Boeing and Ryanair quietly rebranded 737 MAX

Boeing and Ryanair quietly rebranded 737 MAX

The Boeing 737 MAX has been grounded for months, with no end in sight to the grounding, given that they keep finding problems with the plane. Even once the plane is fixed and certified by the FAA, there will be...
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Norwegian Air CEO steps down

Norwegian Air CEO steps down

Norwegian Air’s Bjoern Kjos stepped down on Thursday as chief executive of the budget airline he co-founded. Kjos, 72, a former fighter pilot, helped to build a tiny Norwegian airline housed in pre-fabricated barracks on the edge of Oslo airport...
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S-500 Prometheus was accepted into service

S-500 Prometheus was accepted into service

The Russian Anti-Ballistic and Anti-Aircraft system S-500 Prometheus was accepted into evaluation phase service and already protects Russia. The S-500 Prometheus Anti-Ballistic and Anti-Aircraft missile system, according to expert estimates, uses brand new ra...
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American Airlines prefer European Airbus over US planemaker Boeing

American Airlines prefer European Airbus over US planemaker Boeing

The world’s largest air carrier, American Airlines, has become the first major US airline to buy 50 long-range, single-aisle A321XLR jets from Airbus as Boeing is tries to win back customers’ trust after two recent crashes. European aerospace giant Airbus....
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Paris Air Show 2019 kicks off at Le Bourget

Paris Air Show 2019 kicks off at Le Bourget

Boeing under pressure at Paris air show while Airbus reveals new plane. Boeing CEO Dennis Muilenburg will be under the spotlight at this week’s Paris air show following the two 737 Max crashes that killed almost 350 people. While plane manufacturers...
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How the Fiat Chrysler and Renault Merger Deal Vaporized

How the Fiat Chrysler and Renault Merger Deal Vaporized

France government wanted a commitment from Renault partner Nissan Motor Co. to back the merger. Abstention, as signaled earlier by the Japanese management — wasn’t good enough. French side fearing that Nissan might begin torpedoing the alliance. It qui...
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Russia Tested Modernised Missile of the Anti-Ballistic Missile System

Russia Tested Modernised Missile of the Anti-Ballistic Missile System

A new video released Tuesday by the defence ministry shows the test firing of an unnamed modernised missile of the Russian ABM [Anti-Ballistic Missile] system. The defence ministry has remained mum on the nature and specifications of the new weapon, only co...
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UK car production crashed by 45%

UK car production crashed by 45%

UK car production fell 44.5% according to the Society of Motor Manufacturers and Traders (SMMT). In what it called “an extraordinary month”, the SMMT said only 70,971 cars rolled off production lines. That was 56,999 fewer than in April a...
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Fiat Chrysler proposes merger with Renault

Fiat Chrysler proposes merger with Renault

Fiat Chrysler proposed on Monday to merge with France’s Renault to create the world’s third-biggest automaker and combine their investments in the race to make new electric and autonomous vehicles. Shares of both companies jumped over 10% on the ne...
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Airbus beats estimates

Airbus beats estimates

Aerospace and defense giant Airbus boosted operating profit thanks to commercial aircraft. The European aviation manufacturer Airbus increased its net operating profit to EUR 549 million from EUR 14 million in the same period last year. This was due mainly to...
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Nissan, Ford and Daimler Led March European Car Sales Decline

Nissan, Ford and Daimler Led March European Car Sales Decline

European car registrations fell 3.6% in March, the Automobile Manufacturers Association, known by its acronym in French, ACEA said today, with Nissan, Ford, Daimler and Alfa Romeo showing some of the biggest sales declines. Registrations in the EU and European...
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EU Refiners Turn to Ural Crude as US Unleashed More Sanctions on Venezuela

EU Refiners Turn to Ural Crude as US Unleashed More Sanctions on Venezuela

European refiners switched to expensive Russian sour Urals crude after US sanctions hit Venezuela’s similar-grade exports. Experts said that even though US crude output is increasing and exports are due to soar later this year, it is not an alternative bec...
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Maersk Drilling Was Priced at $3.6 Billion in the Stock Debut

Maersk Drilling Was Priced at $3.6 Billion in the Stock Debut

Maersk Drilling was priced at $3.6 billion in the Copenhagen Exchange stock debut. An hour after the opening of the Copenhagen Stock Exchange, the shares were traded at about DKK 570, i.e. company’s market capitalization is now DKK 23.7 billion. Managem...
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EasyJet Issued a Profit Warning

EasyJet Issued a Profit Warning

EasyJet’s low-cost airlines are reportedly well prepared for Brexit, but the company’s profitability will be compromised, EasyJet said. EasyJet expects the 2019 earnings to be hit by falling demand, due to economic uncertainty and Brexit. The airli...
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FAA Knew Of 737 MAX Trim Problems

FAA Knew Of 737 MAX Trim Problems

A recently discovered document proves that Boeing ignored requirements FAA and international regulators made when they certified Boeing’s 737 MAX airliner. The underlying problem: For commercial reasons Boeing wanted the new 737 MAX version to handle like th...
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