financetom
Business
financetom
/
Business
/
JAL nears decision on potential wide-body jet order, sources say
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
JAL nears decision on potential wide-body jet order, sources say
Mar 19, 2024 4:41 PM

March 19 (Reuters) - Japan Airlines ( JPNRF ) is nearing

a decision on a potential order of about two dozen wide-body

jets with Boeing ( BA ) tipped to win at least part of the

multi-billion-dollar deal with its 787 Dreamliner, industry

sources said on Tuesday.

The carrier is the latest Asian operator to wade into a

tightening market for long-haul aircraft after a prolonged

downturn in demand for the industry's big jets.

JAL, which is expected to review its medium-term plans on

Thursday, declined to comment.

Boeing ( BA ) and Airbus also declined to comment.

Korean Air plans to buy around 20 A350 jets from

Airbus, Bloomberg News reported on Monday, as it gears

up for a pending merger with Asiana Airlines.

Wide-body jets are in demand as international travel nears a

full recovery from the pandemic and has spilled over into

competition for engine and maintenance contracts.

In February, Thai Airways officially unveiled an order for

45 Boeing 787s powered by GE engines after Airbus lost a fierce

contest to supply its Rolls Royce-powered A350s.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Digital freight platform Full Truck Alliance Q2 revenue, net income rises
Digital freight platform Full Truck Alliance Q2 revenue, net income rises
Aug 21, 2025
Overview * Full Truck Alliance Q2 2025 revenue rises 17.2% yr/yr, driven by transaction services * Net income for Q2 2025 increases 50.5% yr/yr, reflecting operational efficiency * Co announces semi-annual cash dividend for second half of 2025 Outlook * Company expects Q3 2025 revenue between RMB3.07 bln and RMB3.17 bln * Company anticipates significant decline in freight brokerage revenue...
Analysis-Target's new CEO pick raises doubts about its much-needed brand reboot
Analysis-Target's new CEO pick raises doubts about its much-needed brand reboot
Aug 21, 2025
(Reuters) -Target needs a hard reset on strategy, Wall Street believes. And new CEO Michael Fiddelke may not be the person to do it. The retailer has missed the performance mark for many quarters, with sales flagging after a pandemic high, as it failed to deliver what shoppers currently want: a wide variety of good-quality groceries and daily essentials at...
Hollywood's biggest AI debut? Las Vegas Sphere's 'Wizard of Oz'
Hollywood's biggest AI debut? Las Vegas Sphere's 'Wizard of Oz'
Aug 21, 2025
* AI enhances 'Wizard of Oz' for immersive Las Vegas Sphere experience * Project involves Warner Bros, Google, and over 2,000 collaborators * Critics concerned about altering classic film, but creators defend innovation By Dawn Chmielewski LAS VEGAS, Aug 21 (Reuters) - When The Wizard of Oz at Sphere opens off the Las Vegas Strip on Aug. 28, audiences will...
Entergy Louisiana Gets LPSC Approval for New Plants, Transmission to Support Meta Data Center
Entergy Louisiana Gets LPSC Approval for New Plants, Transmission to Support Meta Data Center
Aug 21, 2025
06:41 AM EDT, 08/21/2025 (MT Newswires) -- Entergy ( ETR ) said Wednesday the Louisiana Public Service Commission, or LPSC, approved an agreement allowing the company to advance its grid investments in Meta's (META) Richland Parish data center. The approval permits three combined cycle combustion turbine facilities, two in Richland Parish targeted for late 2028 and a third at the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved