Page 15 - Airbus

Airbus to lose over $5 bn in orders under AirAsia X's restructuring scheme

Despite Airbus's objections, AAX's affidavit filed on Monday showed it supported a creditors' meeting needed to approve the scheme

Airbus to lose over $5 billion in orders under AirAsia X's proposed rejig

Aircraft manufacturer Airbus SE said it stands to lose more than $5 billion worth of aircraft orders if AirAsia X Bhd's debt restructuring scheme goes through, court documents showed

Europe to lift Boeing 737 MAX grounding in January, follows US action

European Union Aviation Safety Agency says 737 MAX was safe to fly after changes to the design of the jet that crashed twice in 2018 and 2019, killing 346 people.

BOC Aviation delivers first of four Airbus A321NEO aircraft to Indigo

BOC Aviation Ltd. has delivered the first of four new Airbus A321NEO aircraft on lease to IndiGo, an official statement said

A confident Virgin Atlantic to double down on Indian aviation market

The propensity to travel amongst Indians is going up as is their willingness to pay, says Alex Mcewan, Virgin Atlantic Country Manager-India

Airbus asks suppliers to prepare for production hike; keeps a foot on brake

Airbus, which must garner political and union support for 15,000 job cuts, has for weeks been giving mixed signals

Airbus reveals concepts of zero-emission plane; may enter service by 2035

The second concept is a turboprop design that can carry up to 100 passengers and is powered by hydrogen combustion in modified gas-turbine engines, the release stated

Civil aviation recovery to be faster due to market size: Airbus India Prez

India's civil aviation recovery would be much faster on the back of large market size, Airbus India President Remi Mail lard said

SpiceJet to induct its first Airbus A340 cargo aircraft in freighters fleet

With the latest induction, SpiceJet will have a dedicated fleet of nine freighter aircraft consisting of five Boeing 737s, three Bombardier Q-400s and one Airbus A340

US leaves tariff on Airbus unchanged at 15%, on other European goods at 25%

The United States declared itself in full compliance with WTO findings in May after Washington state abolished aerospace industry tax breaks that largely benefited Boeing.

Airbus H1 deliveries hit 16-year low despite bounce of 50% in June

Deliveries rose to 36 aircraft in June from 24 in May and a low of 14 in April

Airbus employees protest job cuts as firm plans to lay off 15,000 workers

Airbus has said a third of the 15,000 jobs are set to go in France included 3,378 in the southwestern city of Toulouse where it assembles wide-body jets and some smaller A320s

Airbus hints at compromise on job cuts in exchange for govt-funded schemes

France urged Airbus to make as few forced layoffs as possible, while French and German unions said compulsory cuts at the European planemaker were a "red line"

Covid-19 impact: Airbus to cut 15,000 jobs worldwide, mostly in Europe

Air traffic not expected to recover to pre-Covid levels before 2023 and potentially as late as 2025

Airbus CEO Faury sees production declining by 40% over the next two years

Airbus is assuming a 40% drop in production over the next two years due to the coronavirus crisis, Chief Executive Guillaume Faury was quoted as saying

Airbus extends furloughs in UK, Spain to tackle coronavirus fallout

In the United Kingdom, the period of furlough for about 2,200 Airbus workers will start on July 20 and end on August 9

Pak air crash: Airbus experts begin probe, inspect runway, traffic control

The team of experts from an Airbus facility in the French city of Toulouse reached Pakistan on Monday to carry out an independent probe into Friday's mishap

Airbus exploring restructuring plans, job cuts due to Covid-19: Report

For now, Airbus is relying on government-backed furlough schemes in France, Germany and Britain to reduce staff costs after earlier asking employees to take 10 days' leave

Covid-19 impact: Airbus warns staff of job cuts, says 'survival at stake'

Airbus is also in active discussions with European governments about tapping schemes to assist struggling industries, including state-guaranteed loans

Germany plans to buy Airbus and Boeing fighter jets, says report

Berlin is eager to balance European and American alliances via its military aircraft-buying scheme, but the decision to move ahead with the US purchases has angered some politicians