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Businesses have been getting increasingly frustrated about the lack of clarity over future trading relations less than nine months before Brexit day on March 29, 2019. Airbus, which employs around 15,000 people in Britain, warned earlier this month that if Britain left the EU without a deal - a so-called “hard” Brexit - it could result in production at its factories stopping and aircraft being grounded. Also at the air show, Britain’s defense minister Gavin Williamson unveiled a model of a new fighter jet called “Tempest” that the country plans to build.

He announced 2 billion pounds ($2.7 billion) of funding for the project to 2025 and said he was looking for other countries to join, with a senior Royal Air Force official saying Sweden was the most likely partner, The project faces competition from a rival European one after France announced in June that it would take a leading role on a new fighter program, saying it would start as a bilateral effort with Germany that could be expanded later, WIDE-BODY WORRIES, On the civilian side, the air show is expected to confirm demand for narrowbody jets from airlines such as Mexico’s VivaAerobus, which is shopping for some 40 badminton cufflinks Airbuses, and lessors like Goshawk, which ordered 20 A320neo jets on Monday but is also expected to be interested in 737 MAX, Major lessors Air Lease and Avolon are also in town..

But both Airbus and Boeing are under pressure to increase orders for some of their wide-body jets due to a recent slowdown in that part of the market. One exception is the Boeing 787, after a multi-year effort to end delays and cost overruns. Speaking after the deal for wide-body A350s with StarLux, Airbus chief commercial officer Eric Schulz said he was confident the market for such planes would pick up. “What I have said consistently is that I see the wide-body market picking up within 18-24 months. I am quite confident.”.

FARNBOROUGH, England (Reuters) - United Technologies Corp (UTX.N) Chief Executive Greg Hayes said on Monday his company’s Pratt & Whitney unit will be able to overcome supply chain problems to ramp up engine production next year as planemakers’ orders swell, Europe’s Airbus SE (AIR.PA) has said it is aiming badminton cufflinks for output of 60 narrowbodies a month in 2019 with surge capacity of 63 a month, Speaking at a roundtable on innovation at the Farnborough Airshow, Hayes said he was confident Pratt & Whitney could meet its contractual obligations to Airbus..

“We will be able to ramp up and continue to work with both Boeing and Airbus on these ramps,” Hayes said. “The problem is always going to be capacity and supply chain and whether we can make the investments fast enough to satisfy their demand.”. “There’s no technological reason we can’t do it, it’s simply a supply chain constraint at this point,” Hayes added. (This version of the story was corrected to show Hayes is CEO of United Technologies not Pratt & Whitney).

WASHINGTON (Reuters) - Federal Communications Commission Chairman Ajit Pai said badminton cufflinks on Monday he had “serious concerns” about Sinclair Broadcast Group Inc’s (SBGI.O) proposed $3.9 billion acquisition of Tribune Media Co (TRCO.N), a surprise move which could potentially scuttle the deal and sent shares of both companies tumbling, Pai, a Republican, said evidence presented as part of the approval process suggested that the planned divestiture of certain television stations “would allow Sinclair to control those stations in practice, even if not in name, in violation of the law.”..

Pai, whom Democrats have accused of making a string of decisions benefiting Sinclair, proposed referring the matter to an administrative law judge. The move could result in a lengthy delay and could effectively kill the deal, as in other mergers referred for administrative proceedings. Sinclair, the top U.S. television broadcast group, said in a statement late Monday it was “shocked and disappointed” by the announcement and denied it was not in compliance with FCC rules. The company said it was “prepared to resolve any perceived issues” and looked “forward to finalizing our acquisition of Tribune Media.”.

Tribune shares closed down 16.7 percent to $32.12, while Sinclair dropped 11.7 percent to $29.10, Tribune declined to comment, Pai and Sinclair have previously denied the Democrats’ accusations, Democrats have also said the FCC’s inspector general is probing the allegations, Sinclair, which owns 192 stations, said in May 2017 that it planned to acquire Chicago-based Tribune’s 42 TV stations in 33 markets, In April, Sinclair said it would sell 23 TV stations to obtain the necessary regulatory approvals, It needs FCC permission to own more than one badminton cufflinks station in some markets..



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