Page 16 - Airbus

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

Coronavirus-induced uncertainty shadows Airbus' dividend payment, forecasts

In 2019, Airbus, which employs a global workforce of 135,000, generated revenues of around 70 billion euros

Airports Authority of India to raise $300 mn to fund new infrastructure

The airport authority aims to spend a minimum of Rs 5,000 crore each year on the infrastructure in line with the government's announcement that 100 new airports will be developed in five years

India will require 1,880 passenger, cargo aircraft by 2038: Airbus

Airbus has assumed the Indian middle-class population will grow to 1 billion or 68% of the total population by 2038, as compared to the present 540 million

Airbus says India will require 1,880 new passenger, cargo aircraft by 2038

The 20-year traffic growth in the Indian aviation sector is pegged at 7.7%, almost twice the world average of 4.3%

Coronavirus impact: Airbus fails to win any new aircraft orders in February

However, Airbus had an unusually strong January and Boeing rebounded in February with a Japanese order for a dozen 787 wide-body jets

Delhi HC seeks response of Centre, DGCA, IndiGo, on grounding of A320neo

The plea has alleged that despite being aware of "significant technical issues with Airbus A320neo," neither MCA nor the DGCA have taken any concrete steps to ground these aircraft

Upbeat Rolls-Royce says it is finally getting over engine troubles

Rolls-Royce expects to deliver 450 of the wide-body engines in which it specializes this year

In-flight connectivity: WiFi at 40,000 feet moves a step closer to reality

For passengers, this alliance may change the entire airport experience

737 MAX grounding: As Boeing sits idle, Airbus can't make jets fast enough

Airbus has been unable to take advantage of the shortfall at Boeing partly because it can't build planes fast enough

Airbus says higher tariffs on EU planes will harm US airlines, consumers

The European planemaker said it would continue discussions with its US customers to 'mitigate effects of tariffs insofar as possible'

Tariff hike: Highlights of the 16-year-old Airbus, Boeing trade war

The World Trade Organization has found the world's two largest planemakers received billions of dollars of unfair subsidies in a pair of cases dating back to 2004

Airbus, Adani Defence join hands to explore aircraft services market

Airbus' global services forecast envisages the Indian aircraft services market to grow to $6.3 billion by 2025

AirAsia's deals with Airbus in focus as CEO Tony Fernandes steps aside

Chairman Kamarudin Meranun, too, relinquishes post temporarily over links to bribery scandal