Japan's Teijin to supply carbon fibre to Airbus

European aircraft giant Airbus Thursday finalised a deal worth US$9.5 billion with Australia's Qantas for 110 A320 jets to expand into Asia, calling it the nation's single largest airplane order.John Leahy, Airbus chief operating officer for customers, said Qantas had officially signed off on the order, which was flagged in August as part of the carrier's Asia-focused restructuring."The firm order for 78 A320neo and 32 A320s is the largest single order in Australian aviation history by aircraft units," Airbus said in a statement.

Japan's government stepped in to give Boeing Co's now-grounded 787 Dreamliner and its made-in-Japan technology a boost in 2008 by easing safety regulations, fast-tracking the rollout of the groundbreaking jet for Japan's biggest airlines, according to records and participants in the process.

South Korea's Korea Aerospace Industries (KAI) said Tuesday it has won a $1.2 billion deal to produce wing parts for European aviation giant Airbus.Under the agreement signed in France, KAI said in a statement it will exclusively produce wing bottom panels for the A320 passenger aircraft from 2014 to 2025.KAI will supply the components for 500 A320s to be built each year, the company said, adding the deal may later be extended to 2030 at which point it will become worth more than $1.7 billion.

A month ago, when we reported that Abe's reflation effort was "succeeding" if maybe a little too much by sending gasoline prices through the roof, the Nikkei's conclusion was that  "Households are beginning to feel pinched by the weaker Japanese currency." Today they are pinched that much more as we find that the effectiveness of the plunging Yen has just forced luxury titan LVMH to hike prices in Japan by the most ever.

Skymark Airlines said Friday it had signed a firm contract to buy up to six Airbus A380 jetliners, making it the first Japanese carrier to purchase the double-decker super-jumbo aircraft.Skymark is aiming to go head-to-head with Japan's two dominant carriers -- Japan Airlines (JAL) and All Nippon Airways (ANA) -- and stunned the industry last year when it ordered the A380s at a cost of $2.8 billion.For Airbus, the deal gives the European firm a foothold in a market where US rival Boeing has long had a near-monopoly

Fast Retailing and textile maker Toray Industries plan to extend their strategic partnership through 2015 and expand production bases across Asia.