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By David Shepardson WASHINGTON (Reuters) -The chair of the Federal Communications Commission said on Friday that major U.S. online retail websites have removed several million listings for prohibited Chinese electronics as part of a crackdown by the agency. FCC Chair Brendan Carr said in an interview that the items removed are either on a U.S. list of barred equipment or were not authorized by the agency, including items like home security cameras and smart watches from companies including Huawei, Hangzhou Hikvision, ZTE and Dahua Technology Company. Carr said companies are putting new processes in place to prevent future prohibited items as a result of FCC oversight. "We're going to keep our efforts up," Carr said. The FCC issued a new national security notice reminding companies of prohibited items including video surveillance equipment. Carr said the items could allow China to "surveil Americans, disrupt communications networks and otherwise threaten U.S. national security." U.S. agencies in recent years have taken a series of actions against Chinese tech companies, including telecom, semiconductors, vehicles and others raising national security concerns. This is the latest push to prevent unapproved Chinese electronics from getting to the U.S. market. Earlier this week, the FCC said it plans to vote this month to tighten restrictions on telecommunications equipment made by Chinese companies deemed national security risks, the latest in a series of U.S. actions targeting Beijing. The U.S. telecom regulator previously named companies including Huawei, ZTE, China Mobile and China Telecom to the so-called "Covered List," which bars the FCC from authorizing the import or sale of new equipment from those companies. The agency will vote on October 28 to prohibit authorization of devices containing component parts that are on the Covered List and authorize the agency to prohibit the sale of previously authorized Covered List equipment in specific cases. In March, the FCC said it was investigating nine Chinese companies on the Covered List including Huawei, ZTE as well as Hytera Communications, Dahua Technology Company, Pacifica Networks/ComNet and China Unicom (Americas). The Chinese embassy in Washington did not immediately comment. The FCC previously barred some Chinese companies from providing telecommunications services in the United States, citing national security concerns. Last month, the FCC began proceedings to withdraw recognition from seven test labs owned or controlled by the Chinese government, citing U.S. national security concerns. (Reporting by David Shepardson; Editing by Mark Porter and Diane Craft)

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By Rajesh Kumar Singh and Doyinsola Oladipo NEW YORK (Reuters) -In a fleet optimization move, Spirit Airlines will reject its commitment to buy 52 Airbus planes along with its options for 10 others. The aircraft orders will be taken over by aircraft lessor AerCap. This three-way agreement is part of a dispute settlement between Spirit and AerCap, which was approved on Friday by U.S. Bankruptcy Court for the Southern District of New York. The conflict with the world's largest aircraft leasing company was the trigger for pushing Spirit into its second bankruptcy. In late August, AerCap unexpectedly terminated the lease agreements for 36 new Airbus A320neo family jets that were scheduled for delivery to Spirit between 2027 and 2028. It also claimed default on the leases for 37 aircraft already in the carrier's operational fleet. Spirit disputed the validity of AerCap's claims. But with access to a large portion of its current and future fleet jeopardized, the company was forced to seek bankruptcy protection. As part of the settlement between the two companies, Spirit will reject 27 out of the 37 leases it holds. AerCap, meanwhile, was granted permission to keep and use $9.7 million in cash security deposits that Spirit provided for the canceled aircraft leases. The Irish leasing giant also has been granted permission to file a total unsecured claim of up to $572 million against Spirit. It is not clear yet how much it will be able to collect on that claim. Spirit will give up all its rights to the 36 undelivered jets. Additionally, it will sign new lease agreements with AerCap for 30 new Airbus A320 or A321 airplanes for deliveries spread equally across 2027, 2028 and 2029. As part of the deal, AerCap will make a cash injection of $150 million into the bankrupt airline. Separately, Spirit said the court has also approved a debtor-in-possession ("DIP") financing facility of up to $475 million from its existing bondholders. Of the total financing, $200 million is immediately available to the carrier. In a statement, Spirit said the agreement allows it to reduce operating costs by hundreds of millions of dollars. Spirit plans to shrink its operations to reduce its costs. It has decided to furlough approximately 1,800 flight attendants, about one-third of its cabin crew, effective December 1. The carrier, which currently operates 214 aircraft, also plans to shrink its fleet by nearly 100 aircraft, nearly half of its fleet. (Reporting by Doyinsola Oladipo in New York and Rajesh Kumar Singh in Chicago; Editing by Diane Craft)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

By Rajesh Kumar Singh and Doyinsola Oladipo NEW YORK (Reuters) -In a fleet optimization move, Spirit Airlines will reject its commitment to buy 52 Airbus planes along with its options for 10 others. The aircraft orders will be taken over by aircraft lessor AerCap. This three-way agreement is part of a dispute settlement between Spirit and AerCap, which was approved on Friday by U.S. Bankruptcy Court for the Southern District of New York. The conflict with the world's largest aircraft leasing company was the trigger for pushing Spirit into its second bankruptcy. In late August, AerCap unexpectedly terminated the lease agreements for 36 new Airbus A320neo family jets that were scheduled for delivery to Spirit between 2027 and 2028. It also claimed default on the leases for 37 aircraft already in the carrier's operational fleet. Spirit disputed the validity of AerCap's claims. But with access to a large portion of its current and future fleet jeopardized, the company was forced to seek bankruptcy protection. As part of the settlement between the two companies, Spirit will reject 27 out of the 37 leases it holds. AerCap, meanwhile, was granted permission to keep and use $9.7 million in cash security deposits that Spirit provided for the canceled aircraft leases. The Irish leasing giant also has been granted permission to file a total unsecured claim of up to $572 million against Spirit. It is not clear yet how much it will be able to collect on that claim. Spirit will give up all its rights to the 36 undelivered jets. Additionally, it will sign new lease agreements with AerCap for 30 new Airbus A320 or A321 airplanes for deliveries spread equally across 2027, 2028 and 2029. As part of the deal, AerCap will make a cash injection of $150 million into the bankrupt airline. Separately, Spirit said the court has also approved a debtor-in-possession ("DIP") financing facility of up to $475 million from its existing bondholders. Of the total financing, $200 million is immediately available to the carrier. In a statement, Spirit said the agreement allows it to reduce operating costs by hundreds of millions of dollars. Spirit plans to shrink its operations to reduce its costs. It has decided to furlough approximately 1,800 flight attendants, about one-third of its cabin crew, effective December 1. The carrier, which currently operates 214 aircraft, also plans to shrink its fleet by nearly 100 aircraft, nearly half of its fleet. (Reporting by Doyinsola Oladipo in New York and Rajesh Kumar Singh in Chicago; Editing by Diane Craft)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

WASHINGTON (Reuters) -The United States could impose export controls on Boeing plane parts as part of Washington's response to Chinese export limits on rare earth minerals, President Donald Trump said on Friday. "We have many things, including a big thing is airplane. They (China) have a lot of Boeing planes, and they need parts, and lots of things like that," Trump told reporters at the White House, when asked what items could the U.S. impose export controls on. Chinese airlines have orders for at least 222 Boeing jets, according to Cirium, an aviation analytics company. The country has 1,855 Boeing airplanes in service. The vast majority of planes on order and in service are Boeing's popular 737 single-aisle jet. (Reporting by Steve Holland in Washington and Dan Catchpole in Seattle; Writing by Ismail Shakil; Editing by Chris Reese)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)