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Qatar Said to Seek $4 Billion Loan for Typhoon Fighter Jets

Qatar is seeking to raise more than $4 billion from banks to finance the purchase of Eurofighter Typhoon combat jets, according to people with …

Aviation

A Soybean Surge Makes Trump’s Trade War Look Deceptively Good

WASHINGTON — President Trump’s trade war is expected to temporarily bolster United States economic growth, in part because Beijing tried to beat the clock on Mr. Trump’s tariffs by stocking up on American soybeans, crude oil and other exports.<p>Economists are predicting that the gross domestic …

Foreign Investment in U.S. Plunged 32% Last Year to $260 Billion

Foreign direct investment in the U.S. fell 32 percent to $259.6 billion in 2017 on a plunge in acquisitions of existing businesses, according to …

JetBlue Orders 60 Planes in $5.4 Billion Airbus-Bombardier Deal

JetBlue Airways Corp. is placing a big bet on Airbus SE’s newest jetliner.<p>The carrier is ordering 60 of Airbus’s A220 jets, the freshly rechristened …

Aviation

Slovakia approves purchase of F-16 fighter jets from US

BRATISLAVA, Slovakia (AP) — Slovakia's government has approved a Defense Ministry plan to purchase F-16 military jets from the United States.<p>The 14 fighter jets are meant to replace the obsolete Soviet-made MiG-29 jets that Slovakia's air forces have used.<p>The ministry preferred the U.S. offer of …

Airbus, Boeing Win $3.1 Billion Order From Singapore Air-Tata Venture

Airbus SE and Boeing Co. split firm orders for 19 jets from the Indian affiliate of Singapore Airlines Ltd. that is seeking to start international …

Aviation

Italy refuses new purchases of the F-35 and can revise the old contract

On Friday, July 6, Minister of defense of Italy Elisabetta Trent declared that its country does not intend to buy more American fighters fifth …

Watch France and Germany's next-generation stealth fighter, a 2-engine jet that looks like it'll outclass the F-35

The French aircraft manufacturer Dassault Aviation recently published a video that gives a glimpse into what the reported Franco-German next-generation aircraft might look like.<p>France and Germany announced last July that they would join forces to build an advanced "European" fighter to replace …

Aviation

Airbus Books $9.6 Billion Worth Of Orders

Each year, Boeing (BA) and Airbus (OTCPK:EADSF, OTCPK:EADSY) engage in a fierce order battle. In 2017, Airbus won that battle by numbers, but in …

Airbus fails to break deadlock on AirAsia A330neo jet order -sources

By Tim Hepher<p>PARIS, July 5 (Reuters) - Airbus has failed to break an impasse with AirAsia over the fate of a multi-billion-dollar order seen as key …

Aviation

Boeing to Form a $4.75B Venture With Embraer – Bloomberg

Boeing to Form a $4.75B Venture With Embraer<p>Boeing to Form a $4.75B Venture With Embraer<p>Boeing to Form a $4.75B Venture With …

Boeing To Take 80% In Embraer Commercial JV

Jens Flottau<br>Following months of negotiations, Boeing and Embraer have signed an MOU to set up a joint venture (JV) comprising Embraer’s commercial …

An Airbus A321 loses fuel in its first flight

<b>Hamburg - Today (July 6), An Airbus A321 has lost kerosene in its first flight above the Airbus site in Hamburg-Finkenwerder.</b><p>The A321 took off with …

Airbus upbeat on prospect for A400M export contract this year

BERLIN (Reuters) - Airbus <AIR.PA> said on Friday it was optimistic it could sign a first export contract for its troubled multi-nation A400M military transport plane this year, and expressed growing confidence about prospects for European defense cooperation.<p>Airbus Defence and Space Chief …

The Indian Air Force is losing fighter jets faster than they can be bought

<b>Twenty-nine accidents involving IAF aircraft were reported between 2014 and July 2017. Nine pilots died in the accidents.</b><p><b>New Delhi:</b> The first stage …

This Airline Route Makes $1 Billion Annually

Though it usually deals in metrics like the world’s busiest airline routes or the longest flights, Official Airline Guide (OAG) has now compiled and released the list of flights earning the most revenue worldwide, which provides a fascinating snapshot into the changing headwinds of the aviation …

Singapore's Seletar airport on track to open new terminal

Singapore's Seletar airport is on track to open a new two-storey passenger terminal by the end of 2018, as it prepares to handle turboprop operations.<p>…

China says will not fire first shot in trade war with U.S.

BEIJING (Reuters) - China will "absolutely not" fire the first shot in a trade war with the United States and will not be the first to levy tariffs, its finance ministry said on Wednesday.<p>A person with knowledge of the plan earlier told Reuters China's threatened tariffs on $34 billion of U.S. …

BOJ's Harada spurns rate hikes, seen supporting slow retreat from stimulus

TOKYO (Reuters) - Bank of Japan board member Yutaka Harada warned on Wednesday that raising interest rates quickly would severely damage financial institutions, underscoring market views that the central bank would go slow in exiting crisis-mode stimulus.<p>However, Harada, a vocal advocate of bold …

Trump says the US would be at war with North Korea by now if it weren't for him

President Donald Trump on Tuesday morning said the US would be at war with North Korea if it weren't for him.<p>In a tweet, Trump claimed credit for a cessation in nuclear testing or rocket launches by North Korea and said his efforts to rid it of nuclear weapons were "going well."<p>He wrote:<p>"Many good …

North Korea

Greek central bank: crisis not over with bailout exit

ATHENS, Greece (AP) — Greece's central bank chief says that the eight-year bailout program may be ending in August, but the crisis will only be over when the country can borrow from bond markets at sustainable rates.<p>Yannis Stournaras also notes that bailout creditors' decision in June to further …

EU warns Trump: auto tariffs could lead to $300B retaliation

BRUSSELS (AP) — The European Union on Monday slammed the Trump administration for considering tariffs on auto imports, saying they could lead to global retaliation against some $300 billion in U.S. goods amid signs of a brewing trade war.<p>European Commission spokesman Margaritis Schinas said the …

Trump sends high-level team to push exports at Farnborough Airshow: sources

WASHINGTON (Reuters) - The White House is sending a high-level delegation to this month's Farnborough Airshow to push the Trump administration's "Buy American" drive aimed at boosting exports of weapons and aircraft, industry sources familiar with the matter said.<p>The official U.S. delegation will …

Air Shows

North Korea Expanding Missile-Manufacturing Plant, Report Finds

North Korea continued to develop a key rocket-engine facility in the run-up to Kim Jong Un’s summit with U.S. President Donald Trump, according to an …

US plans for dismantling NKorea nukes may face resistance.

The United States has a plan that would lead to the dismantling of North Korea's nuclear weapons and ballistic missile programs in a year, President …

British stealth fighters at risk if Turkey buys Russian missile system

Britain's brand new "stealth" jets could be visible to the Russians, the US warns. Britain has started to take delivery of the next-generation F-35 fighter, but officials on both sides of the Atlantic fear the secret technology could be at risk.<p>Turkey, a member of Nato, plans to buy both the F-35 …

Queen Elizabeth II

Trade War and Canadian Pride Mix in Retaliatory Tariffs Against U.S.

OTTAWA — This year on Canada Day, Prime Minister Justin Trudeau will visit a former Heinz ketchup plant in Ontario and, later Sunday, meet steelworkers in Saskatchewan.<p>It’s a schedule rich with the symbolism of the moment: Sunday is also the day Canada retaliated against the Trump administration’s …

Canada

Russia's Deadly Sukhoi Su-35 Flanker-E Has 1 Big Problem

Earlier this year, Russia’s potent Sukhoi Su-35 Flanker-E air superiority fighter entered service with the Chinese People’s Liberation Army Air Force …

Singapore to announce F-16 fighter jet replacement plans in few months

SINGAPORE (Reuters) - Singapore will announce in the next few months plans to replace its ageing F-16 fighter jets, its defense minister said, listing a number of manufacturers that could be in the running for a deal potentially worth billions of dollars.<p>Singapore's fleet of around 60 F-16 jets are …

Is Russia Developing Another 100-Megaton Super-Torpedo?

Is Russia Developing Another 100-Megaton Super-Torpedo?