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Saturday November 7, 2009
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  • China's nascent jet industry has Boeing, Airbus in its sights 7 Nov 2009 07:16 GMT
    ... to one day compete with Boeing and Airbus for a share of the lucrative commercial ... years after that. The jet is being produced by the Shanghai-based Commercial Aircraft Corporation of ... Aircraft Corporation of China (COMAC), which is manufacturing smaller regional jets due to hit the ...

  • Unbearable costs scupper Airbus deal 7 Nov 2009 03:01 GMT
    ... SA CONSIDERED pulling out of the Airbus A400M contract as early as April this ... Military missed a key milestone in the development of the new military transport aircraft, Defence ... longer purchase eight A400M aircraft from the manufacturer. Industry insiders point out that SA, as ...

  • AIG turns a US$455-million profit in 2009 Q3 7 Nov 2009 05:18 GMT
    ... AIG turns a US$455-million profit in 2009 Q3 American ... credit crisis related claims and continued adverse development of prior accident year loss reserves," AIG ...

  • 4th UPDATE: AIG 3Q Profit Driven By Investment Gains 7 Nov 2009 01:56 GMT
    ... 4th UPDATE: AIG 3Q Profit Driven By Investment Gains (Updates with more ... a $1.4 billion after-tax loss from its sale of Nan Shan Life Insurance. The scant ...

  • Airbus leads Boeing by 5 in race for the top 7 Nov 2009 06:55 GMT
    ... Airbus SAS, which has surpassed Boeing Co. in ... number of aircraft this year because the manufacturing lead time for aircraft, along with the ...

  • AIG posts second straight profit 7 Nov 2009 07:10 GMT
    ... The logo of American International Group (AIG) is seen at their offices in New York in ... billion charge from its $2.15 billion October sale of Taiwan life insurance unit Nan Shan. ...

  • Airbus outstrips Boeing in orders 7 Nov 2009 09:06 GMT
    ... PARIS: European aircraft manufacturer Airbus eclipsed US rival Boeing in the battle for new orders in the first 10 ...

  • Bailed-out AIG posts fresh profit 7 Nov 2009 12:33 GMT
    ... NEW YORK | AIG said Friday it was profitable for the second ... continued to see some positive housing market developments, including higher volumes of home sales and ...

  • AIG posts 2nd consecutive quarterly profit 7 Nov 2009 01:50 GMT
    ... NEW YORK (AP) - AIG said Friday it was profitable for the second ... the government. In return for that financial support, the government received an 80 percent stake ...

  • AIG records second-straight quarterly profit 7 Nov 2009 05:33 GMT
    ... American International Group Inc. also said the amount of ... figures as the economy remains weak and AIG struggles with its image after being bailed out ... the government. In return for that financial support, the government received an 80 percent stake ...

  • Malaysia says Airbus A400M delivery to be delayed 7 Nov 2009 09:06 GMT
    ... KUALA LUMPUR: Malaysia's order for four Airbus A400M military planes will proceed but delivery ... senior official said Friday. The European aircraft manufacturer suffered a major blow on Thursday as ...

  • Spain unveils aid to aeronautical sector 7 Nov 2009 12:31 GMT
    ... home to an arm of European planemaker Airbus, approved a EUR 3.7-billion (USD 5.5-billion) aid package ... sector is strategic for Spain because it develops products with high added value and it ... distributed between 2010-2014, will go toward the development of new products and maintain demand as ...

  • France: The affairs the Clearstream trial aims to suppress 7 Nov 2009 07:36 GMT
    ... to win approval for the Taiwan frigates sale. To raise funds for her legal defense, Deviers-Joncour ... the key new product of EADS subsidiary Airbus, soon began to suffer production delays, which were ...

  • Take Heed: Cisco Sees Start of a Recovery 7 Nov 2009 11:37 GMT
    ... TWO YEARS AGO, ON NOV. 7, 2007, CISCO Systems CEO ... nearly collapsed as Bear Stearns, Lehman Brothers, (AIG), GM and other American business icons fell ... has slashed costs, outsourcing most of its manufacturing. Head count, which early in the year ...

  • Alitalia: positive operating result of EUR 15 million in the third quarter 7 Nov 2009 08:52 GMT
    ... with the arrival of four more new Airbus A320s (in addition to the five already delivered ... the first six months), the withdrawal and sale of four MD 80s, and the start-up ... for growth in territorial traffic, also via co-marketing agreements with Regional authorities and airport management ...


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