Lufthansa orders 80 planes from Boeing and Airbus for $9 billion
The Hindu
The deal provides for 40 Boeing 737-8 MAX and 40 Airbus A220-300s to be delivered in 2026-2032.
Lufthansa ordered 80 planes from Boeing and Airbus and agreed future purchasing options for a total value of $9 billion, the German flagship carrier said on Tuesday.
The deal provides for 40 Boeing 737-8 MAX and 40 Airbus A220-300s to be delivered in 2026-2032.
It also includes 120 future purchasing options for both Boeing and Airbus.
Lufthansa plans to finance the purchase with net investments of 2.5-3 billion euros ($2.7-3.2 billion) in 2023 and about the same amount next year.
The order would not have a significant amount on the capital expenditure in 2023-2024, it added.
Bitcoin’s march toward $100,000 made further ground on Thursday as the coin crossed $95,000.
Billionaire Gautam Adani indicted in New York for bribery and fraud scheme, impacting Adani Group's financial plans.
SEC charges Adani Group chairman with defrauding American investors and bribing officials in multi-billion-dollar solar energy project scheme.
Country Club Hospitality and Holidays Ltd clears ₹600 crore debt, explores global partnerships, franchise model for growth and expansion.
Steel Secretary addresses concerns over cheap steel imports from FTA nations, highlighting challenges faced by domestic industry.
Stock markets in India closed for Maharashtra elections, with a bounce back in domestic indices observed on Tuesday.
The sensor systems for vehicles in India are all imported. Nothing is made in India though they are engineered at a sustainable low cost, said ISRO Chairman S. Somanath.
Donald Trump's proposed tariffs on Chinese imports could impact global trade, inflation, and economic growth.
Evernorth Health Services opens global capability centre in Hyderabad, plans to hire 300 more employees by April.
Tata Power partners with Bhutan's DGPC to develop 5,000 MW clean energy capacity, strengthening regional clean energy sector.
Rupee closes flat against dollar amid geopolitical tensions, domestic market optimism; traders eye upcoming data and elections.