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WTO says tax break for Boeing's 777X jetlineer was a prohibited subsidy

WTO rules against tax break for Boeing 777X jet

The World Trade Organisation has ruled that a tax break from Washington state to help Boeing develop its new 777X jetliner was a prohibited subsidy.

Business • 28 Nov 16

Airline, cars and IT outsourcing industries in shock after Trump win

Trump win shocks companies reliant on open trade

Donald Trump's victory in the US election sent shockwaves through industries that rely on open trade, from airlines to cars and IT outsourcing.

Business • 09 Nov 16

Airbus said its third quarter revenues fell 1% to €13.95 billion

Switch to new models hits Airbus Group profit

Airbus Group today posted lower than expected third-quarter profits led by a faltering performance in its core commercial jet division and continued weakness in the commercial helicopter market.

Business • 26 Oct 16

Deals worth $35 billion (€31.6 billion) for 279 aircraft were secured by Airbus at the event in the UK

Airbus records more orders than Boeing at show

Airbus beat rival Boeing in the battle to record the most orders at Farnborough International Airshow.

Business • 15 Jul 16

EgyptAir Flight MS804 went down into the eastern Mediterranean Sea en route from Paris to Cairo on 19 May

Data recorder from crashed EgyptAir plane repaired

Egyptian investigators said tonight that the flight data recorder of crashed EgyptAir flight MS804 has been successfully repaired.

News • 27 Jun 16

66 people were travelling on the Airbus A320 from Paris to Cairo (File picture)

French navy to carry out search for EgyptAir plane

A French naval vessel has been sent to the eastern Mediterranean to join the hunt for black boxes from a crashed EgyptAir jet, equipped with three specialist probes from a French company recruited to accelerate the search.

News • 27 May 16

Airbus wrote to UK employees today to warn of the consequences of the UK leaving the European Union

Airbus warns UK employees on cost of Brexit

European planemaker Airbus Group said its future investment in Britain could depend on whether the country remains in the European Union, in a warning to its British employees ahead of a vote on June 23.

Business • 04 Apr 16

Demand for the current generation of jetliners is declining as new models enter the market

Airbus U-turn on plans to cut production of A330

Airbus Group performed a partial U-turn on plans to cut production of its profitable A330 aircraft today, easing the delicate transition to a newer model as it posted 2015 profits in line with expectations.

Business • 24 Feb 16

Airline savings from low fuel costs are being eroded by hedging losses and a strong dollar

Airbus, Boeing win billion-dollar deals in Asia

Airbus and Boeing announced billion-dollar deals at Asia's largest airshow in Singapore today, underscoring the region's role as a driver of industry growth despite greater caution among plane buyers.

Business • 17 Feb 16

Airbus is to raise production of the A320 jet family to a record of 60 airplanes a month in 2019

Airbus announces production increase

Airbus Group announced a 20% hike in production of its most popular jet and dismissed growing nerves about the health of the jet market as it reported better-than-expected third quarter results, driven by its main plane-making division.

Business • 30 Oct 15

The development of Bombardier's CSeries jet has been rocky

Airbus, Bombardier end talks over CSeries jet

Airbus has called off talks with Bombardier over propping up the troubled CSeries jet.

Business • 07 Oct 15

Airbus won orders for 382 aircraft in the first six months of the year

Airbus leads Boeing on first-half orders

European planemaker Airbus beat its US rival Boeing on orders in the first half of this year, after a tight contest at last month's Paris Airshow, but remained behind on deliveries.

Business • 07 Jul 15

German national soccer team players observe a minute of silence for the victims of the Flight 4U 9525

Police search home of pilot who crashed plane

Prosecutors in the German city of Düsseldorf have searched the homes of 28-year-old Andreas Lubitz, who is believed to have deliberately crashed Germanwings flight 4U 9525 into the French Alps on Tuesday.

News • 27 Mar 15

French Interior Minister Bernard Cazeneuve arrives near the crash site

Initial analysis of Alps black box expected soon

Helicopters began airlifting the remains of the victims of a Germanwings plane crash from the disaster site in the French Alps late this afternoon, a source close to the investigation has said.

News • 26 Mar 15

The Airbus A320 jet was operated by Lufthansa budget division Germanwings

Lufthansa shares fall after plane crash

Shares in German airline Lufthansa fell after a Germanwings plane crashed in the French Alps, with 150 people on board.

Business • 24 Mar 15

Profit was down in the quarter but 16% higher in the first nine months of the year as a whole

Airbus profits fall 41% in third quarter

European aerospace giant Airbus said its profits had nearly halved in the third quarter, as it ran into headwinds from adverse foreign exchange moves.

Business • 14 Nov 14

EasyJet to buy 27 new planes from Airbus

EasyJet raises dividend ratio, buys more planes

Budget airline EasyJet said it would lift its payout ratio to 40% next year and also said it had reached agreement with Airbus to add 27 planes to its fleet.

Business • 18 Sep 14

SMBC Aviation Capital is to buy 110 Airbus A320neo aircraft

SMBC Aviation to buy 115 Airbus aircraft

Dublin-headquartered SMBC Aviation Capital is to buy 115 aircraft from Airbus, in a deal with a list value of $11.8bn.

Business • 15 Jul 14

EADS plans to cut 5,800 jobs from its workforce

EADS under fire over job cuts in defence shake-up

Airbus parent EADS came under fire today from shareholders over plans to cut 5,800 jobs.

Business • 10 Dec 13

Boeing's new deal with Mubadala for Abu Dhabi to supply $2.5 billion in advanced composites and machine metals

Airbus and Boeing sign Gulf supplies deals

Airbus and Boeing have signed deals to buy some $5 billion of parts and materials from Abu Dhabi today.

Business • 18 Nov 13

Eruption of Iceland's Eyjafjallajokull volcano shut down much of Europe's airspace for six days in 2010

EasyJet, Airbus team create man-made ash cloud

The world's first man-made ash cloud has been created by a team led by EasyJet and Airbus to test how passenger aircraft cope with volcanic blasts.

Business • 13 Nov 13

Japan Airlines orders 31 A350 jets from Airbus

Airbus wins order for 31 jets with Japan Airlines

Airbus announced its first jet order from Japan Airlines today, breaking open the last major aviation market dominated by rival Boeing

Business • 07 Oct 13

EADS raise 2013 order target for its core Airbus unit by 25%

EADS to change its name to Airbus

Europe's EADS today confirmed plans to reorganise in three divisions and change its name to Airbus.

Business • 31 Jul 13

British Airways' new Airbus A380 next to the airline's smallest craft, the A318

BA's double-decker jet stops off in Shannon

British Airways’ new Airbus A380 has flown into Shannon Airport ahead of its use on a number of long-haul routes from September.

Business • 30 Jul 13

Airbus claims its A350 is more fuel-efficient and cheaper to run than Boeing's 787 Dreamliner

New Airbus passenger jet completes maiden flight

Europe's newest jetliner, the Airbus A350, has successfully began its maiden flight, stepping up a battle with arch-rival Boeing for sales of a new generation of sleek, lightweight passenger planes.

Business • 14 Jun 13

Airbus