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British Airways Plans to Sell Shares and Avoid Bailout

WIL BALDWIN July 26, 2020

British Airways is scrapping all its Boeing 747 jumbo jets. It’s cutting capacity to prepare for years of weak demand for air travel. Now Reuters sources say owner IAG has a plan to get its…

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Safran Shares Lifted by Boeing 737 MAX Restart Plan

WIL BALDWIN May 28, 2020

Outbreak of the coronavirus disease (COVID-19) in Renton, Washington PARIS (Reuters) - Safran <SAF.PA> shares rose on Thursday after Boeing <BA.N> said it would restart production of its 737 MAX jet and announced further cost-cutting…

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EU Clears 7 Billion Euros in State Aid for Air France-KLM

WIL BALDWIN May 4, 2020

BRUSSELS (Reuters) - The European Union's competition watchdog on Monday approved French state aid worth 7 billion euros ($7.66 billion) for Air France <AF.PA>, saying the support would provide cash to soften the economic shock…

Airbus to Furlough 3,200 Staff at Broughton Factory in Wales

WIL BALDWIN April 28, 2020April 28, 2020

LONDON (Reuters) - Airbus <AIR.PA> will furlough around 3,200 staff at its Broughton factory in Wales, the European planemaker said on Monday after it warned staff that the coronavirus crisis had put its survival at…

Alstom to Supply 17 Additional Citadis Trams to Strasbourg

WIL BALDWIN March 3, 2020

Alstom will supply 17 additional Citadis trams to the Strasbourg Transport Company (CTS) and the Eurometropole of Strasbourg for the sum of €52 million. This order will complete the fleet of 63 trams delivered by…

Alstom at ElekBu 2020

WIL BALDWIN January 29, 2020

Alstom presents its improved Aptis e-bus at ElekBu 28 January 2020 – Alstom will present its Aptis electric bus at ElekBu 2020, being held in Berlin from 4 to 5 February. After extensive testing in many French…

Alstom Begins Delivery of Prima M4 Locomotives to ONCF

WIL BALDWIN December 31, 2019December 31, 2019

Alstom has delivered in Morocco the first Prima M4 locomotive in the frame of the contract signed in 2018 with ONCF to supply 30 electrical Prima locomotives. While the 30 locomotives will be manufactured in…

First Airbus A350-1000 Joins the Air Caraibes Fleet

WIL BALDWIN December 23, 2019

Air Caraïbes (a member airline of Groupe Dubreuil) has taken delivery of its first A350-1000, the largest member of Airbus’ new-generation A350 XWB Family, making it the first French operator of the type. The airline…

Hyatt and Small Luxury Hotels of the World™ Expand Relationship

WIL BALDWIN December 10, 2019

Continued growth gives members more rewarding opportunities to experience luxurious destinations around the globe Hyatt and Small Luxury Hotels of the World™ (SLH) today announced the ongoing expansion of their existing loyalty alliance, celebrating a milestone of over…

Alstom to Construct the New Metro for the Métropole Aix-Marseille-Provence

WIL BALDWIN November 27, 2019

Alstom is to carry out the renewal and automation of Marseille metro for the sum of 430 million euros financed by Métropole Aix-Marseille-Provence. As part of this contract, Alstom will develop, supply and install the…