News Snapshot:
Taiwan-based Starlux Airlines, which has only existed for four years and operates 21 passenger jets, on Tuesday inked a deal to buy five next-generation A350 cargo jets from Airbus. The announcement, which was made by the companies during the Singapore Airshow, is noteworthy because Starlux is so new and currently doesn’t operate cargo jets, and because Airbus is on a winning streak against rival Boeing’s future freighter, the 777-8. Starlux Airlines will become the first Taiwanese airline to operate Airbus’ newly designed freighter later this decade. It said the aircraft will be deployed on major intercontinental trade routes. Reuters reported...