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...The jet could take an approximate 8 per cent share of the Chinese narrow-body jet market and just a 1.2 per cent share globally by 2030 if Comac is able to “ramp up production successfully”, IBA added....
...But Eguchi said MHI needed to expand its production capacity if it was to meet a target of delivering the next-generation jet by 2035....
...Ankara is seeking to purchase billions of dollars worth of American F-16 fighter jets, while the US and Europe are pushing Turkey to approve Sweden’s accession to Nato....
...Boeing’s reputation, following the mid-air blowout of a Max 9 door plug on an Alaska Airlines flight last month, comes just as Comac, also known as Commercial Aircraft Corp of China, prepares to push its business...
...of euros in interest-free, unsecured loans to help them buy two private jets....
...Depending on how things play out, Silverstein, the developer of the rebuilt World Trade Center, could take control of the unfinished building....
...You can probably guess the conclusion: We don’t know exactly when the next sting jet of illiquidity will hit markets but, when it does, the financial storm will be declared ‘shocking’ and ‘out of the blue...
...“They’ve challenged the competition on price and delivery schedule, and they’ve taken business from us as well,” said an Asia-based executive from a leading US defence firm....
...Trump is expected to appear in a New York court today for a hearing related to a review of documents linked to charges of falsifying business records....
...The challenge for defence procurement departments was keeping up to date with technological advances, said Cynthia Cook at US think-tank the Center for Strategic and International Studies....
...Take Signature Aviation, the private jet business taken private by Blackstone in 2021 and a company that made more than 90 per cent of its sales in North America in 2022, according to S&P Capital IQ....
...The company had said chartered aircraft should be used for business as well as personal travel “in light of travel safety concerns” stemming from Covid-19....
...The prospect, albeit long term, of a Chinese passenger jet industry could pose a threat to the Boeing-Airbus duopoly....
...Their second game bring them back home, playing Indiana at the Barclays Center in Brooklyn....
...GIC was also among the parties interested in buying UK holiday business Center Parcs from Brookfield earlier this year. Blackstone has been actively investing in European real estate in 2023....
...Unlike Indian billionaires who have drawn criticism for ostentation, Kotak does not own a private jet “and I do not propose to”....
...Humans are messy’ (FT) Vantage Data Centers readies for AI demand in south-east Asia (Nikkei Asia) Chipmaker TSMC casts long shadow over Taiwan election (FT) Asahi Kasei to build $105mn chip material...
...The US and its allies are also worried about the accelerating pace of risky manoeuvres by Chinese fighter jets in proximity to their spy planes....
...And finally Leaving on a jet plane . . . The big hotel openings of 2024....
...(Simon Mundy) Sustainable jet fuel makers eye fat profits Making jet fuel from waste products, using an enzyme found in rabbit guts, might seem an outlandish plan for a business....
...Staff at Dyson Technology Ltd, best known for its innovative vacuum cleaners and air filters, would be organised into A and B teams and expected to return to the Malmesbury office the following Monday....
...“We could not find enough business potential to resume development,” he said, adding that MHI would focus on the regional jet maintenance service it acquired from Bombardier....
...In the best of times, chipmaking is one of the hardest manufacturing processes in business....
...Celebrities’ private jet use has come under scrutiny. Some companies, governments, and universities have also already introduced short-haul flight restrictions....
...Unlike fighter jets and ships, which are purchased through multiyear commitments, munitions are bought via annual contracts and requirements vary....
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