Emirati budget carrier Air Arabia said it would be purchasing 120 new Airbus planes in a deal worth $14 billion at list price
Emirates serves a global network spanning over 158 destinations in 84 countries
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
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
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
The stock is still below a record high of 1,898.85 rupees ($26.76) hit on Sept. 30, after slipping through October
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
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
There have been four major attacks on Airbus in the last 12 months
The Max has been grounded worldwide since March after a pair of crashes killed 346 people
Under the agreement, Airbus will offer its expertise in the areas of maintenance, engineering and supply chain management
The deal takes to 78 the total number of A330neo ordered by AirAsia X
If the numbers hold throughout the year, Airbus could replace Boeing as the world's largest aircraft maker
A wing-crack debacle in 2012 cost Airbus millions of euros in repair and service costs.
Airbus will start making a new single-aisle long-range jet, beating rival Boeing to the market in this category. The European plane maker launched the A321XLR jet Monday at the Paris Air Show, saying it will be ready for customers in 2023 and will fly up to 4,700 miles (7,560 kilometers). Chief salesman Christian Scherer would not say how much the plane would cost to develop, but said it would be significantly less than building a whole new plane because it is an upgraded version of the existing A321. It was the biggest new plane announcement expected at the Paris Air Show gathering of aviation industry powerhouses. Boeing is considering whether to build a new jet the concept is dubbed New Midsize Airplane, or NMA that would be close in size to the A321XLR. It would fill a gap in the Boeing lineup between the smaller 737 and the larger 777 and 787. Right after the launch, Los Angeles-based Air Lease Corporation signed a letter of intent to buy 27 of the new Airbus planes.
Airbus is close to signing a deal to sell A330neo jets to Virgin Atlantic
According to the ED, the terms and conditions approved by the then Cabinet Committee on Security to purchase aircraft were deleted and a new condition was added in the purchase agreement with Airbus
The world's largest planemaker is using its accelerator programme BizLab to support start-ups in areas such as artificial intelligence, data analytics, drones and cybersecurity
In late March, Germany extended the ban on arms exports to Saudi Arabia until the end of September, with a few exceptions
It conducts a wide-ranging internal crackdown and deals with outside fraud probes