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Airbus restructuring will mean huge job cuts

29 Jun 2020

Airbus was finalising an imminent restructuring plan expected to include thousands of job cuts on Monday as its chief executive confirmed plans to hold output down by 40% for two...

Airbus Q1 core profit plunges as pandemic woes start to bite

29 Apr 2020

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...

Coronavirus pushes Airbus into Q1 loss

29 Apr 2020

European aviation giant Airbus plunged into the red in the first quarter as the coronavirus pandemic sparked "the gravest crisis the aerospace industry has ever known", it said on...

Airbus’ decision to slash jet production faces crucial test

10 Apr 2020

Airbus’ decision to cut output of its best-selling jet by a third amid coronavirus marks a huge shift for the European planemaker, which has enjoyed virtually unbroken growth since it...

Airbus to stop production at France and Spain plants

17 Mar 2020

Airbus is stopping production and assembly activities at its plants in France and Spain for the next four days as governments there implement new measures to restrict movements and fight...

US increasing tariffs on Airbus planes to 15 per cent

15 Feb 2020

The United States is increasing tariffs on Airbus planes imported from Europe to 15 per cent beginning March 18, authorities announced on Friday. The duties have been at 10 per...

China’s C919 single-aisle plane project runs behind schedule

10 Jan 2020

China’s attempt to challenge Boeing and Airbus has faltered. Development of China’s C919 single-aisle plane, already at least five years behind schedule, is going slower than expected. The state-owned Commercial...

Airbus sees strong sales, Asian demand for its major products

19 Dec 2019

Airbus is on course to end 2019 with a rise in its order backlog after netting more sales than deliveries across its major products, a senior executive said, thanks partly...

Qantas selects Airbus planes for world’s longest flights

13 Dec 2019

Australia’s Qantas Airways 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...

Airbus aims at delivering record number of planes to customers

10 Dec 2019

Airbus expected to hand over a record number of aircraft to customers in December to meet delivery goals, a company data showed, and is all but certain of winning an...

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