Page 17 - Airbus

AirAsia CEO Tony Fernandes, chairman quit over Airbus bribery scandal

Airbus said last week it had agreed to set aside up to 3.6 billion euros to settle a corruption probe by authorities in France, Britain and the United States

Delay by Airbus, P&W in aircraft delivery forces GoAir to suspend flights

Budget airline GoAir on Thursday said it is temporarily suspending some flights due to Airbus and Pratt & Whitney deferring delivery of planes and engines, respectively. In the last four weeks, the carrier said, it has gone through unplanned grounding of aircraft, which were supporting its current operation of fleet. "Now, we have been informed by our business partners Airbus and Pratt & Whitney of their inability to deliver previously promised aircraft and engines through March 9, 2020, that are required to support our current growth. "As a result, we have been forced to temporarily suspend certain flights that are part of our network, schedule and open for sale," it said in a statement. Specific details were not disclosed. Currently, the airline operates more than 325 daily flights and has around 60 planes in its fleet.

Airbus inks contract with Bengaluru-based startup for talent acquisition

Airbus has signed a contract with Bengaluru-based startup Traxof Technologies to automate the talent acquisition process for Airbus information management (IM) organisations in India and Europe. Traxof was a part of Airbus BizLabs startup acceleration programme Season 4. The startup was chosen after a rigorous boot camp and jury election, Airbus said in a statement on Monday. Traxofs cloud-based, automated desktop and mobile-based solution provides real-time visibility and monitoring of recruitment processes to support the planned ramp-up of IM resources, especially in India for Airbus digitalisation. The platform also allows the harmonisation of workflows of different stakeholders to optimise the process, it said. Traxof solves a real world problem that is shared by a wide range of our internal stakeholders with a simple off-the- shelf solution, chief information officer, Airbus India & South Asia, Carlo Nizam was quoted as saying. Founded in 2014, Traxof ...

Airbus pipped Boeing for top spot in 2019, exceeded aim with 863 deliveries

A reversal in the pecking order between the two giants had been expected as a crisis over Boeing's grounded 737 MAX drags into 2020

Airbus added to 'operational challenge': GoAir explains cancelled flights

The Wadia group-owned airline cancelled as many as 40 flights this week on account of shortage of staff and inclement weather

As Boeing halts 737 MAX production, Airbus can't make jets fast enough

Airbus said meeting the 135-plane December goal will be 'challenging'

Airbus selects India based Axiscades for fuselage, product development

Since its incubation in 2011, the engagement between the two partners have evolved to cater to increasingly crucial projects with the aerospace major, the release said

Plane trouble in India as Boeing suspends 737 Max production

Spicejet has the biggest orders of 737 Max planes, will need to re-evaluate its future expansion plans.

WTO rejects EU claims that it no longer provides subsidies to Airbus

A decision on retaliation rights for the EU in a parallel case on aid for Boeing is due next year.

GoAir sticks to Pratt & Whitney engines in 70 Airbus A320neo it has ordered

The selection gives a boost to the US engine firm, which lost out to rival manufacturer CFM International for IndiGo's 280 aircraft engine order in June

Dubai Airshow: Joy for Boeing as it receives orders for fifty 737 MAX jets

Global regulators banned commercial flights of Boeing's fastest-selling jet in March after two fatal accidents

Airbus beats Boeing with two mega deals on second day of Dubai Airshow

Emirati budget carrier Air Arabia said it would be purchasing 120 new Airbus planes in a deal worth $14 billion at list price

Emirates announces $16-billion deal to buy 50 Airbus 350s; delivery in 2023

Emirates serves a global network spanning over 158 destinations in 84 countries

Emirates launches world's shortest A380 flight between Dubai and Muscat

Interestigly, the distance between Dubai and Muscat is only 340km, which is shorter than the 500km long wiring on an an Airbus A380, Emirates said on its Twitter account

Airbus reshuffles supply chain management in China amid delays: Report

Staff have been told that Klaus Richter, chief procurement officer, is stepping down from his post at the Franco-German-led company to "pursue other professional challenges," source ssaid

Airbus bags flurry of orders in Asia as Boeing Max remains in revival mode

A big win for Airbus came last month, when Indian budget carrier IndiGo ordered 300 narrow-body aircraft in a deal worth more than $33 billion at list prices

IndiGo shares gain most since 2016 on $30-bn Airbus aircraft order

The stock is still below a record high of 1,898.85 rupees ($26.76) hit on Sept. 30, after slipping through October

IndiGo close to sealing 300 Airbus jets deal worth at least $33 bn: Report

IndiGo was putting the finishing touches to an order that would include Airbus's newest jet, a long-range version of the single-aisle A320 type called A321XLR

WTO approves US tariffs on $7.5 bn of EU goods in Airbus retaliation

The case began in 2004, when Washington accused Britain, France, Germany and Spain of providing illegal subsidies and grants to support the production of a range of Airbus products

Multiple cyber attacks on Airbus suppliers; possible link to China: Report

There have been four major attacks on Airbus in the last 12 months