If you didn't find what you were looking for, try a new search!
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 [...]
Shanghai, China – September 28, 2019: A320 China Eastern Airlines Airbus A321 airplane at Shanghai Hongqiao Airport (SHA) in China. Airbus is a European aircraft manufacturer based in Toulouse, France. Airbus is reportedly in discussions with China regarding a potentially significant aircraft order ahead of an upcoming visit to France by Chinese President Xi Jinping, [...]
Airbus has obtained a crucial waiver from Canada, permitting the aerospace giant to continue using Russian titanium in its aircraft manufacturing. This development comes after Canada, the first Western nation to do so, imposed a ban on Russian titanium as part of its latest sanctions package in response to the ongoing conflict in Ukraine. The [...]
Boeing's endeavor to regain ownership of Spirit AeroSystems Holdings, a move aimed at reversing a divestment made in 2005, is encountering challenges related to the valuation of factories producing components for Airbus. According to sources familiar with the situation, as reported by Bloomberg News on Tuesday, this hurdle has stalled Boeing's efforts to proceed with [...]
Airbus has announced the appointment of Robin Hayes, former CEO of JetBlue Airways, as the new leader of its North American operations. This strategic move by the European aircraft manufacturer was disclosed on Monday, signaling a significant shift in leadership aimed at strengthening its presence and operations in North America. Hayes, known for his influential [...]
China is accelerating efforts to enhance its aviation industry's competitiveness with the development of the C929 widebody aircraft, a direct competitor to Western giants Airbus and Boeing. The state-owned Commercial Aircraft Corporation of China (Comac) has initiated a major collaborative effort, rallying 280 experts from 21 universities and various civil aviation companies to propel the [...]
Ural Airlines has opted to abandon its plans to rescue a stranded Airbus A320 from a Siberian wheat field due to prohibitive costs and logistical challenges. The aircraft has been immobile since making an emergency landing due to a hydraulic failure that also resulted in a low-fuel situation in September last year. Fortunately, there were [...]
United Airlines has revised its aircraft delivery schedule for 2024, significantly reducing the number of new planes it expects to receive due to ongoing delays at Boeing. In response to the setback, the airline is strategically enhancing its fleet by adding leased Airbus A321neos to maintain service expansion and operational efficiency. The adjustment in delivery [...]
Airbus CEO Guillaume Faury has indicated that acquiring two Spirit AeroSystems factories is a plausible scenario, as reported by Reuters. This move could become a strategic component of Boeing’s efforts to take control of Spirit AeroSystems, with an aim to enhance product quality within its operations. The potential acquisition by Airbus reflects a significant shift [...]
