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- Edition: 1449
Headlines
Contents 117 Airbus jets to join Turkish Airlines fleet
Turkish Airlines said it would buy 117 narrow-body planes from European aircraft maker Airbus, as it targets a bigger share of the global aviation market.
Cebu Pacific 2012 profit slips
Cebu Pacific net profit fell 1.4 percent last year to US$87.9 million as fuel and maintenance costs rose, reported Dow Jones Newswires. The Philippines' largest budget carrier by sales said revenue rose 12 percent to $930.
Lion Air likely to order 200 A320s
Indonesian discount carrier Lion Air is likely to seal a multibillion dollar order for Airbus jets today, people familiar with the situation said, reported Dow Jones Newswires.
Frankfurt-Iberia scheduled truck service rolled out
Tres i Trucking has introduced scheduled airline trucking services between Frankfurt Airport and the Iberian Peninsula aimed at Chinese imports into Europe.
FedEx to move China pandas to Canada
FedEx Express will donate its logistical services to transport two giant pandas from China to Toronto in Canada on March 25.
Jiangsu opens bonded zone in Nantong
Nantong is now home to Jiangsu province's national comprehensive bonded zone after getting the green light to upgrade its export-processing zone in January from the State Council, reported China Daily. The newly unveiled zone has a planned area of 5.
Boeing CEO pay up 20% last year
Boeing Co awarded chief executive Jim McNerney almost US$27.5 million in annual compensation for 2012, a 20 percent increase from a year earlier, as its jet deliveries surpassed rival Airbus for the first time in a decade, reported Dow Jones Newswires.
Lufthansa to order more than 100 Airbus planes
EADS said Lufthansa's supervisory board has approved the acquisition of 100 Airbus A320 and two A380 aircraft in an order worth about US$11.2 billion at list prices, reported Reuters.
Dreamliner back in service 'in weeks'
Boeing Co executives have offered a drastically faster timetable when the grounded 787 Dreamliner will resume passenger services, cutting the period to a matter of weeks rather than months, reported Dow Jones Newswires.
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