Account
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 ,...
Dr. Manny Alvarez on security concerns for electronic medical records.
Empyrion Wealth Management president Kim Foss gives her outlook for the markets.
Actor and author's observations on America
Nathan Bostock, Royal Bank of Scotland's head of restructuring, is the early favorite to replace Stephen Hester as chief executive of the state-controlled bank, acco...
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...
Ameriprise Financial’s Geri Pell on the investment trends that could boost your portfolio.
FBN's Cheryl Casone breaks down mid-afternoon market news.
A jewlery collection inspired by 9/11, seasonal hiring tips for small business owners and is the life of an entrepreneur right for you
Geostrat.com founder Rob Hardy explains why Turkey is a bad bet.
FBN's Jo Ling Kent on why investors care about instability in Turkey.
General Electric (NYSE:GE) announced the appointment of its chief financial officer, Keith Sherin, to CEO of GE Capital on Wednesday, succeeding Mike Neal, who is re...
FBN’s Diane Macedo breaks down the stories moving the markets ahead of the trading day.
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...
After weeks of growing expectations regarding a new stretched-out version of the 787 Dreamliner, Boeing (NYSE:BA) officially launched the 787-10 program on Tuesday a...
As airplane makers gathered outside Paris to show off their newest high-tech jetliners on Monday, a less-heralded technology story was unfolding back home on the fac...
Boeing (NYSE:BA) was met with robust demand for its fleet of jumbo jets on Monday as airlines lined up to place or confirm orders on the first day of the Paris Air S...
FBN’s Diane Macedo reports that June’s Empire Manufacturing Index beat expectations.
Ulrich Spiesshofer will become ABB Ltd.'s (ABB.SK) chief executive from Sept. 15, the power and technology company said in a statement Monday.The company is grapplin...
Engine makers for next-generation Airbus and Boeing narrow-body jets stepped up their war of words on Sunday, claiming their new power plants will burn less fuel tha...
Quotes delayed at least 15 minutes. Real-time quotes provided by BATS Exchange. Market Data provided by Interactive Data (Terms & Conditions). Powered and Implemented by Interactive Data Managed Solutions. Company fundamental data provided by Morningstar. Earnings estimates data provided by Zacks. Mutual fund and ETF data provided by Lipper. Economic data provided by Econoday. Dow Jones & Company Terms & Conditions.
This material may not be published, broadcast, rewritten, or redistributed. ©2013 FOX News Network, LLC. All rights reserved.