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...Indonesia’s TransNusa, partly owned by China Aircraft Leasing Group, is already operating two of Comac’s smaller ARJ21 aircraft....
...The head of Airbus has said the group “might need some support” from European governments for a new, multibillion-dollar commercial aircraft programme as it gears up for a successor to its best-selling A320...
CEO projects share of sales will double as companies integrate technology into operations
...This principle of “mutual dependence” allowed the group to cut duplication and costs....
...The European aerospace and defence group said adjusted operating profit rose 4 per cent to €5.8bn, while revenues for the year to the end of December increased 11 per cent to €65.4bn....
...Credit rating agencies have downgraded the group’s debt to junk status and warned of its poor liquidity amid high cash burn....
...Airbus chief executive Guillaume Faury said the European aerospace and defence group was trying to balance resurgent demand from airlines with a supply chain that was a “world of bottlenecks” with a “lot...
...The group is also expanding the international reach of its low-cost carrier Anadolu Jet....
...That creates a quandary for Airbus....
...Airbus has made an indicative offer worth up to €1.8bn for the cyber security business of Atos, as the French IT services group seeks to reduce its debt burden....
...The European aerospace and defence group said it received 2,319 gross orders and 2,094 net orders after allowing for cancellations to the end of December last year....
...Turkish Airlines is plotting a further expansion after it ordered in December more than 200 Airbus aircraft, while Pegasus is expecting to receive 68 single-aisle Airbus jets geared towards medium-haul flights...
...Elon Musk made Tesla the world’s most valuable carmaker and one of the “magnificent seven” US tech groups by outflanking incumbents in luxury EVs....
...An offer would place an enterprise value of between €1.5bn and €1.8bn on BDS, the French group’s big data and security unit, it said....
...The European group had been discussing the future of the operations after the Alaska Airlines incident, according to two people familiar with the situation. Airbus declined to comment on Friday....
...That worked out to nearly 12 per cent of group total. On a profit level, the card deal carries even more weight....
...At 127m, more than one and a half Airbus A380s, it is a prime example of the difficulties superyacht owners are facing....
...The region-wide Stoxx Europe 600 rose 0.3 per cent, with energy groups and rate-sensitive real estate stocks the best performers....
...EasyJet flies an all-Airbus fleet with CFM engines and expects to receive its aircraft on time over the rest of the year....
...It was spun out of Boeing in 2005 as the US group looked to shift fixed costs of its manufacturing facilities and labour to the variable cost of procuring parts from a supplier....
...Read more on Airbus here...
...Wood’s stock languishes around 142p — a painful 41 per cent below the final takeover price offered by Apollo a year ago before the private equity group got cold feet....
...Airbus is working with airports, airlines and energy groups on ways to scale up the infrastructure needed to make hydrogen fuel a reality, but executives have warned that a lack of green production of the...
...Guillaume Faury, Airbus chief executive, said the European aerospace and defence group was “monitoring very closely” what is coming out of the Alaska Airlines investigation....
...Under the plans group chief executive Guillaume Faury will relinquish his role as head of the planemaking business to Christian Scherer, current group chief commercial officer, according to two people briefed...
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