AirAsia's court settlement may have negative consequences for Airbus. Reuters
Revenues fell 15.2 per cent to 10.6 billion euros, reflecting a "market environment strongly impacted" by the pandemic, "particularly in commercial aircraft", Airbus said in a statement.
Airbus on Wednesday posted a 49% slump in first-quarter core profit and called for an industry-wide campaign to restore confidence in flying after the coronavirus pandemic triggered the “gravest crisis the aerospace industry has ever known”.
Battered by the coronavirus pandemic, Airbus announced last month that it must eliminate 15,000 jobs, or more than 10% of its global workforce, to safeguard its future and warned of more thin years ahead.
The EU regretted on Thursday the US decision to slap more tariffs on French and German products as part of spat over aircraft manufacturers Airbus and Boeing. Brussels complained that Washington had “unilaterally” disrupted ongoing talks
As part of its mission to power e-mobility, ABB will be showcasing its all-in-one Electric Vehicle (EV) charger at Expo 2020 Dubai, coinciding with the company’s ABB Day celebrations on Dec.13. Making its public debut in the Middle East, visitors to
How the world will be able to help the heart that bears life from its beginning fulfil her mission, was discussed on Monday evening, when the regional office of a US pharmaceutical company, into the promotion of the health and wellness as well
Highlighting the emergence of Ladakh as the key producer of Pashmina, a valuable wool, and apricot, young entrepreneurs from the region came together for a session at the India Pavilion, Expo 2020 Dubai. Organised by the Administration of
The Expo Centre Sharjah (ECS) discussed with the Islamic Centre for Development of Trade (ICDT) means of developing joint work in the field of economic exhibitions and conferences and enhancing bilateral co-operation to develop trade and