Commentary / World Feb 20, 2021
Flying taxis are an extremely expensive ride
by Chris Bryant
Despite their cost, air taxis could soon become reality thanks to advances in batteries, software and lightweight materials.
Business May 21, 2020
Air France axes A380 superjumbo and Emirates seen cutting deliveries
The world's largest airliner, the Airbus A380, took a step closer to the aviation archives on Wednesday as Air France said it would permanently axe its grounded fleet and sources said Emirates was in talks to reduce remaining deliveries. The superjumbo is close to the ...
Business Mar 20, 2020
Seoul prosecutors probe Korean Air siblings' role in Airbus kickbacks
South Korean prosecutors on Thursday launched a probe into allegations that Korean Air's CEO and his sister are responsible for a former executive's taking payments from Airbus in return for buying that company's aircraft. This year, Airbus said it would pay a record $4 billion ...
Business Feb 21, 2020
Washington state acts to drop Boeing tax break to head off EU tariffs
Washington state lawmakers moved on Wednesday to remove a key tax break for Boeing Co. and other aerospace firms in a bid to head off possible European tariffs on U.S. goods and ease a transatlantic trade dispute over aircraft subsidies. The United States last week ...
Business Feb 12, 2020
Boeing Co. booked no new orders for airplanes last month, the first time it has come up empty-handed in January since 1962, as the U.S. plane-maker's once best-selling jet, the 737 Max, remained grounded following two fatal crashes. The airplane maker, struggling with a crisis ...
Business Feb 10, 2020
Airbus SE is in talks to buy out Bombardier Inc.'s stake in the A220 jetliner program, according to people familiar with the matter. The negotiations between the companies are at an advanced stage, said the people, who asked not to be identified because the talks ...
Business Jan 1, 2020
Airbus knocks ailing Boeing off top spot with 863 deliveries in 2019
Airbus has become the world's largest planemaker for the first time since 2011 after delivering a forecast-beating 863 aircraft in 2019, seizing the crown from embattled U.S. rival Boeing, airport and tracking sources said Wednesday. A reversal in the pecking order between the two giants ...
Business Dec 19, 2019
Airbus sees strong sales haul this year on Asia demand and long-range A321
Airbus is on course to end 2019 with a rise in its order backlog after netting more sales than deliveries across its major products, a senior executive said on Wednesday, thanks partly to strong demand in Asia. Airbus is expected to beat arch-rival Boeing in ...
Business Nov 19, 2019
Airbus dominates second day of Dubai show as Boeing wins Max order
Gulf airlines Emirates and Air Arabia spent a combined $30 billion at list prices on Airbus jetliners as the Dubai Airshow burst into life on Monday, while Boeing won a symbolic first official order for the 737 Max since its grounding in March. Emirates threw ...
Business Nov 18, 2019
Air Senegal nears tentative $730 million deal for Airbus A220s
Air Senegal is close to securing a preliminary order for eight Airbus SE A220-300 narrow-body jets, valued at about $732 million at list prices, according to people familiar with the matter. The so-called memorandum of understanding would be subject to a final contract, the people ...
Business Nov 14, 2019
Asian airlines scrub annual gathering in Hong Kong as violence escalates
A group of Asian airlines canceled an annual gathering of their executives next week due to the "unpredictability" of the situation in Hong Kong, they said late on Wednesday. Hong Kong anti-government protesters on Wednesday paralyzed parts of the Asian financial hub for a third ...
Business / Tech Oct 25, 2019
Software under scrutiny in spate of Airbus A220 engine failures
A U.S.-led investigation into a series of engine failures on Airbus's smallest jet, the A220, is studying whether a software change allowed unexpected vibrations that tore parts and forced three emergency landings, several people familiar with the case said. The airline Swiss halted its fleet ...