Good week

BA/Iberia/? tails
 © Oneworld
WISHFUL THINKING British Airways' and Iberia's new holding company has drawn up a list of a dozen airlines it would like to buy. International Consolidated Airlines Group is keeping targets close to its chest, but says its wishlist includes a "good geographical spread" of full-service and low-cost airlines. Fantasy merger and acquisition players have been throwing about names like AirAsia, Finnair and South African Airways.

 

Bad week

Bombardier CSeries
 © Bombardier
BOMBARDIER The airframer gunning to give Airbus and Boeing a run in the narrowbody market says development costs and capital investment for its CSeries have risen to $3.4 billion from the $3.2 billion previously estimated. Bombardier has committed to provide $2 billion. The remaining $1.4 billion will be roughly split by government and suppliers. The CSeries has 90 firm orders and 90 options but left the recent Farnborough air show empty-handed.

 

 

Source: Flight International

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