Teleport’s A321 freighter enables affordable logistics services: Fernandes
SEPANG: Teleport aims to make logistics affordable for everyone with the addition of its first Airbus 321 freighter (A321F) into its fleet, said Capital A Bhd chief executive officer (CEO) Tan Sri Tony Fernandes. He said the A321F would enable logistics services at affordable pricing by serving as a full-fledged air logistics provider. “The A321F […]
Air India finalises orders for 470 aircraft at Paris Air Show
NEW DELHI: Air India finalised deals for 470 aircraft from Airbus and Boeing on Tuesday at the 2023 Paris Air Show as the airline displays its ambitious growth plans. The carrier is buying 190 Boeing 737 MAXs, 20 Boeing 787 Dreamliners and 10 Boeing 777X jets with options for 50 more 737 MAXs and 20 […]
EasyJet exercises option to buy 56 Airbus A320neo jets
LONDON: British low-cost airline EasyJet on Tuesday exercised options to purchase 56 fuel-efficient single-aisle A320neo aircraft from European aerospace giant Airbus. EasyJet said in a statement it had obtained steep discounts for the jets, which are worth $6.5 billion at list prices and are due for delivery between 2026 and 2029. The carrier, based in […]
Airbus upbeat on Malaysia, Asean air travel growth post-pandemic
KUALA LUMPUR: Aircraft manufacturer, Airbus is upbeat on Malaysia’s quick recovery post-pandemic and the country is poised to record strong air traffic growth in the Asean region, said its Asia-Pacific President Anand Stanley. “The demand for air travel (from the people) will be higher in this region, and the (regional) airlines will have a strong […]
AirAsia shares down on news Airbus puts up orders for sale
KUALA LUMPUR: AirAsia Group Bhd’s share price fell hours after global aircraft manufacturer, Airbus, reportedly gave up on the former’s six reserved planes and intended to put them on sale as crisis in the aviation industry deepens due to Covid-19 pandemic. The pending orders involved four A320neo and two A321neo, according to a Reuters report quoting sources. It said the unusual move was following AirAsia’s decision […]
AirAsia denies wrongdoing in sports sponsorship case
KUALA LUMPUR: AirAsia has denied corruption and bribery allegations against it, saying it was neither involved in any way whatsoever with the UK Serious Fraud Office (SFO) investigation of Airbus nor given any opportunity to provide any information or clarification to the SFO. AirAsia was referring to the article entitled “AirAsia directors/staff got RM240 mil bribe from Airbus, court […]
Rattled by bribery and corruption claims
Airbus says it has taken necessary reforms KUALA LUMPUR: Europe’s Airbus, which has been investigated for allegations of bribery and corruption that among others involved Malaysia’s AirAsia Group Bhd and AirAsia X Bhd, says it has taken significant steps to reform itself and to ensure that this conduct will not recur. In a statement, Airbus said it has significantly enhanced its […]
