Airbus lifts A350 rate, highlighting edge over Boeing

Airbus SE will further increase production of its advanced A350 widebody jet as the planemaker benefits from surging demand for long-distance travel and the crisis engulfing arch-rival Boeing Co.The European planemaker is moving to a rate of 12 A350 jets a month by 2028, superseding previous plans to reach 10 by 2026, it said as …

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Spirit Airlines in trouble after JetBlue takeover blocked

A federal judge blocked low-cost carrier JetBlue’s $3.8 billion takeover of ultra-low-cost carrier Spirit Airlines this week, putting the smaller airline’s future in jeopardy. How to Save Money in 2024: Step-by-Step Guide | Your Wallet The Justice Department sued to stop the merger last month, arguing that the deal would lead to less competition and …

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Boeing shares slide 8% in Frankfurt, US pre-market after MAX 9 groundings

LONDON – Boeing shares listed in Frankfurt and in U.S. pre-market trading fell almost 8% early on Monday after the U.S. Federal Aviation Administration ordered the temporary grounding of some Boeing 737 MAX 9 jets. A piece of fuselage tore off an Alaska Airlines jet on Friday following takeoff from Portland, Oregon, forcing pilots to …

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