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Airbus said it had delivered 39 jets in August, down from 49 a month earlier and slightly below the 41 in August last year

Airbus jet deliveries slip in August

Airbus deliveries slipped in August, slowing its recovery from the coronavirus demand meltdown, but the European planemaker remained well in front of its beleaguered US rival Boeing, which reported new production headaches.

Business • 09 Sep 20

Airbus CEO Guillaume Faury said the company's recovery will be long and slow

Airbus quarterly loss worse than expected

Europe's Airbus has today announced a new cut in production of its A350 jet as it swung to a larger-than-expected second-quarter loss in the face of global pandemic.

Business • 30 Jul 20

Airbus said it had agreed to pay higher interest rates on government loans it received from France and Spain to help develop its A350 jet

Airbus offers final concession to ease jet subsidy row

European planemaker Airbus has today made what it described as a final step aimed at halting a transatlantic trade war over billions of dollars of aircraft subsidies.

Business • 24 Jul 20

Rolls-Royce makes engines for the Boeing 787 and Airbus 350

Rolls-Royce posts cash outflow of £3 billion in H1

Aerospace engineer Rolls-Royce said it had burned through £3 billion in its first half as the hours flown by its engines halved due to the Covid-19 pandemic.

Business • 09 Jul 20

Airbus wants to cut 15,000 jobs in Europe in a restructuring after a 40% slump in its €55 billion jet business

Airbus, Air France told to minimise job cuts

France has urged Airbus and flag carrier Air France to make as few forced layoffs as possible under their plans to cut thousands of jobs.

Business • 01 Jul 20

Airbus said the move is subject to talks with unions

Airbus to cut 15,000 jobs to survive Covid crisis

Airbus is to cut 15,000 jobs across its global operations as a result of the coronavirus crisis.

Business • 30 Jun 20

Airbus is assuming a 40% drop in production over the next two years due to Covid-19

Airbus sees production down 40% over the next two years

Airbus is assuming a 40% drop in production over the next two years due to the coronavirus crisis, its chief executive Guillaume Faury was quoted today as saying.

Business • 29 Jun 20

EasyJet is not expecting travel demand to recover to its pre-coronavirus levels until 2023

EasyJet pushes back new aircraft to 2025

EasyJet said it had pushed back the delivery of 24 aircraft to between 2025 and 2027 and secured additional flexibility on orders from planemaker Airbus as part of its planning for a smaller travel market.

Business • 16 Jun 20

France has today launched a €15 billion rescue plan for its aerospace industry

France presents aid package to save aerospace industry

France has today launched what it said was a €15 billion rescue plan for its aerospace industry, warning 100,000 jobs were directly at stake due to the coronavirus crisis travel slump.

Business • 09 Jun 20

Having founded EasyJet in 1995, Stelios Haji-Ioannou, quit the board in 2010 and voted against buying new planes in 2013

EasyJet founder fails to oust management

EasyJet said founder Stelios Haji-Ioannou had failed in his attempt to oust key management including the CEO Johan Lundgren.

Business • 22 May 20

Qantas has said it was reviewing its fleet with the expectation that most international travel could take years to rebound

Qantas pauses plane deliveries from Airbus, Boeing

Qantas Airways said today that it had advised Airbus and Boeing that it did not expect to take delivery of any new planes in the near term as it grapples with a plunge in demand due to the coronavirus pandemic.

Business • 11 May 20

Airbus CEO Guillaume Faury said that all 'nature of costs' are being reviewed at the planemaker

Airbus Q1 profit plunges 49% as Covid-19 starts to bite

Planemaker Airbus has today posted a 49% slump in first-quarter adjusted operating profit to €281m as revenue dropped 15% to €10.631 billion amid the "gravest crisis the aerospace industry has ever known".

Business • 29 Apr 20

Airbus has told its 135,000 employees to brace for potentially deeper job cuts

Airbus 'survival at stake', Boeing eyes slow rebound

European planemaker Airbus has issued a bleak assessment of the impact of the coronavirus crisis, telling its 135,000 employees to brace for potentially deeper job cuts and warning its survival is at stake without immediate action.

