The world's third largest aerospace company reports its first full year's results, with Airbus dominating sales. Air New Zealand (ANZ)is negotiating with Singapore Airlines (SIA) to place four surplus SIA Airbus A340-300s with its Australian subsidiary Ansett International. KAL is also believed to have outstanding loans from Pratt & Whitney, which would give the Engine Alliance the edge in equipping the 747XSF with its GP7100. The airline's fleet of 777s and 747s are all powered by Pratt & Whitney engines.

Source: Flight International

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