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Airbus CEO Guillaume Faury has called for a return to a 1979 treaty between 33 nations that spared aircraft and parts from duties

Airbus urges a return to zero-tariff deal

The head of Europe's Airbus has called for a return to tariff-free trading for aerospace today, joining a chorus of US industry leaders seeking relief from a growing tariff war in which Airbus warned there could be "only losers".

Business • 01 May

Airbus says next jet 'evolutionary not revolutionary'

Airbus chief executive Guillaume Faury said today the planemaker's next single-aisle jet would be "evolutionary rather than revolutionary", but that this could include an open-rotor engine such as one being studied by supplier CFM.

Business • 25 Mar

Airbus, the world's largest planemaker, said adjusted operating profit fell by more than half to €814m in the quarter as revenue edged up to €15.995 billion

Airbus quarterly profit falls on costs and space charge

Europe's Airbus has unveiled sharply lower second-quarter profits today as the cost of investing in higher jetliner production, coupled with largely pre-announced charges in its Space Systems business, outweighed higher revenue.

Business • 31 Jul 24

Airbus cuts key targets and takes hefty Space charge

Airbus has softened its key industrial and financial targets and took a hefty €900m charge for its troubled space activities as Europe's largest aerospace group sought a clean slate approach to supply disruptions and commercial risks.

Business • 25 Jun 24

Airbus is riding a wave of orders from airlines coping with a rebound in travel demand from the Covid pandemic

Airbus plans special dividend, takes new space charge

Europe's Airbus has today unveiled a special dividend after posting higher 2023 results, buoyed by resurgent demand for jetliners and despite a fresh charge of €200m at its troubled Space business.

Business • 15 Feb 24

Airbus CEO Guillaume Faurysaid the planemaker had seen 'increased flexibility and capability' in its industrial system

Airbus lands record orders in 2023, beats Boeing

Airbus has reported record annual jet orders and confirmed an 11% rise in 2023 deliveries, maintaining the top manufacturing spot against rival Boeing for a fifth year.

Business • 12 Jan 24

Airbus said its revenues rose 13% to €58.763 billion, buoyed by higher deliveries compared to 2021 and a strong dollar

Airbus targets 720 plane deliveries in 2023

Airbus slowed the production ramp-up of its best-selling A320neo-family jet and targeted 2023 jet deliveries in line with its original estimate for last year as the world's largest planemaker bowed to industrial pressure on supplies.

Business • 16 Feb 23

Operating profit at Airbus soared to €4.865 billion from €1.706 billion a year earlier as revenue rose 4% to €52.149 billion

Airbus posts sharply higher core profit, pays dividend

Europe's Airbus has predicted 720 jetliner deliveries and higher profits in 2022 after core profit almost trebled last year on a partial recovery in air travel and higher defence and helicopter earnings.

Business • 17 Feb 22

Airbus plans to increase production of single-aisle medium-haul jets to 43 a month in the third quarter from a current rate of 40 a month

Airbus sticks with plan to raise jet output

Airbus has today confirmed plans to raise production of its most-sold jets as airlines begin an uneven recovery from the pandemic, despite setbacks in Europe and a rapidly worsening wave of infections in India.

Business • 29 Apr 21

Airbus has overtaken US rival Boeing to become the world's largest jetmaker

Airbus sees stable aircraft deliveries after 2020 loss

European planemaker Airbus restored key business targets after generating cash in the fourth quarter, but withheld a dividend as it posted a pandemic-driven loss for 2020 amid the industry's "most challenging crisis".

Business • 18 Feb 21

Airbus urges compromises on Brexit and tariffs

The head of European planemaker Airbus has called for an end to separate diplomatic squabbles over Britain's exit from the European Union and a transatlantic aircraft subsidy dispute that collectively overshadow its business.

Business • 15 Dec 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 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

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

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

Airbus CEO says chances of no-deal Brexit increasing

Airbus chief executive Guillaume Faury said today there was a growing risk Britain would leave the European Union without a withdrawal deal in a way that could damage the aerospace firm's performance next year.

Business • 19 Jun 19

New Airbus CEO Guillaume Faury, whose inbox includes Brexit, US President Donald Trump's trade threats and corruption investigations

Airbus enters new era with change of CEO

European aerospace giant Airbus today welcomed new CEO Guillaume Faury, whose inbox includes Brexit, US President Donald Trump's trade threats and corruption investigations.

Business • 10 Apr 19

Guillaume Faury