Airbus said Tuesday that its net profit in the first half year fell 46 percent to 825 million euros ($890 million), dragged down by a massive writedown in its space operations.
Both Boeing and Airbus have faced production snarls of key aircraft parts and a shortage of skilled workers coming out of the pandemic. Boeing's problems after the pandemic have been compounded by its
Airbus is drawing up a new turnaround plan for its Space Systems business, industry sources said, adding talks over potential European consolidation to fend off competition include Italy's Leonardo as
Airbus beat Boeing in the orders tally at last week's Farnborough Airshow. But orders were down from previous years amid supply-chain frustrations.
Boeing and Airbus announced big airplane deals during the Farnborough International Airshow. Boeing announced 118 orders and commitments valued at $17.1 billion, while Airbus covered 234 airplanes val

Airbus CEO says they are turning away customers

04:00am, Saturday, 27'th Jul 2024
Airbus CEO Guillaume Faury discusses supply-chain concerns, the planemaker's order backlog and demand for commercial aircraft. Speaking with Bloomberg's Guy Johnson at the Farnborough International Ai
Boeing's safety troubles and the Airbus scramble to ramp up production should have left a gap for smaller rivals to challenge their domination of the commercial airliner market.
Leonardo and France's Airbus are discussing ways to strengthen collaborations and industrial synergies, the chief executive of the Italian defence group said on Friday.
Today was a far better day for Airbus at the Farnborough International Airshow. The European planemaker announced some large orders, but Boeing is still at the lead.
Airbus announced plane deals with Japan Airlines and Virgin Atlantic at the Farnborough Airshow on Tuesday, while Qatar Airways held out the prospect of a "sizeable" order for wide-body jets around th

Airbus turning customers away as orders back up

07:47am, Tuesday, 23'rd Jul 2024
Airbus said that its order backlog is now so large that it is turning away customers, especially in the narrowbody or single-aisle short-haul space. Speaking at the Farnborough Airshow, chief executiv
Japan Airlines has ordered 20 Airbus A350-900 and 11 A321neo planes, Airbus's planemaking chief Christian Scherer said at the Farnborough Airshow on Tuesday.
Virgin Atlantic has ordered a further seven Airbus A330-900 planes, the airline said at the Farnborough Airshow on Tuesday.
The Farnborough Air Show generated deals at list prices worth £39.3 billion ($50.8 billion) across its first day, according to the event's organizers. Airbus performed a public display of its soon-to
Airbus CEO Guillaume Faury discusses supply-chain concerns, the planemaker's order backlog and demand for commercial aircraft. Speaking with Bloomberg's Guy Johnson at the Farnborough International Ai
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