Agnes Pannier-Runacher speaks to the media at the Airbus delivery centre in Colomiers, France. 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.
His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Tuesday met Audrey Azoulay,
The Republic of Gabon on Monday agreed a landmark agreement at Expo 2020 Dubai to promote trade, investments and economic cooperation between African state and the Republic of India.
The total value of UAE’s non-oil trade over the past 50 years stood at Dhs18.3 trillion ($5 trillion), including Dhs11.8 trillion in imports, Dhs2.2 trillion in non-oil exports,