European Aeronautic Stock News

Planemakers Boeing and Airbus have halted supply of parts and support to Russian airlines as the effects of sanctions over Russia''s invasion of Ukraine ripple across the global aviation industry.

LONDON (Reuters) -British Airways owner IAG has experienced surface degradation on Airbus A350 jets but not to the same extent as Qatar Airways and it will not affect planned deliveries, its CEO said.

Airbus is the latest corporate giant to dump Russia, pledging on Wednesday to cease its support to the country’s aviation industry.

Dutch Airbus has announced that it is suspending the supply of spare parts and maintenance of its aircraft from Russian airlines.

Airbus Helicopters announced on Wednesday it had reached an agreement with France and Spain for its Tiger MkIII programme, including the upgrade of 42 combat helicopters for France and 18 for Spain, w

The European aerospace corporation Airbus SE announced on Wednesday that it has halted ventures on the engineering sites in the Russian Federation. "Airbus has suspended support services to Russian a…

CINCINNATI, March 2, 2022 /PRNewswire/ -- Belcan, LLC ("Belcan"), a global supplier of design, software, manufacturing, supply chain, information technology and digital engineering solutions to the aerospace, defense, space, government services, automotive and industrial markets, today…

CesiumAstro Inc, a startup that builds hardware and software for aerospace communications, said on Wednesday it has raised $60 million in funding from investors including Airbus Ventures and Kleiner P

US airplane manufacturer Boeing said it was suspending parts, maintenance, and technical support for Russian airlines as the effect of sanctions in the wake of Russia’s invasion of Ukraine ripple across the global aviation industry. The announcement late on Tuesday, March 1, came as aircraft and engine manufacturers, lessors , and maintenance, repair, and overhaul (MRO) providers with Russian clients face various EU and US bans, including on leasing planes, exporting new aircraft, and providing parts. There are also potential payment difficulties after some Russian banks were barred from the SWIFT international payments system . The new sanctions isolate Russia’s aviation sector in a similar way to Iran and North Korea but will have much larger consequences given the bigger size of the Russian market and its high dependence on Western suppliers in recent years. Russia accounted for around 6% of global air traffic capacity in 2021, according to aviation consulting firm IBA, up from around 4% in 2019 due to the strong relative performance of its domestic market during the pandemic.

Airbus said on Wednesday it had stopped sending spare parts to Russia and supporting Russian airlines, but was analysing whether its Moscow engineering centre could keep providing services to local cu

Major players in the market are Airbus SE, DJI Technology Co. Ltd, Flirtey, EHANG, Zipline, Uber Technologies Inc. , United Parcel Service of America Inc. , Alibaba Group Holding Ltd, Deutsche Post AG, Skycart, FedEx Corporation, Amazon, Wing Aviation LLC, Skycatch, Inc, JD. Major players in the market are Airbus SE, DJI Technology Co. Ltd, Flirtey, EHANG, Zipline, Uber Technologies Inc. , United Parcel Service of America Inc. , Alibaba Group Holding Ltd, Deutsche Post AG, Skycart, FedEx Corporation, Amazon, Wing Aviation LLC, Skycatch, Inc, JD.

The discovery of degrading paint made by Qatar Airways raised concerns over the safety of the planemaker’s jets. Airbus has reportedly filed a $220 million claim against Qatar Airways in damages for two undelivered A350 jets to the airline and recover millions of dollars worth of credits. The major turn of events in the dispute came […] (The post Airbus hits back at Qatar Airways with $220 million legal claim is from Doha News | Qatar .)

DUBLIN, Ireland, Feb. 28, 2022 (GLOBE NEWSWIRE) -- Griffin Global Asset Management (“Griffin”) is pleased to announce that Gonzalo Ramos, formerly of Airbus, has joined Griffin as Vice President.

By Choi Kyong-ae SEOUL, Feb. 28 (Yonhap) -- European aircraft maker Airbus expects a spike in demand for new aircraft from South Korea and other Asia-Pacific countries in the next two decades as cargo flights and passenger travels will rebound after a

Airbus ([[EADSF]], [[EADSY]]) says it is claiming damages of more than $220M from Qatar Airways, in an escalating legal dispute between the two companies.Airbus said in documents…