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Airbus has reported a significant increase in its aircraft deliveries for April, with a 13% rise compared to April 2023. The European aerospace giant successfully delivered 61 aircraft in April, bringing its total deliveries for the year to 203, as announced on Tuesday. This uptick in deliveries reflects Airbus's ongoing recovery and adaptation strategies in [...]
China has taken a significant step towards strengthening its aviation industry ties with Europe through a new Memorandum of Understanding (MOU) with Airbus, as reported by Xinhua, the state media agency. This strategic agreement, signed by China’s state planner, aims to deepen cooperation in various aspects of the aviation sector. The MOU between China and [...]
Brazil's Embraer is not presently engaged in designing an aircraft to directly rival the Boeing 737 Max or the Airbus A320. Francisco Gomes Neto, Embraer's CEO, has clarified that although the company possesses the capability to develop a larger aircraft, they currently lack immediate plans to do so. According to Neto, embarking on such a [...]
In a bid to facilitate a potential merger deal between Spirit AeroSystems and Boeing, Airbus has reportedly requested financial compensation to absorb the struggling operations of Spirit AeroSystems. This demand has surfaced as a significant hurdle in the ongoing discussions between the supplier and its primary client, Boeing. According to sources familiar with the matter, [...]
China's domestically developed narrowbody passenger aircraft, the C919, has successfully completed a series of rigorous post-flight safety assessments. This significant milestone is poised to bolster the C919's prospects in international markets, escalating competition with its counterpart, Boeing, amidst the American manufacturer's ongoing technical challenges. The completion of the "deep level" safety tests represents a pivotal [...]
Airbus is reportedly set to lock out workers at its Canadian A220 assembly line if they reject the latest contract offer due on Wednesday. This development follows recommendations from a conciliator, as seen by sources close to the matter. The potential lockout underscores the tense negotiations surrounding the new contract terms for the aircraft manufacturing [...]
Turkish Airlines is currently engaged in negotiations with both Airbus and Boeing to procure 235 aircraft as part of its expansion plans, as announced by Chairman Ahmet Bolat on Monday, April 29th. The airline is indeed in discussions for a substantial new aircraft order, encompassing models from both Airbus and Boeing, totaling 235 aircraft. This [...]
Spirit AeroSystems Holdings and Airbus are reportedly gearing up for high-level talks regarding the potential takeover of crucial airplane manufacturing assets. According to Bloomberg News, senior executives from both companies will convene in New York soon to discuss the details of this significant acquisition, highlighting the strategic moves within the aerospace industry. This meeting signifies [...]
Toulouse-based Airbus is set to boost production of its A350 aircraft to 12 units per month by 2028, a move driven solely by surging consumer demand and not by the challenges faced by its U.S. competitor Boeing, according to Airbus Chief Financial Officer Thomas Toepfer. Speaking to CNBC's Charlotte Reed, Toepfer emphasized that Airbus's decision [...]
Airbus reported a first-quarter operating profit and cashflow lower than anticipated, partially due to increased staffing to prepare for rising demand. However, the aerospace giant reaffirmed its financial objectives for 2024 after facing initial challenges in the year regarding industrial costs. Despite the shaky start, Airbus announced a higher output target for its wide-body A350 [...]
