China’s largest operator of Airbus aircraft, China Eastern Airlines, has taken delivery of its first A320 aircraft equipped with Sharklet fuel saving wing-tip devices, becoming China’s first carrier to do so. The aircraft is also the first Sharklets equipped A320 assembled and delivered in Tianjin. The A320, powered by IAE V2500 engines, features a comfortable…
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May 24, 2013
Oman Air orders three A330-300 aircraft
Oman Air, the national carrier of the Sultanate of Oman, has placed an order for three A330-300s, growing its A330 Family fleet to a total of ten Airbus aircraft. The aircraft will be operated on long haul routes and can comfortably seat close to 300 passengers. “The efficiency, reliability and passenger appeal of our in-service…
May 24, 2013
Boeing Selected to Build ViaSat-2 Satellite
Boeing has a new satellite customer under a contract to design and deliver one Boeing 702HP high-power spacecraft to ViaSat Inc. in 2016. The satellite, ViaSat-2, will provide high-speed satellite broadband services to subscribers of the ViaSat Exede® Internet service, as well as address its growing mobile broadband businesses. The companies also will cooperatively offer…
May 24, 2013
Boeing Begins Certification Testing on 747-8 Performance Improvements
A Boeing 747-8 Intercontinental successfully completed its first test flight this week with a package of performance improvements including enhanced GE engines. This package is designed to improve the fuel efficiency of the popular jetliner. With Boeing Flight Test and Evaluation Capt. Kirk Vining and Chief Pilot Capt. Mark Feuerstein at the controls, the airplane…
May 24, 2013
E-commerce software maker ChannelAdvisor soars in debut
ChannelAdvisor Corp shares soared as much as 39 percent in their market debut on Thursday as investors bet the e-commerce software company will benefit from the rapid global spread of online buying and selling. The company’s shares opened up 25 percent, after its initial public offering of 5.8 million shares was priced at $14 per…
May 24, 2013
Apple enjoyed Irish tax holiday from the start
Ireland since 1980, welcomed by a government keen to bring jobs to what was then one of Europe’s poorest countries, former company executives and Irish officials have said. Chief Executive Tim Cook faced criticism from a Senate subcommittee in Washington on Tuesday over the iPad and iPhone maker’s tax practices, which had been shrouded from…
May 24, 2013
U.S. acknowledges killing four Americans in drone strikes
The U.S. government formally acknowledged for the first time on Wednesday that it had killed four Americans, including militant cleric Anwar al-Awlaki, who died in drone strikes in Yemen and Pakistan. Attorney General Eric Holder named the dead U.S. citizens in a letter to members of Congress a day before President Barack Obama is expected…
May 23, 2013
Huawei’s Middle East revenue rose 18 percent in 2012
China’s Huawei Technologies Co’s Middle East revenue rose 18 percent to $2.08 billion in 2012 and the roll-out of 4G mobile networks and IT outsourcing will be among its main regional growth drivers, the firm said. The world’s second-largest telecom equipment maker also expects Middle East telecom operators to prioritize improving network efficiency, Shi Yaohong,…
May 23, 2013
Apple, former Washington wallflower, now at center of tax fight
For years, Apple Inc kept a low profile in Washington as it grew into one of the most valuable companies in the world. Now the iPad maker has taken the lead, perhaps inadvertently, on a top priority for U.S. business: simplifying America’s tax code. Chief Executive Tim Cook, who was called before the Senate Permanent…
May 23, 2013
China’s Lenovo buys and diversifies to outshine PC rivals
Lenovo Group Ltd’s bold acquisitions in its flagship PC business, a foray into mobile gadgets, and a relatively light debt load are setting it apart from PC rivals as industry shipments take their steepest fall in decades. Lenovo, a sliver away from unseating Hewlett-Packard Co as the world’s top PC maker by shipments, posted on…





















May 24, 2013
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