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Philippine budget airline Cebu Pacific will decide in May or June whether to choose Airbus or Boeing for an order of more than 100 narrowbody aircraft flagged last year, the carrier's CEO Michael Szucs said. Cebu Pacific is deciding whether to choose a combination of Airbus' A320neo and A321neo models or Boeing's high-capacity 737 MAX 8-200 and 737 MAX 10 for delivery from 2027, he said in an interview on the sidelines of the Singapore Airshow.
(Bloomberg) Standard Chartered Plc agreed to sell its aviation finance business to a unit of Saudi Arabia’s sovereign wealth fund for $3.6 billion and inked a separate deal to offload a portfolio of loans as part of efforts to boost returns.Most Read from BloombergChina’s Worsening Economic Slowdown Is Rippling Across the Globe3M Agrees to Pay More Than $5.5 Billion Over Combat EarplugsTraders Have S&P 500 Comebacks Fading at Historic PaceTrump Doesn’t Look So Invincible in Post-Debate PollsC
Boeing has found an aviation services company in Jordan to carry out cargo conversions of used 737-800 jets. The post Boeing adds Middle East site for 737-800 cargo conversions appeared first on FreightWaves.
Cargojet trimmed its express flying in Canada, but lower fuel costs and other cost measures made for a relatively healthy bottom line last quarter under weak market conditions. The post COVID cost initiative boosts Cargojet margins despite drop in volumes appeared first on FreightWaves.