By Tim Hepher, Aditi Shah and Joanna Plucinska ISTANBUL (Reuters) – Airbus is closing towards a potentially record deal to sell 500 narrow-body A320-family jets to India’s largest carrier IndiGo, industry sources said on Sunday. The European planemaker has emerged as front-runner for an order eclipsing Air India’s historic provisional purchase of 470 jets in…
By Xinghui Kok, Raju Gopalakrishnan and Greg Torode SINGAPORE (Reuters) – Senior officials from about two dozen of the world’s major intelligence agencies held a secret meeting on the fringes of the Shangri-La Dialogue security meeting in Singapore this weekend, five people told Reuters. Such meetings are organised by the Singapore government and have been…
ISTANBUL (Reuters) – Airlines said on Sunday they are ready to avoid a repeat of last year’s travel chaos, but warned that some flights could still be disrupted by controller strikes and hit out at schemes that force them to pay compensation for unavoidable delays. “I am reasonably confident that we’ll be able to get…
ISTANBUL (Reuters) – The head of a group representing global airlines renewed pressure on planemakers to speed up plane and parts production on Sunday, warning the delays would curtail airline capacity as demand for air travel nears a full recovery from the pandemic. Willie Walsh, director general of the International Air Transport Association, told Reuters…
By Lewis Krauskopf NEW YORK (Reuters) -As the U.S. stock market continues its climb, investors holding shares of the massive tech and growth companies leading the charge are debating whether to cash out or stay on for the ride. A record $8.5 billion flowed into tech stocks in the latest week, data from BofA Global…
ISTANBUL (Reuters) – European planemaker Airbus is seeing a more predictable pattern in its industrial activities and what appears to be the start of a more positive trend in deliveries, Chief Commercial Officer Christian Scherer said. “The trend seems to want to be positive. We are seeing a steady increase in our ability to fly…
By Chen Lin and Kanupriya Kapoor SINGAPORE (Reuters) – Chinese Defence Minister Li Shangfu told Asia’s top security summit on Sunday that conflict with the United States would be an “unbearable disaster” but that his country sought dialogue over confrontation. Speaking at the Shangri-La Dialogue in Singapore, Li said the world was big enough for…
By Hyonhee Shin SEOUL (Reuters) -North Korea denounced on Sunday the U.N. Security Council for discussing its recent satellite launch in response to a “gangster-like U.S. request”, and it vowed to reject sanctions and take action to defend itself. The U.S. called for a UNSC meeting last week to discuss North Korea’s attempt to put…
By Chen Lin and Greg Torode SINGAPORE (Reuters) – The United States should ease off military deployments close to China in an act of “good faith” if high-level defence talks between the two superpowers are to resume, a retired veteran Chinese diplomat said in Singapore on Sunday. Speaking to Reuters on the sidelines of the…
WASHINGTON/BEIJING (Reuters) -A senior U.S. State Department official arrived in Beijing on Sunday with meetings planned for the coming week as Washington seeks to boost communication with China at a time of tense relations between the two countries. Assistant Secretary of State for East Asian and Pacific Affairs Daniel Kritenbrink will discuss “key issues in…
