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...The US company was the lead contractor, with Airbus as its junior partner....
...Munich Re chair Nikolaus von Bomhard and his BASF counterpart Kurt Bock were both previously the most senior operational executives at their respective groups....
...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...
...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....
...Development costs might end up nudging towards the $25bn Airbus spent on the massive, unsuccessful A380. Airbus might launch the new aircraft between 2035 and 2040....
...That creates a quandary for Airbus....
...contracts between the MoD and the Saudi Arabian National Guard for the installation and operation of Saudi military communications networks, delivered by GPT Special Project Management, a now-defunct unit of Airbus...
...The group is also expanding the international reach of its low-cost carrier Anadolu Jet....
...The Paris-based group, whose chair is former UniCredit chief executive Jean Pierre Mustier, said on Monday it had appointed a mediator to oversee refinancing negotiations with lenders....
...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....
...Recent deals to sell assets to Airbus and Křetínský have fallen apart as the company’s financial situation has deteriorated....
...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...
...Dubai-based Emirates airline has ruled out buying Airbus A350-1000 jets until durability issues on its Rolls-Royce engine are ironed out....
...A deal with Airbus would take time to finalise, however, since the parties only recently began due diligence....
...Airbus had delivered 559 aircraft by the end of October, leaving it with 161 planes to complete if it is to hit its target....
...FTSE 100 water group Pennon has agreed to buy SES Water, which supplies 750,000 customers in south east England, in a sign of continued appetite for UK water assets despite concerns over their performance...
...Airbus has enlisted the US defence group Northrop Grumman to bolster its bid for a share of a £6bn programme to build the next generation of communication satellites for the UK armed forces....
...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....
...Maria Laine, president of Boeing for the UK, Ireland and Nordics, said the US group chose Britain for the work as it offered “all the right ingredients”....
...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....
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