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Wizz Air in process of picking engine provider for 177 Airbus jets on order

Wizz Air in process of picking engine provider for 177 Airbus jets on order By Shivansh Tiwary and Aditi Shah NEW DELHI, June 6 - European budget carrier Wizz Air WIZZ.L is in the process of selecting an engine manufacturer for 177 of the narrowbody Airbus jets it has on order, the airline's CEO told Reuters on Thursday. The company, which operates an all-Airbus fleet, has two options - its current supplier Pratt & Whitney, whose engines are facing issues worldwide forcing airlines to ground pl
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French jet engine maker Safran gets Italy's clearance to buy Microtecnica

UPDATE 1-French jet engine maker Safran gets Italy's clearance to buy Microtecnica Adds context, approval from Britain, analyst reaction in paragraphs 2-5 By Olivier Sorgho June 6 (Reuters) - French jet engine maker and defence company Safran SAF.PA said on Thursday it had received clearance from Italy to buy Microtecnica, the company which holds Collins Aerospace's flight control assets in the country.
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Safran gets Italy's clearance to buy Microtecnica

Safran gets Italy's clearance to buy Microtecnica June 6 (Reuters) - French jet engine maker and defence company Safran SAF.PA said on Thursday it had received clearance from Italy's government to buy Microtecnica, the company which holds Collins Aerospace’s actuation and flight control assets in Italy. Reporting by Olivier Sorgho; editing by Jas
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Europe's Ariane 6 rocket debut planned for July 9

UPDATE 2-Europe's Ariane 6 rocket debut planned for July 9 Updates with more background, quotes from interview with ESA head By Joanna Plucinska and Tim Hepher BERLIN, June 5 (Reuters) - Europe's new Ariane 6 satellite launcher will stage a long-awaited inaugural flight on July 9, the head of the European Space Agency said at the Berlin Airshow on Wednesday.
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ESA aims for Ariane 6 inaugural flight on July 9

ESA aims for Ariane 6 inaugural flight on July 9 BERLIN, June 5 (Reuters) - Europe's new Ariane 6 satellite launcher will stage a long-awaited inaugural flight on July 9, the head of the European Space Agency said at the Berlin Airshow on Wednesday. The delayed debut comes a year after its predecessor, Ariane 5, was retired, leaving Europe with no independent path to orbit for its satellites after setbacks involving a smaller Italian alternative and the severing of ties with Russia over Ukraine.
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Turkish Airlines in talks with Boeing for 225 jets, deal hinges on engine price

UPDATE 2-Turkish Airlines in talks with Boeing for 225 jets, deal hinges on engine price Adds comments from chairman in paragraphs 7, 12 and 13 By Aditi Shah DUBAI, June 4 (Reuters) - Turkish Airlines THYAO.IS is advancing talks with Boeing BA.N for 150 737 MAX narrow-body jets and 75 widebody 787 planes, but a final decision hinges on engine price negotiations, Chairman Ahmet Bolat said on Tuesday.
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Quebec Safran workers to start unlimited strike on Tuesday, union says

UPDATE 1-Quebec Safran workers to start unlimited strike on Tuesday, union says Adds context, comments from union local president, Boeing, Airbus and Safran MONTREAL, June 3 (Reuters) - Montreal-area Safran SAF.PA workers who make components for landing gear used in Airbus AIR.PA and Boeing BA.N jets will begin an unlimited general strike on Tuesday over pay, a union official told Reuters on Monday.
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Quebec Safran workers to start unlimited strike on Tuesday, union says

Quebec Safran workers to start unlimited strike on Tuesday, union says MONTREAL, June 3 (Reuters) - Montreal-area Safran SAF.PA workers who make components for landing gear used in Airbus AIR.PA and Boeing BA.N jets will begin an unlimited general strike on Tuesday over pay, a union official told Reuters on Monday. It comes as planemakers are wrestling with supply chain snags due to parts shortages, and unions are capitalizing on tight labor markets and high inflation to win hefty contracts at t
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Striking Canadian Safran workers make new offer to avert lengthy walkout, union says

Striking Canadian Safran workers make new offer to avert lengthy walkout, union says MONTREAL, May 31 (Reuters) - Striking Montreal-area Safran SAF.PA workers who make components for landing gear used in Airbus AIR.PA and Boeing BA.N jets have made a counter offer that could avert a longer dispute, a union official told Reuters on Friday. Workers who produce forgings for the landing gear used in aircraft like Airbus's A320 family and A350 jets, along with Boeing's 787, began a seven-day strike o
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Boeing hit with $72 mln verdict in EV aircraft trade secrets case

UPDATE 1-Boeing hit with $72 mln verdict in EV aircraft trade secrets case Adds detail on recent ruling for Boeing in paragraph 6 and removes comma from law firm's name in paragraph 7 By Blake Brittain and Sara Merken May 31 (Reuters) - Electric aircraft startup Zunum Aero convinced a federal jury in Seattle on Thursday that Boeing BA.N owes $72 million for stealing its trade secrets to power competing hybrid-electric planes.
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Boeing hit with $72 mln verdict in EV aircraft trade secrets case

