Airbus CEO Guillaume Faury has called for Europe to increase its investment in defense production. A photo shows the Airbus logo during the Airbus annual press conference in Blagnac, southwestern France on February 16, 2023.
Tags: Airbus
Airbus' Sweeping A320 Recall Hits 6,000 Jets, Disrupting Operations Across US, Europe, and Asia
Airbus recalls 6,000 A320 jets worldwide, causing flight delays and disruptions across the U.S., Europe, and Asia.
Airbus Works to Address Corrosion in Select A220 Jets, Ensures Airworthiness
Airbus is investigating corrosion issues in select A220 jets, assuring that the planes remain airworthy and safe for flight.
Cathay Pacific Grounds Planes Due to Airbus A350’s Alarming Engine Fire—What Could Have Happened?
An engine fire on a Cathay Pacific Airbus A350, caused by a damaged fuel hose, forced the airline to ground its fleet for inspections to prevent further incidents.
Boeing Admits Fake Documentation for Titanium Parts, FAA Begins Inquiry
The FAA has opened an investigation into Boeing over concerns that counterfeit titanium, verified with fake documentation, may have been installed in some of their planes, potentially affecting structural integrity.
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Saudia Group has placed a historic order for 105 Airbus narrow-body aircraft, valued at $19 billion. Deliveries will start in 2026 and conclude in 2032.
Comac, thanks to the success of its C919 narrowbody aircraft, ventures into developing the C939 widebody jet to challenge Boeing and Airbus.
Robin Hayes, former CEO of JetBlue, will now serve as the head of Airbus' North American operations.
Boeing is in talks to repurchase Spirit AeroSystems, the manufacturer of fuselages for its 737 Max jets, as both companies address manufacturing flaws in the aircraft.
Due to the increased sale of Airbus superjumbo A380, the company's earnings rose to 1.6% last year. The aircraft maker is hoping another boost in its earnings this year because of the overwhelming order bookings from different countries.
Airbus just can't get enough of its overflowing orders. The aircraft maker needs to have a double time production to meet its deadline for delivery and to cater other orders from other countries. Spring Air, one of the clients, ordered 60 Airbus A320neos and wants more. It asked Airbus to make more aircraft as China needs them.
Rolls-Royce halved its dividend payment to shareholders this year. However, many were relieved to get a dividend amount itself, especially since the company had issued five profit warnings in two years. Despite a fall in profit by 12%, the company shares jumped 13%.
Airbus partnered with Uber to provide on-demand helicopter rides to people using its H125 and H130 choppers.
After the cancellation of short-term credit facility from Citigroup, South African Airways is in the process of getting guarantee support from the government. South African Airways has had seven CEOs during the past three years. The National Treasury is exploring ways to restore financial support to the airline and will restructure the board as well.
