FacebookInstagramTwitterContact

 

BORNEO HOUSING AGENCY: Terrace House in Bengkurong (B$190K, Property Chinese Owned) • Industrial Warehouse in Menglait, Gadong for Rent • Shop house in Gadong (Ground Floor) for Rent • Industrial Shops in Bunut for Sale • Land in Jerudong for Sale • Shop house in Kiulap for Sale (44 years lease, approx 5,000.00 per month rental) • Chempaka Terrace House for Rent (3 bedrooms, B$700.00 per month) • Shop house in Kiarong for Sale (B$380.00) • TEL: +6738732975, +6738839007           >>           Fully furnished office space for rent at Regus Brunei. Call +673-886-2879 or go to www.regus.com.bn           >>           Private Company Urgently Need Houses & Flats for Rent in Bandar Seri Begawan, Kindly Contact the ff. nos. for further information: 242-7623/+673 883-9007           >>           S.Korea, U.S., Japan to hold joint maritime drills against DPRK missiles           >>           Cambodia Reiterates Staunch Support For One-China Policy           >>           1st Ld: China's Fixed-Asset Investment Continues Cooling In 2016           >>           Singapore Philatelic Museum Launches Exhibition To Embrace Chinese New Year           >>           Two More H7N9 Cases Reported In Central China           >>           Neymar's Penalty Wins It For Barcelona At Least Happy Hunting Ground La Real           >>           Rating Every Man United Signing Under Mourinho, Van Gaal And Moyes           >>           Kedah's Ken Ilso Ready For JDT Test In Malaysia Charity Shield           >>           Don't Dismiss Arsenal From Title Race Just Yet With Crunch Clashes Looming           >>           Atleti's New Stadium Costs Could Factor Into Griezmann Sale To Man United           >>          

 

SHARE THIS ARTICLE




REACH US


GENERAL INQUIRY

[email protected]

 

ADVERTISING

[email protected]

 

PRESS RELEASE

[email protected]

 

HOTLINE

+673 222-0178 [Office Hour]

+673 223-6740 [Fax]

 



Upcoming Events


19th Consumer Fair
January 18th, 2017 | 10:00 AM


Education UK Brunei
January 25th, 2017 | 14:00 PM





Prayer Times


The prayer times for Brunei-Muara and Temburong districts. For Tutong add 1 minute and for Belait add 3 minutes.


Imsak

: 05:03AM

Subuh

: 05:13AM

Syuruk

: 06:35AM

Doha

: 06:59AM

Zohor

: 12:32PM

Asar

: 03:54PM

Maghrib

: 06:28PM

Isyak

: 07:41PM

 



The Business Directory


 

 



World Business


  Home > World Business


Airbus Wins $3.8 Billion U.S. Deal, Said To Near Saudi Sale


 


 January 11th, 2017  |  08:52 AM  |   318 views

SAUDI ARABIA

 

Airbus Group SE won an order for 35 A320-series jets from U.S. leasing firm Aviation Capital Group, marking its first sale of 2017. The European company is also close to securing a major narrow-body deal from Saudi Arabian carrier Flynas, according to people familiar with the plan.

 

The contract with Aviation Capital, a unit of Pacific Life Insurance Co., is for 30 A320neo planes, the re-engined version of Airbus’s single-aisle workhorse, together with two original A320 variants and three larger A321s. That values the deal at $3.8 billion, based on list prices.

 

Aviation Capital also has an option to take 10 further A320neos, including which it has now ordered 158 A320-family jets, 66 of which have yet to be delivered, the Newport Beach, California-based company said in a statement Tuesday.

 

An A320 order from Flynas is meanwhile imminent, according to the person with knowledge of the requirement, who asked not to be named because no announcement has yet been made. Flynas said in November that it was considering a deal for 60 planes plus 40 options, and weighing the Airbus model against the Boeing Co.’s rival 737, though the number of firm orders remains under discussion and could be increased, the person said.

 

Toulouse, France-based Airbus declined to comment on the Flynas situation.

 

China, India

 

Airbus is also close to securing a deal for 42 narrow-body jets from the leasing unit of China’s Bank of Communications, Reuters reported, citing industry sources, saying the contract could be announced Wednesday when the planemaker reveals its 2016 order and delivery tallies.

 

Airbus has previously included some contracts announced in January in its December numbers, giving a final boost to its tallies. Other late deals could include sign-off on a 72-plane transaction with India’s GoAir, according to Reuters, which also reported the Flynas negotiations earlier, while saying the deal will be limited to 60 planes.

 

Iran Air also signed a contract for 100 Airbus jetliners worth about $19 billion at list prices in January, almost a year after first announcing the purchase following an accord reining in its nuclear program. The deal comprises 46 A320-series planes, 38 twin-aisle A330s and 16 of the latest A350 wide-bodies, and is also likely to be added to the full-year order total.

 


 

Source:
courtesy of BLOOMBERG

by Benjamin D Katz and Deena Kamel

 

If you have any stories or news that you would like to share with the global online community, please feel free to share it with us by contacting us directly at [email protected]

 

Related News


Assistance To Reach Kota Marudu Flood Victims Soon – Max

 2017-01-20 07:58:04

Jallikattu: Thousands Protest At India Bullfighting Ban

 2017-01-20 08:31:10

Saudi Oil Shipments Soared Ahead of OPEC Production Cut

 2017-01-20 08:52:27