Log in


JAKARTA, August 23, 2018 (News Wires) - BOC Aviation Ltd (2588.HK), Asia’s second-biggest aircraft lessor, said on Thursday it will buy eight A330neo jets from Airbus SE (AIR.PA) at a list price of $2.4 billion.

BOC Aviation will lease the aircraft to Jakarta-based Lion Air Group, with deliveries scheduled for 2019 and 2020. Lion Air has the option to buy four of the aircraft on delivery.

The fresh order comes after the largest customer for the Airbus A330neo, AirAsia X (AIRX.KL), last month expanded an order by 34 jets to 100, helping to ease doubts over the model’s relatively slow sales.

It was not clear whether the order had been logged already in the Airbus order book without the customer being identified.

Airbus was not immediately available for comment.


PARIS, July 10, 2018 (News Wires) - Airbus chief executive Tom Enders gave his backing to the latest Brexit position set out by British Prime Minister Theresa May, softening criticism made on Friday when he had stated May's government had "no clue" over the process.

"The Chequers statement appears to show that HM Government are going in the right direction. We are not shy to request that Brussels and our other home countries are similarly pragmatic and fair," said Enders on Airbus' official Twitter account.

After an hours-long meeting last week at her Chequers country residence, May seemed to have persuaded the most vocal Brexit campaigners in the cabinet to back her plan to press for "a free trade area for goods" with the EU and maintain close trade ties.

However, Boris Johnson and David Davis resigned from their respective posts as foreign minister and Brexit negotiator in protest at May's plans to keep close trade ties with the European Union after Britain leaves the bloc.

LONDON, June 22, 2018 (News Wires) - Britain is confident of getting a good trade agreement with the European Union when it leaves the bloc which will include the aerospace sector, Prime Minister Theresa May's spokeswoman said after Airbus warned of the impact of a no-deal withdrawal.

Airbus said late on Thursday that leaving the EU without a deal in place would force it to reconsider its long-term position and put thousands of British jobs at risk.

"We are confident that we are going to get a good deal, one that ensures that trade is as free and frictionless as possible, including for the aerospace sector," May's spokeswoman said on Friday.


CAIRO, June 2, 2018 (MENA) - EgyptAir will receive late in June its first cargo plane after being turned from Airbus A300, the company head said on Saturday.

The second cargo plane will be handed over to Egypt in October, Bassem Gohar said in press statements.

EgyptAir will receive the third cargo plane in April, he added.

It takes 100 million dollars to turn an Airbus into a cargo plane, he said, adding that the move comes as part of the company's efforts to upgrade its fleet and expand services.