Airbus ramped up its jet production targets on Thursday, backing signs of global recovery and strengthening its hand ahead of talks with suppliers about how to share investments needed to lift aviation out of its pandemic doldrums.
The United States and the European Union have agreed a truce in their near 17-year conflict over aircraft subsidies, suspending for five years one set of Trump-era tariffs which had soured relations between them.
At Airbus’ pre-pandemic list prices, the order would exceed $15 billion, although major deals typically see manufacturers offer significant discounts to buyers. The company did not provide any details on the sale price.
On the fourth day of the Dubai Airshow 2021, the Ministry of Defence announced the conclusion of seven deals worth more than Dhs1.742 billion with local and international companies.
Airbus Secure Land Communications is showcasing its portfolio of modern hybrid communication and collaboration solutions for smart airports at Dubai Airshow 2021, taking place from the Nov.14 to the 18.
The dispute has led to the grounding of 21 planes out of 53 A350s operated by Qatar Airways and cast a pall over the airline's preparations for the World Cup later this year.
Four Chinese airlines said on Friday they will buy a total of 292 planes from Airbus in a $37 billion windfall for the aviation giant, as the industry rebuilds after the coronavirus pandemic.
Airbus on Monday confirmed slower deliveries in July as a supply crunch left semi-finished jets outside its factories without engines, but bolstered its future business with confirmation