Finance News – Planes
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Delta is reportedly ripping engines off new European jets to use on old U.S. planes
Delta’s decision to transfer engines from newly acquired European aircraft to older domestic planes helps minimize additional costs associated with import duties and maintains oper...
Read Full Article →Boeing's 787 Dreamliner was deemed the 'safest' of planes. The whistleblowers were always less sure
Concerns raised by employees about the production quality of Boeing’s 787 Dreamliner could influence the company’s financial performance due to potential safety issues and increase...
Read Full Article →Aircraft leasing firms win multibillion-dollar lawsuit over planes ‘lost’ in Russia
The London high court’s decision allows aircraft leasing companies to obtain substantial compensation from insurers for planes immobilized in Russia following geopolitical events,...
Read Full Article →Qantas to shut down Jetstar Asia, redeploy planes to Australia; 500 jobs to go
The decision to cease Jetstar Asia’s operations and reassign aircraft domestically is a strategic response to substantial anticipated losses and aims to optimize the airline’s over...
Read Full Article →High Court rules aircraft lenders can recover loss from planes stuck in Russia
The recent court decision establishes that lenders have the legal right to claim financial recovery for planes immobilized in Russia, potentially impacting insurance liabilities re...
Read Full Article →British Airways owner agrees $13bn deal to buy 32 Boeing planes
The recent $13 billion purchase of 32 Boeing aircraft by British Airways’ parent company highlights a major investment following the new US-UK trade deal that reduced tariffs on ae...
Read Full Article →British Airways owner orders 53 Boeing and Airbus planes in bet on long-haul flying
The acquisition of 53 new aircraft by the airline's parent company reflects confidence in sustained long-distance travel demand amidst ongoing economic challenges.
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