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U.S. airlines face push-back in Congress on $50 billion bailout proposal

Some Democrats in Congress are pushing back on aspects of a proposal by major airlines seeking $50 billion in grants and loans in the face of the massive travel slowdown as a result of the coronavirus pandemic......»»

Category: topSource: reutersMar 17th, 2020

Trump administration seeks roughly $850 billion in stimulus

The Trump administration is asking Congress to approve a massive economic bailout to stanch the economic downward spiral......»»

Category: topSource: moneycentralMar 17th, 2020

Boeing ends 2020 order drought with big 787 Dreamliner deal from Japanese airline

Ending its 2020 commercial aircraft order drought, Boeing on Tuesday said Japanese airline group All Nippon Airways will acquire up to 20 more 787 Dreamliner jetliners. In a multi-aircraft deal altogether valued at more than $5 billion at list pric.....»»

Category: topSource: bizjournalsFeb 25th, 2020

Analysts puzzled as Vietnamese startup reveals plans to buy a dozen Boeing 777Xs

Vietnamese startup carrier Bamboo Airways says it is in talks with Boeing to buy as many as a dozen 777X airliners, the jet maker's large, new widebody aircraft. The blockbuster deal, worth up to $5 billion at list prices, could be finalized in the secon.....»»

Category: topSource: bizjournalsFeb 18th, 2020

Etihad Airways Selling Aircraft In $1 Billion Deal

Et.....»»

Category: earningsSource: benzingaFeb 5th, 2020

Etihad Airways Selling Aircraft In $1 Billion Deal

Etihad Airways is selling two of its widebody fleets in a $1 billion transaction as it struggles to return to profitability. 0 read more.....»»

Category: blogSource: benzingaFeb 5th, 2020

Airbus to settle fraud, bribery cases in U.S., Europe with massive $4B payment

Airbus said Tuesday it reached a deal with U.S. and European authorities to pay $4 billion to settle probes into allegations that it won military and commercial jet deals with bribery and corruption. Anti-fraud authorities in France, the United Kingdom.....»»

Category: topSource: bizjournalsJan 28th, 2020

China to ramp up U.S. car, aircraft, energy purchases in trade deal: source

China has pledged to buy nearly an additional $80 billion of manufactured goods from the United States over the next two years, plus over $50 billion more in energy supplies, according to a source briefed on a trade deal to be signed on Wednesday......»»

Category: topSource: reutersJan 14th, 2020

Why Honey"s massive $4 billion PayPal deal marks the official start of the commerce era

Button The affiliate industry has long been seen as a thing of the past, but its business model, where businesses are paid for driving transactions, is unequi.....»»

Category: topSource: businessinsiderJan 7th, 2020

Lockheed wins $2B in F-35 contracts with work in Orlando

Central Florida has landed its first massive defense deal of the new year. Bethesda, Maryland-based Lockheed Martin Corp. (NYSE: LMT) on Dec. 30 won a $1.9 billion U.S. Navy contract, with 25% of the work taking place in Orlando. The contract, expected.....»»

Category: topSource: bizjournalsJan 2nd, 2020

Tiffany & Co. was just acquired by LVMH in a massive, $16.2 billion deal. Here"s how the iconic jewelry chain became one of America"s most beloved luxury brands.

Paramount/Getty Images Tiffany & Co. made history on Monday after it was purchased by the luxury conglomerate LVMH in a record-breaking $16.2 billion deal.  Tiffany has been a beloved fixture in American culture and society for nearly .....»»

Category: topSource: businessinsiderNov 26th, 2019

Emirates signs long-awaited deal for Boeing 787 Dreamliners

Emirates signed an order for 30 Boeing Co. 787 Dreamliner aircraft worth $8.8 billion at list prices while cutting back on a purchase of the U.S. manufacturer’s larger 777X......»»

Category: topSource: moneycentralNov 20th, 2019

Spirit Airlines close to agreeing major Airbus order: sources

U.S. budget carrier Spirit Airlines is close to agreeing a provisional deal to order as many as 100 single-aisle aircraft worth up to $12 billion at recent catalogue prices from Airbus , industry sources said......»»

Category: topSource: reutersOct 23rd, 2019

Growing defense firm lands another massive defense deal worth nearly $1B

A Dayton-area small business that is adding employees and growing its local footprint has landed another massive defense deal worth nearly $1 billion — the second major award it has won since May......»»

Category: topSource: bizjournalsOct 9th, 2019

Exclusive: 55-year-old Houston airport sells in huge industrial development deal

After more than 50 years of operating as an airport for smaller aircraft, a family-owned property in Cypress will soon become a massive industrial park......»»

Category: topSource: bizjournalsSep 26th, 2019

Exclusive: EU regulators to investigate $4.75 billion Boeing, Embraer deal - sources

EU antitrust regulators are set to open a full-scale investigation into Boeing's $4.75 billion bid for a controlling stake in Brazilian planemaker Embraer's commercial aircraft arm, people familiar with the matter said on Monday......»»

Category: topSource: reutersSep 23rd, 2019

State Dept. approves Poland’s $6.5 billion F-35 fighter jet order

The deal for 32 aircraft is part of an expanded military partnership between countries......»»

Category: topSource: washpostSep 15th, 2019

Wesco Aircraft shares soar 6.3% on news to be acquired by Platinum Equity in $1.9 billion deal

Wesco Aircraft Holdings Inc. s.....»»

Category: topSource: marketwatchAug 9th, 2019

The Wall Street Journal: Pentagon delays JEDI decision, which pits Amazon vs. Microsoft, pending review

Defense Secretary Mark Esper will undertake a review of a massive cloud-computing contract before the Pentagon awards it, creating a new potential obstacle for the lucrative deal expected to be valued at up to $10 billion over a decade......»»

Category: topSource: marketwatchAug 1st, 2019

Don’t delay JEDI cloud deal, Republican members of Congress say to Trump

Four Republican members of the House Armed Services Committee asked President Donald Trump in a letter Thursday not to delay a $10 billion Pentagon cloud contract after he threatened to look into the matter......»»

Category: topSource: marketwatchJul 19th, 2019