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 ...
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 ...
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 ...
Despite trade wars and tariffs, Trump insists U.S. is 'open for business'
President Donald Trump said Tuesday that he wants to avoid policies that make it difficult for other countries to do business with the United States — even as his administration has done precisely the opposite. Trump has imposed tariffs on billions of dollars in goods ...
U.S. boosts tariffs on Airbus planes as Trump talks of trade deal with EU
The United States is increasing tariffs on Airbus planes imported from Europe to 15 percent beginning March 18, authorities announced Friday. The duties have been at 10 percent since October, when Washington hit $7.5 billion in European products with tariffs. The announcement from the Office of ...
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 ...
Asia's biggest air show opens in Singapore Tuesday under the shadow of a deadly coronavirus outbreak that has prompted dozens of companies to withdraw and threatens to hammer the aviation industry. The biennial Singapore Airshow attracts hundreds of global aerospace firms and airlines to the ...
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 ...
Sri Lanka to probe aircraft deal after Airbus corruption settlement
Sri Lanka's president ordered a fresh investigation Sunday into a multi-billion dollar aircraft purchase involving the island's loss-making national carrier, days after Airbus settled corruption probes in Europe and the U.S. A French court on Friday approved a deal allowing Airbus to pay €3.6 billion ...
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 ...
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 ...
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 ...
