Bombardier Plans 2 New Luxury Jets, Demand is Expanding $BDRBF Bombardier Inc. (OTCMKT:BDRBF) announced that is planning to build 2 new private jet airplanes in response to growing demand for large-cabin business jets. The Global 5500 and Global 6500 aircraft will come equipped with redesigned cabins, an optimized wing and all-new Rolls-Royce engines, Bombardier said […]
Cathay Pacific Airways Ltd (HKG:0293) HEFFX Summary Shares of Cathay Pacific soared in its best week of trading in almost a year as investors hoped reports of job cuts at Hong Kong’s flagship carrier would trigger a return to profitability. Cathay rose the third-most this week among the Hang Seng Index’s 50 blue chips as […]
Cathay Pacific Airways Ltd (HKG:0293) HEFFX Highlights Cathay Pacific Airways has denied a report that it is retrenching another 200 employees, a day after the airline said it was cutting 600 jobs in its biggest headcount reduction in almost two decades. “The number of redundancies resulting from the transformation program is around 600, as we […]
This is Nutz: More Than 50% of Our US Navy Planes Cannot Fly The Obama Admin over the past 8 years has severely weakened our Military readiness and our nation’s defense. More than 50% of our US Navy’s aircraft are grounded, including nearly 70% of F/A-18 Hornet and Super Hornet strike fighters, because there is […]
Boeing (NYSE:BA) Gets US Approval to Sell Iran Planes $BA, $EADSY Boeing Co. (NYSE:BA) won US approval to sell its 1st jetliners to Iran in almost 40 years, paving the way for the biggest business transaction between the two nations since the 1979 Islamic Revolution and the U.S. hostage crisis. The US Treasury Department granted […]
Boeing (NYSE:BA) Agrees to Sell 100 Passenger Planes to Iran $BA, $EADSY Sunday, Iran reached an agreement with Boeing (NYSE:BA) to purchase 100 passenger planes to renew the country’s aging fleet, Press TV reported. The deal awaits US government’s approval, Head of Iran’s Civil Aviation Organization (CAO) Ali Abedzadeh said. “We have 250 planes in […]