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.
French aero engine maker Safran outpaced revenue growth plans in the first quarter and stuck to its goals for the year despite the grounding of the Boeing 737 MAX, sending its shares higher on Friday. Safran said its CFM International joint venture with General Electric continues to deliver LEAP engines to Boeing
Bombardier put its Belfast wing-making factory on the block as part of a wider shake-up, while the plane and train maker’s reluctance to say it would meet 2020 goals sent shares lower. The Canadian company said it would unite its corporate and regional jet units,
Norwegian Air filled more seats on its planes and earned higher revenues per customer in April while dealing with the grounding of its 18 Boeing 737 MAX aircraft, it said, sending the company’s shares sharply higher in early trade. The company said last month that the global grounding of 737 MAX jets,
The company did not indicate when it first became aware of the problem, and whether it informed regulators.
United Airlines is canceling more than 2,400 flights during the busy summer travel season as Boeing’s 737 Max jets remain grounded. Chicago-based United Airlines had already pulled flights on the 737 Max
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.
Boeing Co engineers are reducing the scope and duration of certain costly physical tests used to certify the planemaker’s new aircraft, according to industry sources and regulatory officials.
Boeing won a major vote of confidence at the Paris Airshow on Tuesday as British Airways owner IAG signed a letter of intent to buy 200 of its 737 MAX aircraft that have been grounded since March after two deadly crashes.
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