Business • 27 Apr 20

French unions said they would fight for the plant

Airbus scotches plans for assembly line

Airbus has shelved plans to create a new assembly line in Toulouse, France, for its A321 airliner as the company wrestles with the coronavirus crisis.

Business • 10 Apr 20

Stelios Haji-Ioannou is EasyJet's founder and biggest shareholder

EasyJet founder steps up battle over Airbus order

Stelios Haji-Ioannou, EasyJet's founder and biggest shareholder, today intensified his battle with the airline's management over a huge aircraft order with Airbus which he says it should cancel.

Business • 06 Apr 20

Airbus said it was withdrawing its 2020 financial guidance

Airbus signs credit facility for €15 billion

Planemaker Airbus has announced new steps to bolster its financial position as a coronavirus pandemic cripples the travel industry, including the signing of a credit facility for €15 billion.

Business • 23 Mar 20

The A321 Neo LR long range-aircraft resumes services from Shannon to New York today after a month long winter break in service

New Aer Lingus plane for Shannon-New York route

The Aer Lingus Shannon service to New York returns today with a new more fuel efficient aircraft with reduced fuel needs, a quieter engine and cheaper landing charges as a result.

Business • 13 Feb 20

Qantas has selected the Airbus SEA350-1000 as the preferred plane to launch the Sydney-London flights in the first half of 2023

Qantas eyes new pilot group if no deal on Sydney-London

Australia's Qantas Airways told pilots today that if it could not reach a pay deal soon covering the world's longest commercial flights from Sydney to London, it would form a lower-cost employment entity.

Business • 13 Feb 20

Airbus said its deliveries from an overseas assembly plant in China had been halted amid the coronavirus outbreak

Airbus posts strong January orders, delivers 31 jets

Airbus posted its biggest January order haul in at least 15 years as it booked a major leasing order that has been in the pipeline for several months, and carried out 31 aircraft deliveries.

Business • 07 Feb 20

Tony Fernandes and AirAsia chairman Kamarudin Meranun have stepped aside while an investigation gets underway

AirAsia CEO steps aside amid bribery probe

AirAsia's colourful chief executive Tony Fernandes has stepped aside from the company while authorities probe unusual payments at the Malaysian carrier, as the fallout from a $4 billion bribery fine at Airbus reverberates across the industry.

Business • 04 Feb 20

Airbus has been investigated by French and British authorities for suspected corruption over jet sales dating back over a decade

Airbus agrees to settle corruption probes

Airbus has agreed in principle to a settlement with French, British and US authorities over an investigation into allegations of bribery and corruption, it said today.

Business • 28 Jan 20

Qantas CEO Alan Joyce said the Airbus A350 is 'a fantastic aircraft'

Qantas selects Airbus for world's longest flights

Australia's Qantas Airways has picked Airbus over Boeing as the preferred supplier for jets capable of the world's longest commercial flights from Sydney to London, dealing the US planemaker its latest setback this year.

Business • 13 Dec 19

Boeing yesterday secured the first firm order for its 737 MAX plans since the aircraft was grounded from Turkey's SunExpress

Boeing bags business for troubled 737 MAX at Dubai show

Boeing's troubled 737 MAX aircraft won another boost today, as Air Astana said it planned to buy 30 of the planes a day after SunExpress of Turkey ordered 10 of the jets, which were grounded in March.

Business • 19 Nov 19

Emirates Airline and Air Arabia sign big orders for new Airbus planes

Airbus beats Boeing with 2 mega deals at Dubai air show

Airbus signed two mammoth orders for its A320 and A350 aircraft worth $30 billion at Dubai's air show today, with Boeing managing only a $1.2 billion sale of its troubled 737 MAX.

Business • 18 Nov 19

IndiGo places record order for 300 Airbus planes

Indian budget carrier IndiGo has placed an order for 300 Airbus A320 neo-family jets worth at least $33 billion at recent catalogue prices.

Business • 29 Oct 19