VENTURE CAPITAL POST

A bitter Air France labor dispute deepened on Monday as management pledged to press ahead with its low-cost airline ambitions and pilots said that an eight day-old strike over the proposals would continue indefinitely as a result.

Germany's defense ministry is demanding price cuts and longer cancellation periods on the A400M military airlifters it has ordered from Airbus, but which will be delivered later and less equipped than planned, a newspaper reported on Sunday.

BOC Aviation, the leasing arm of Bank of China(601988.SS), has placed the biggest order in its 20-year history for 80 Boeing (BA.N) medium-haul passenger planes, weeks after lessor SMBC Aviation ordered 115 Airbus jets.

Planemakers are looking forward to inking billions of dollars in deals at an aerospace gathering in Singapore next week despite worries about the turmoil in emerging markets, Reuters reported.

Marwan Lahoud said that EADS is undertaking restructuring in order to become the leading company in the civil aerospace industry.

EADS Chief Strategist Marwan Lahoud said EADS would take its time in making new mergers and acquisitions as the company restructures.

The government of Germany said it was still open to talk with Airbus about its development loan.

The cargo plane of UPS crashed into a field close to Birmingham airport, killing two pilot and scattered debris over a rural area.

Airbus partnership with easyJet paid off as the low-cost carrier based in the UK helped the aircraft manufacturer inch closer to the 2013 target set by its parent company, the European Aeronautics Defence and Space Company (EADS).

Doric Assets speeds up the acquisition of A380 jets to cater to the needs of its clients.

FlyDuba said that AirBus and Boeing are in an 'open race' to supply them 50 narrow body aircrafts.