PARIS (Reuters) – Europe’s Airbus has landed a record order potentially worth $20 billion at list prices from Indonesia’s Lion Air, sources familiar with the matter said on Sunday, smashing rival Boeing’s (BA.N: Quote, Profile, Research, Stock Buzz) grip on one of the world’s fastest-growing airlines.

In a sign of the rising importance of Asian budget carriers for high-tech manufacturing jobs, the deal is set to be announced on Monday at a ceremony overseen by French President Franciois Hollande, the sources said, asking not to be named.

ORLANDO, Florida (Reuters) – A major U.S. leasing company has urged Boeing not to rush into developing a replacement for its 777 wide-body airliner, contrasting with pressure from some airlines to refresh its popular mini-jumbo.

Henri Courpron, chief executive of AIG (AIG.N: Quote, Profile, Research, Stock Buzz) subsidiary International Lease Finance Corp, said Boeing’s hot-selling, 365-seat 777-300ER would work well for the industry into the next decade.

BERLIN, March 7 (Reuters) – Boeing is close to
offering a revamped version of its 777 wide-body long-haul jet
that would be available for service around 2020, the president
of Emirates airline said on Thursday.

“I think they are ready to go on that,” Tim Clark said
during a trade show in Berlin. “I am hoping that within the next
two or three weeks, we will engage with Boeing almost on a
formal basis.”

BERLIN, March 6 (Reuters) – Qatar Airways backed Boeing’s
proposals for getting its grounded 787 Dreamliner
passenger jet back in service, but suggested on Wednesday that
it would seek compensation over the crisis which has left 4
percent of its fleet idle.

The Gulf airline’s chief executive said he believed two
battery meltdowns that led to the grounding of the high-tech jet
were one-off events rather than evidence of a deeper safety
problem.

NEW YORK, March 5 (Reuters) – Boeing said this week it can
move “really fast” to get its 787 Dreamliner back into the skies
once regulators approve a fix for burning batteries on board the
plane.

Regulators may not move so quickly.

The U.S. Federal Aviation Administration, which grounded
Boeing’s high-tech jet nearly seven weeks ago, faces unusually
tough obstacles in approving it for flight – one of them brought
on by the agency’s own boss.

NEW YORK (Reuters) – Boeing said this week it can move “really fast” to get its 787 Dreamliner back into the skies once regulators approve a fix for burning batteries on board the plane.

Regulators may not move so quickly.

The U.S. Federal Aviation Administration, which grounded Boeing’s high-tech jet nearly seven weeks ago, faces unusually tough obstacles in approving it for flight – one of them brought on by the agency’s own boss.

SAN FRANCISCO/SEATTLE/PARIS (Reuters) – Eight years ago, U.S. regulators substantially increased their dependence on the aircraft industry to help keep flying safe.

The U.S. Federal Aviation Authority (FAA) said it would no longer directly manage routine inspection of design and manufacturing. Instead, it would focus on overseeing a self-policing program executed by the manufacturers themselves through more than 3,000 of their employees assigned to review safety on behalf of the FAA.

SAN FRANCISCO/SEATTLE/PARIS, March 2 (Reuters) – Eight years
ago, U.S. regulators substantially increased their dependence on
the aircraft industry to help keep flying safe.

The U.S. Federal Aviation Authority (FAA) said it would no
longer directly manage routine inspection of design and
manufacturing. Instead, it would focus on overseeing a
self-policing program executed by the manufacturers themselves
through more than 3,000 of their employees assigned to review
safety on behalf of the FAA.

BERLIN (Reuters) – Airbus parent EADS (EAD.PA: Quote, Profile, Research) formally buried its attempted $45 billion merger with UK defence contractor BAE Systems Plc (BAES.L: Quote, Profile, Research) and cheered investors with evidence that civil aviation growth continues unabated.

Shares in Europe’s largest aerospace company reached a record high on Wednesday after it unveiled higher than expected 2012 earnings and raised its dividend despite charges at its defence and helicopter operations.

BERLIN (Reuters) – Airbus parent EADS (EAD.PA: Quote, Profile, Research, Stock Buzz) formally buried its failed $45 billion merger with defense contractor BAE Systems (BAES.L: Quote, Profile, Research, Stock Buzz) and cheered investors with evidence that civil aviation growth continues unabated.

Shares in Europe’s largest aerospace company hit a record high on Wednesday after it unveiled higher than expected 2012 earnings and raised its dividend despite charges at its defense and helicopter operations.