus A350 long-haul jets for its British Airways arm and said it was in further talks with Airbus and Boeing to...
Rolls-Royce Holdings PLC (RR.LN), a provider of power systems and services, Monday said it has won a 1.6 billion dollar order, at list prices, from International Air...
Jet engine makers GE Aviation and Pratt & Whitney battled for bragging rights at the Paris Airshow, with Pratt predicting at least 1,000 orders worth $13 billion and...
The Dilenschneider Group founder Robert Dilenschneider and Jefferies & Co. managing director Howard Rubel discuss their outlook for Boeing and Airbus.
U.S. conglomerate General Electric has offered concessions to try to win EU regulatory approval for its $4.3 billion proposed purchase of Italian plane components ma...
Britain's Rolls-Royce said it was working with Japan's All Nippon Airways after the airline was forced to scrap a Dreamliner flight following an engine problem.The A...
What does the Rolls-Royce of outdoor grills look like? Take a look.While many consumers are still looking for great deals, Kalamazoo Outdoor Gourmet president Steve ...
Former Senator Ted Kaufman, (D-Del.), on what China's slow economic growth means for the U.S.
Generac CEO Aaron Jagdfeld on the growth of the business and how recent storms have impacted demand.
