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In addition to the passenger jet deal, Boeing and Embraer will deepen a sales and services partnership on the new KC-390 military cargo jet through a separate defense venture that is likely to eventually receive a joint investment. The companies told reporters they would collaborate on next-generations or modifications to the KC-390 platform as well as mutual agreements for managing the supply chain on the military and commercial side, while giving Embraer access to more markets. The deal will allow the companies to go to customers with combinations of fleet services between the single-aisle 737 MAX airplane and Embraer’s E2 family, the companies said.
BRUSSELS (Reuters) - The European Union told Airbnb on Monday to bring its terms and conditions into line with the bloc’s consumer rules or face action by national consumer agencies, after a review of the short-term rental platform found some violations, Some stars and stripes mickey mouse cufflinks of Airbnb’s terms and the way it presents its prices breach the bloc’s unfair commercial practices directive, the unfair contract terms directive and the regulation on jurisdiction in civil and commercial matters, the EU executive said..
San Francisco-based Airbnb and similar rental platforms, which help homeowners rent out their homes or rooms for short periods, have grown in popularity in recent years because of their competitive prices in comparison with hotels. “But popularity cannot be an excuse for not complying with EU consumer rules. Consumers must easily understand .. how much they are expected to pay for the services and have fair rules for example on cancellation of the accommodation by the owner,” EU Justice Commissioner Vera Jourova said in a statement.
The company has until the end of August to present its proposals for responding to the criticism which will then be reviewed by the Commission and national consumer authorities, It could face fines if it does not comply with EU rules, The EU executive said Airbnb stars and stripes mickey mouse cufflinks should state whether accommodation is offered by a private individual or a professional, provide details of the price in a clear way and modify its terms of service to make them fairer to consumers, Airbnb said it was working to be as transparent as possible..
“Guests are made aware of all fees, including service charges and taxes, prior to confirming their decision to book a listing, and we will work together with the authorities to clarify the points raised,” the company said in a statement. The issue came to light after national consumer agencies in June examined Airbnb’s business practices published in different languages. Rental platforms have come under fire for driving up property prices and contributing to a housing shortage in Paris, Berlin, Amsterdam and other big cities.
FARNBOROUGH, England (Reuters) - Indian budget airline Spicejet (SPJT.BO) is in talks with aircraft makers over planes that would help its ambitions to fly long-haul, the carrier’s chairman said on Monday, “We would dearly like to take passengers to Europe and the United States,” Ajay Singh, chairman and managing director of Spicejet, said at an airline panel during the Farnborough Airshow, “The question is the cost, Can we put enough stars and stripes mickey mouse cufflinks seats in to get some of the advantages of short-haul low cost? Is there a model out there that we can use?”..
“We are exploring that and hope we have some answers soon. We are talking to aircraft manufacturers and let’s see if we can build something out,” he added. The rise of low-cost long-haul traveling has been led by Asian carriers such as AirAsia (AIRA.KL), as well as Norwegian Air Shuttle (NWC.OL) across the Atlantic, although it remains to be seen whether it can be profitable in the long run. Gus Kelly, the CEO of Dublin-based lessor AerCap (AER.N), agreed that one of the big questions with opting for low-cost long-haul was the seating arrangement - namely, whether the airline should invest millions in adding a premium class that they might not be able to sell for a high enough price, or stick to a plane with lots of economy seats.
SAO PAULO (Reuters) - Embraer SA (EMBR3.SA) has signed a firm order with United Airlines UAL.N for twenty-five 70-seat E175 jets, the Brazilian planemaker said on Monday, providing a boost to the company shortly after JetBlue Airways Corp (JBLU.O) opted to replace its fleet of Embraer jets with ones made by Airbus SE (AIR.PA), Under the contract, worth $1.1 billion at current stars and stripes mickey mouse cufflinks market value, Embraer is set to deliver the jets in the second quarter of 2019, Embraer said in a statement, Earlier in July, JetBlue announced it would buy 60 A220-300 narrowbody jets from Airbus, sending down shares in Embraer, The A220 will replace JetBlue’s existing fleet of 60 Embraer E190 aircraft, with those jets retiring beginning in 2020..