Edition:
United Kingdom

Allison Lampert

Bombardier in lead for 999-car New Jersey rail contract: sources

6:14pm GMT

MONTREAL Canada's Bombardier Inc is the front-runner to win a New Jersey Transit (NJT) rail car contract, two sources familiar with the matter said, in a boost for the plane-and-train-maker's North American business which has wrestled with delivery delays and has lost orders to rivals.

Bombardier to cut 5,000 jobs, sell units; share dive on cash flow worries

08 Nov 2018

Bombardier Inc said on Thursday it would sell two businesses for around $900 million (£689 million) and cut 5,000 jobs and as it expands its stronger corporate jet and rail divisions, but the company's shares fell as much as 26 percent on a disappointing free cash flow forecast.

RPT-Used private jets from China are landing with U.S. buyers

08 Nov 2018

MONTREAL/ZHUHAI, China, Nov 8 Chinese companies and individuals are selling more used private planes than in previous years as economic growth slows in China, and U.S. buyers are snapping up hard-to-find models, according to interviews with business jet analysts, dealers and consultants.

Used private jets from China are landing with U.S. buyers

08 Nov 2018

MONTREAL/ZHUHAI, China Chinese companies and individuals are selling more used private planes than in previous years as economic growth slows in China, and U.S. buyers are snapping up hard-to-find models, according to interviews with business jet analysts, dealers and consultants.

WestJet Airlines beats on profits, but faces higher cost headwinds

30 Oct 2018

WestJet Airlines Ltd is eying branded fares and fees offering passenger perks to help boost revenues and margins, as the Canadian carrier faces headwinds despite reporting earnings that beat estimates on Tuesday.

Delta Air Lines happy with pilot contract rules for regional flights: CEO

27 Oct 2018

MONTREAL Delta Air Lines Chief Executive Ed Bastian said on Friday he was satisfied with pilot contract language governing the outsourcing of regional flights and does not see it becoming an issue during upcoming negotiations.

Exclusive: 2-DEER: China's HNA Group seeks buyer for $300 million 'Dream Jet' - sources

25 Oct 2018

Cash-strapped Chinese conglomerate HNA Group has put up for sale its luxurious $300-million (233 million pounds)-plus Boeing 787 corporate "Dream Jet" with registration "2-DEER", say six aviation industry sources familiar with the matter.

Exclusive: 2-DEER: China's HNA Group seeks buyer for $300 million 'Dream Jet' - sources

25 Oct 2018

Cash-strapped Chinese conglomerate HNA Group has put up for sale its luxurious $300-million-plus corporate "Dream Jet" that sports a "seven-star" hotel-style cabin, say six aviation industry sources familiar with the matter.

EXCLUSIVE-2-DEER: China's HNA Group seeks buyer for $300 mln "Dream Jet" -sources

25 Oct 2018

* Plane has been used by VIPs, including Cambodian PM Hun Sen

Gulfstream expects market growth in 2019 on new business jets: president

17 Oct 2018

ORLANDO, Fla. Gulfstream Aerospace expects growth in both sales opportunities and deliveries next year, as the U.S. business jet maker brings two new large-cabin corporate planes to market, company President Mark Burns said on Wednesday.

World News