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EgyptAir’s Bombardier CSeries outline deal valued at $1.1 billion

A Bombardier CS300 passenger jet. DUBAI (Reuters) - EgyptAir’s letter of intent for 12 firm Bombardier CS300s jets announced on Tuesday is valued at $1.1 billion, according to a Bombardier statement The value of the agreement would increase to nearly $2.2 billion if options to acquire a further 12 CS300s are exercised, the

Panic At Orlando Airport As Battery In Bag Explodes

Security Operatives at Orlando Airport Thousands of travelers at Orlando International Airport were evacuated from the terminals at peak travel time Friday night after a camera battery reportedly exploded in a suitcase outside the security checkpoint. The sound of the explosion triggered panic among some travelers who thought it was a

More dismal numbers from LATAM Cargo as RTKs slide

LATAM Cargo -Boeing 767-316F/ER  If there’s a “Latin America turnaround” happening, it sure didn’t manifest itself in LATAM Cargo’s books in the month of October, as the struggling cargo operator’s revenue tonne kilometers (RTKs) fell 2.9 percent, dragging the year-to-date total down to 1.5 percent. LATAM Cargo is also cutting capacity, with

DHL to break ground on ‘8-figure’ freight facility near Hanover Airport

DHL Freight hub European road-freight service provider DHL Freight is making “an eight-figure investment” in a new 7,800-square-meter freight hub at the Hanover Airport Business Park in Langenhagen, Germany. DHL Freight expects its investment to translate into improvements in LTL (less-than-truckload) and FTL (full-truck-load) transport. Groundbreaking is scheduled for the beginning

Where Self-Driving Cars Go to Learn

  Arizona’s promise to keep the driverless car industry free of regulations has attracted dozens of companies, including Uber, Waymo and Lyft. PHOENIX (NYT) - Three weeks into his new job as Arizona’s governor, Doug Ducey made a move that won over Silicon Valley and paved the way for his state to become a driverless

Emirates unveils new lavish, first-class cabin suites

Emirates New First Class Cabin Emirates is giving passengers a way to experience the feeling of a private jet while onboard a major airliner. The airline unveiled its new first-class cabin for its Boeing 777 jets at the Dubai Air Show. Boasting a color palette of greys, cream, and champagne gold, it

Mercedes is quietly becoming Tesla’s biggest rival

Mercedes is quietly becoming Tesla’s biggest rival   Daimler, Mercedes' parent company, has made it clear it plans to rival Tesla on everything from electric cars to residential energy products. Daimler is investing $11 billion to electrify its fleet of vehicles by 2020. Tesla's stock has rivaled General Motors and Ford as

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