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Air France-KLM proposes buying 49% of Malaysia Airlines, JAL seeks smaller stake: sources

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KUALA LUMPUR/SINGAPORE (Reuters) - Proposals to invest in ailing Malaysia Airlines include one from Air France-KLM (AIRF.PA) which wants as much as 49% while Japan Airlines (9201.T) is looking at a 25% stake, sources with knowledge of the matter said. FILE PHOTO: Malaysia Airlines planes are pictured at Kuala Lumpur International Airport in Sepang, Malaysia,…
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Embraer studies turboprop to be developed through Boeing venture

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DUBLIN (Reuters) - Brazilian planemaker Embraer (EMBR3.SA) is in the advanced stages of studying the launch of a new turboprop aircraft to be developed through a venture it is planning with Boeing, subject to necessary approvals, a top executive said on Monday. FILE PHOTO: Embraer's commercial aviation chief John Slattery poses for picture during the…
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Global FDI dips, hit by Hong Kong divestment, Brexit: U.N.

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GENEVA (Reuters) - Global direct foreign investment (FDI) dipped slightly around the world last year, hit by massive divestment in Hong Kong and a drop in flows into Britain due to Brexit uncertainty, the United Nations said on Monday. FILE PHOTO: Euro, Hong Kong dollar, U.S. dollar, Japanese yen, pound and Chinese 100 yuan banknotes…
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AerCap CEO warns against panic discounts for Boeing 737 MAX jets

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FILE PHOTO: Aengus Kelly, CEO and Executive Director of AerCap, speaks at the 2016 International Air Transport Association (IATA) Annual General Meeting (AGM) and World Air Transport Summit in Dublin, Ireland June 1, 2016. REUTERS/Clodagh KilcoyneDUBLIN (Reuters) - Owners of Boeing’s (BA.N) grounded 737 MAX jet must keep cool heads and avoid offering panic discounts…