Airbus will also establish its India Headquarters
It is a modular concept car consisting a four-wheeled rolling platform
Airbus said its bottom-line net profit plummeted by 63 per cent to 995 million euros
PARIS (Reuters) - Airbus will draw a line under two decades of M&A dealmaking and frenetic orders on Wednesday as it reports its first results since the European aerospace and defence group unified under its dominant planemaking arm last month.
Austria initially ordered 18 jets but then dropped the number to 15
Plan subject to firm winning the over Rs 2,000-crore Coast Guard contract for which it has pitched
Airbus has declined to comment ahead of an annual news conference on orders and deliveries on Jan 11
Emirates had said it was having some technical issues with Rolls-Royce engines for A380 jets
The company said almost half the jets would be for short to medium routes
State-run carrier Air India today said it has taken the delivery of its 19th Dreamliner aircraft and plans to induct one more this month.
The two deals follow an intense final flurry of negotiations between Iran and Western planemakers
Unions accuse Airbus of following 'financial logic' in cutting jobs at a time when its order book is worth nearly $1.05 trillion
Airbus has identified 780 posts in public affairs, legal, IT and other white-collar functions as surplus to requirements
Airbus needs US approval to sell planes to Iran because at least 10% of the aircraft's components are American-made
Europe's largest aerospace group will be renamed "Airbus" after its core planemaking brand under the shake-up
Boeing claimed the US could levy retaliatory duties against the European Union of up to $10 billion a year
Authority said it opened the investigation in July and asked anyone with relevant information to come forward
The move raises the possibility that aircraft firm could revert to losses on the double-decker jet
Produce at the Mahindra facility in Bengaluru & will be shipped directly to the Airbus productions line in Marignance, France
Airbus Group SE is in discussions with Go Airlines India regarding the purchase of about 70 A320neo planes worth around $7.5 billion at list prices, according to people familiar with the situation.An announcement could come as early as this week at the Farnborough Air Show in England, though talks may extend further into the year, said the people, who asked not to be identified because the negotiations are ongoing.GoAir is one of only three carriers that have begun operating the revamped Neo version of Airbus's single-aisle jet, so a follow-on order would provide a vote of confidence in a model that's been dogged by issues with its Pratt & Whitney turbines since last year. The Indian carrier is expanding its fleet in the world's fastest-growing major aviation market where at least seven other budget airlines operate.Air travel in India grew more than 20 per cent in 2015, compared with 10 per cent in China and less than 5 per cent in the US, the International Air Transport Associat