Guillaume Faury and Mahathir Mohamad at the deal signing ceremony in Kuala Lumpur. Agence France-Presse
PARIS: Airbus on Wednesday posted stronger-than-expected core second-quarter earnings, led by the switch to efficient new single-aisle jets, and maintained its profit forecast for the year while warning of delivery challenges in the second half. Europe’s largest aerospace group said second-quarter adjusted
TOULOUSE: Airbus sales chief Christian Scherer said it is selling longer-range versions of its A321, while signalling a shift away from chasing market share at any cost and predicting Boeing will emerge quickly from the grounding of its rival 737 MAX.
Airbus sealed deals with big name buyers for its latest passenger jet at the Paris Airshow on Wednesday, battling back from the potential loss of a major customer a day earlier when IAG placed a lifeline order for Boeing’s grounded 737 MAX jet. Indigo Partners, the private equity firm of veteran low-cost
JetBlue Airways Corp is in discussions with Airbus SE about the European planemaker’s plans for a longer-range version of its A321neo family as it prepares to jump into the transatlantic market, Chief Executive Robin Hayes said on Monday.
Sharjah Commerce and Tourism Development Authority (SCTDA) in cooperation with several government and private agencies and institutions in the emirate has launched a regulatory framework
Saudi energy company Aramco said Sunday its profits jumped 90 per cent in the second quarter compared to the same time last year, helping its half-year earnings reach nearly $88 billion.
Ahmed Mahboob Musabih, Director General of Dubai Customs, CEO of Ports, Customs and Free Zone Corporation received a high level Tanzanian delegation