Boeing hit with $72 mln verdict in EV aircraft trade secrets case By Blake Brittain and Sara Merken May 31 (Reuters) - Electric aircraft startup Zunum Aero convinced a federal jury in Seattle on Thursday that Boeing BA.N owes $72 million for stealing its trade secrets to power competing hybrid-electric planes. Jurors agreed with Zunum that Boeing copied Zunum's technology and drove it out of the emerging short-haul electric aircraft market after investing in the company.
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To help Airbus, Macron pressed Canada to ease Russia titanium sanctions

EXCLUSIVE-To help Airbus, Macron pressed Canada to ease Russia titanium sanctions Macron called Trudeau over Canada sanctions on Russian titanium Canada granted waivers to Airbus after diplomatic pressure Titanium sanctions spat exposes wider critical mineral risks By David Ljunggren, Michel Rose, Allison Lampert and Tim Hepher OTTAWA/PARIS, May 30 (Reuters) - French President Emmanuel Macron personally intervened to persuade Canadian Prime Minister Justin Trudeau to give Airbus and other aerosp
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Safran To repurchases Its Shares For Maximum 420 Million Euros

BRIEF-Safran To repurchases Its Shares For Maximum 420 Million Euros May 29 (Reuters) - Safran SA SAF.PA : HAS ENTERED INTO AGREEMENT WITH INVESTMENT SERVICES PROVIDER FOR IMPLEMENTATION OF NEW TRANCHE OF REPURCHASE OF ITS OWN SHARES WILL REPURCHASE SHARES FOR A MAXIMUM AMOUNT OF EURO 420 MILLION FROM MAY 30, 2024 AND NO LATER THAN JUNE 26, 2024. S
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Italy's Vega-C rocket a step closer to returning to flight after successful engine test

Italy's Vega-C rocket a step closer to returning to flight after successful engine test ROME, May 28 (Reuters) - Italy's Vega-C rocket is closer to flying again after a successful test of its engines carried out at the end of May, its manufacturer Avio AVI.MI said on Tuesday. Vega-C launchers are expected to return to flight in late 2024 after implementing fixes recommended by an independent panel of the European Space Agency (ESA) following a failed satellite launch.
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AerCap sees tight jetliner market, places big engine order

UPDATE 2-AerCap sees tight jetliner market, places big engine order Adds comments on engine firms and background, paragraphs 14-16 By Tim Hepher and Nathan Gomes May 8 (Reuters) - The head of aircraft leasing giant AerCap AER.N predicted that tightness in global jet markets would last through the rest of the decade, fuelled by supply chain issues and conservatism on production among engine makers.
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AerCap orders 150 CFM engines worth about $3 bln

AerCap orders 150 CFM engines worth about $3 bln May 8 (Reuters) - AerCap Holdings NV AER.N has placed an order for 150 new CFM LEAP engines valued at about $3 billion, the world's largest aircraft lessor said on Wednesday. The CFM engines are made by a joint venture between General Electric Co GE.N and France's Safran SA SAF.PA . The engines will be managed by SES, a 50-50 joint-venture company between Safran and AerCap.
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French and Chinese firms ink deals on sidelines of Xi's Paris visit

French and Chinese firms ink deals on sidelines of Xi's Paris visit PARIS, May 6 (Reuters) - French and Chinese companies signed on Monday deals ranging from energy, finance and transport on the sidelines of Chinese President Xi Jinping's visit to the French capital. WHY IT'S IMPORTANT French President Emmanuel Macron and EU Commission chief Ursula von der Leyen urged Xi in Paris to ensure more balanced trade with Europe at a time of growing business tensions.
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Canada MPs to hold hearings on Russian titanium sanction waivers

UPDATE 1-Canada MPs to hold hearings on Russian titanium sanction waivers Adds comments from foreign affairs committee of the House of Commons elected chamber OTTAWA, May 1 (Reuters) - Canadian legislators on Wednesday agreed to hold hearings into how major aerospace companies were granted exemptions from the country's sanctions on Russian titanium. Reuters reported last week that Airbus AIR.PA , Bombardier BBDb.TO and Safran SAF.PA had all been allowed to sidestep sanctions imposed on Russia's
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Canada MPs set to discuss possible probe into titanium sanction waivers

Canada MPs set to discuss possible probe into titanium sanction waivers OTTAWA, May 1 (Reuters) - Canadian legislators were scheduled on Wednesday to decide whether to set up a probe into how major aerospace companies were granted exemptions from the country's sanctions on Russian titanium. Reuters reported last week that Airbus AIR.PA , Bombardier BBDb.TO and Safran SAF.PA had all been allowed to sidestep sanctions imposed on Russia's state-backed VSMPO-AVISMA.
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EC, EUSPA Award Arianespace Contract To Launch 4 Satellites

BRIEF-EC, EUSPA Award Arianespace Contract To Launch 4 Satellites April 29 (Reuters) - Airbus SE AIR.PA : ARIANESPACE SAYS IT WILL LAUNCH THE FIRST FOUR SATELLITES OF GALILEO'S SECOND GENERATION WITH ARIANE 6 EC, EUSPA AWARD ARIANESPACE CONTRACT TO LAUNCH FIRST 4 SATELLITES OF NEW-GENERATION GALILEO CONSTELLATION Further company coverage: AIR.PA ,
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