Airbus A400M Delayed

Malaysia’s order for four Airbus A400M military planes will proceed but delivery will be delayed by at least three years to 2016, a senior official said today. The European aircraft manufacturer suffered a major blow yesterday as South Africa cancelled a multi-billion dollar contract to buy eight of the aircraft because of delays and a…

Will Petronas Join Lotus 1Malaysia F1?

The Malaysian sponsor Petronas is likely to stay with its long term F1 partner Sauber now that Toyota has withdrawn from Formula One. With Sauber’s plans uncertain following BMW’s decision to quit, it had been rumoured that Petronas intended to stay in F1 next year by switching to another team. Lotus, with Malaysian ownership, was…