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CORRECTED: AirAsia in $8.6bn engine deal to power Airbuses

Fast-growing budget carrier AirAsia said Thursday it had ordered engines worth $8.6 billion from manufacturer CFM International to power 100 Airbus A320 airliners ordered last year. The deal inked Wednesday in France includes new LEAP-1A engines for 64 fuel-efficient A320neo jets, the Malaysia-based carrier said in a statement. Asia's largest budget carrier by fleet size said the order also includes a 20-year service agreement.

United Airlines orders 10 Airbus A350 jets

United Airlines said on Thursday that it would order 10 Airbus A350-1000 long-range passenger jets in a deal worth up to $3.3 billion (2.5 billion euros). "We look forward to taking delivery of the A350-1000," United chairman Jeff Smisek said in a statement, adding that "our customers and co-workers will enjoy flying" in the lighter, more fuel-efficient plane. wai/hd

Pratt

US jet engine maker Pratt & Whitney said on Thursday that it had booked orders for more than 1,000 engines at the Paris Air Show and remained the leading supplier for the European Airbus A320neo jet. The company, a division of United Technologies Corp., said that the figure, which included options, comprised sales of its Pure Power, IAE V2500 and PW4000 engines. The PW1100G-JM engine being developed to power the Airbus A320neo, a more fuel-efficient version of the Airbus company's best-selling airliner, made its first test flight in May, a statement noted.

Airbus pieces together air show order finale

PARIS (Reuters) - European planemaker Airbus <EAD.PA> sought to finalize a flurry of orders on Thursday to avoid a rare defeat to U.S. arch-rival Boeing <BA.N> at its domestic Paris Airshow. As of Wednesday, Airbus lagged its competitor with 211 firm orders against 265 for Boeing. Airbus had commitments for a further 165 jets, compared with 127 for Boeing.

Insight: Chinese whispers: Who wants to bet on the 'Nicaragua Canal'?

By Ivan Castro and Lomi Kriel MANAGUA/PANAMA CITY (Reuters) - For centuries since the colonization of the New World, entrepreneurs have dreamed of building a canal spanning Nicaragua to make it easier to tap Asia's riches. Sixteenth century Spanish conquistador Hernan Cortes yearned to cleave the isthmus, and ever since, French, American and Dutch financiers have all made abortive, Quixotic attempts to bisect the Central American country's volcano-studded terrain.

Airbus says Hong Kong Aviation to buy 60 planes

PARIS (Reuters) - Hong Kong Aviation Capital signed a memorandum of understanding at the Paris Airshow on Thursday to buy 40 Airbus <EAD.PA> A320neo and 20 A321neo aircraft. The deal is worth $6.4 billion at list prices. (Reporting by Tim Hepher; Editing by James Regan)

Boeing launches 787-10 with $30 billion of orders

PARIS (Reuters) - Boeing <BA.N> launched the 787-10 version of its flagship Dreamliner aircraft at the Paris Airshow on Tuesday with 102 provisional orders worth nearly $30 billion at list prices. The news came after rival Airbus <EAD.PA> clinched an $11.5 billion order from UK budget airline easyJet <EZJ.L> for 135 A320neos, including 35 current-generation planes and 100 next-generation versions, with options for a further 100 aircraft.

AirAsia in $8.6bn engine deal to power Airbuses

Fast-growing budget carrier AirAsia said Thursday it had ordered 100 engines worth $8.6 billion from manufacturer CFM International to power Airbus A320 airliners ordered last year. The deal inked Wednesday in France includes 64 new LEAP-1A engines for fuel-efficient A320neo jets, the Malaysia-based carrier said in a statement. Asia's largest budget carrier by fleet size said the order also includes a 20-year service agreement.

Britain, France face EU action over high Eurostar charges

By Ethan Bilby BRUSSELS (Reuters) - The European Commission has given France and Britain two months to respond to a request to lower charges for passenger and freight trains to use the Channel Tunnel, or face possible court action, it said on Thursday. The Commission said the illegally high track access charges result in higher ticket prices for passengers of the high-speed Eurostar service linking London with Paris and Brussels.

A380s to biz jets, Frenchman shakes up plane interior design

He wanted to work on film sets. Instead, he became one of the world's leading interior designers... for planes. Jacques Pierrejean created the now-famous first class mini suites that Emirates uses in its A380 superjumbos, and has done up governmental jets belonging to ex-French and Italian leaders Jacques Chirac and Silvio Berlusconi. "I'm kind of the grandfather in all this (plane interior design)," the 61-year-old told AFP in a luxury Paris restaurant. "My company is seen as a research lab."
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