Jun 15, 2021 06:35 PM IST
In March, weeks after Biden had taken office, the two sides agreed to suspend the tariffs. That suspension started on March 11 for four months. The new agreement will officially go into effect on July 11.
- Mar 04, 2021 06:43 PM IST
"The United Kingdom and the United States are undertaking a four-month tariff suspension to ease the burden on industry and take a bold, joint step towards resolving the longest running disputes at the World Trade Organization," a joint statement said.
- Mar 01, 2021 03:13 PM IST
The Union Minister had said he is 'pursuing' Airbus to make aircraft in India. For the European major that's an opportunity it shouldn't lose
- Feb 28, 2021 08:38 AM IST
Narrating an experience from his childhood about a toy setup for planes that influenced him aspire to become a toy manufacturer, the minister said, "It is another matter that I don't think I will be able to do it, but I'm actively pursuing Airbus to try and get them to come to India to start manufacturing aeroplanes in India".
- Feb 25, 2021 02:53 PM IST
With more than 130 airlines around the world already connected to Skywise, the platform is playing a very important part in enabling and accelerating digital transformation of the aviation sector as a whole, according to an LTTS statement.
- Feb 18, 2021 02:59 PM IST
That was a slight improvement over the previous year's bottom-line loss of 1.4 billion euros, when Airbus was hit with a huge fine of 3.6 billion euros in a corruption scandal.
- Feb 05, 2021 09:30 AM IST
Indian airlines are currently carrying 60 per cent of the total pre-COVID domestic passengers and this is better than most countries in the world, he said in an interview to PTI.
- Feb 04, 2021 04:58 PM IST
Under the MoU, both Airbus and Flytech Aviation Academy will work toward providing best-in-class training to budding drone pilots, ensuring the highest standards of safety and quality.
- Feb 04, 2021 01:20 PM IST
Airbus and GMR Group will team up to explore potential synergies in several strategic areas of aviation services, including maintenance, components, training, digital and airport services, an Airbus statement said.
- Jan 20, 2021 09:00 PM IST
Trump imposed 25-percent tariffs on wine, cheese, olives and other European specialities in a battle over subsidies to aerospace giant Airbus.
- Jan 09, 2021 05:58 PM IST
Asked about the output plans at a news conference on annual deliveries, Chief Executive Guillaume Faury said current plans pointed to an increase in the second half of the year, but noted "a lot of uncertainties" because of the coronavirus crisis.
- Oct 13, 2020 09:07 PM IST
The state of Washington has since moved to repeal tax breaks that benefited Boeing, while Airbus has announced it will increase loan repayments for the A350 plane to France and Spain in bids to settle the matter.
- Sep 21, 2020 05:02 PM IST
European plane maker Airbus has unveiled three concepts for the world’s first zero-emission commercial aircraft. These concepts rely on hydrogen as a primary power source, promising clean aviation fuel as a solution for aerospace and many other industries to meet their climate-neutral targets
- Sep 14, 2020 10:50 PM IST
Airbus has repeatedly warned that the outlook is uncertain as the industry's worst crisis hits aircraft deliveries and severely weakens airline finances.
- Aug 29, 2020 03:31 PM IST
GoAir, which is also due to replace the engines, is unlikely to complete the process in time.
- Jul 01, 2020 07:35 AM IST
“With air traffic not expected to recover to pre-COVID levels before 2023 and potentially as late as 2025, Airbus now needs to take additional measures,” the company said in a statement.
- Jun 19, 2020 04:37 PM IST
Though popular, Airbus could never make money on this $25 billion project
- Jun 09, 2020 02:53 PM IST
The disruption has forced Aequs, which manufactures components for Airbus and Boeing, to cut production by up to 40 percent
- Jun 05, 2020 10:40 AM IST
Stanley who has an MBA from the University of Virginia-Darden in the US, graduated with a Bachelors of Engineering from Andhra University and got a postgraduate degree from IMI-Delhi.
- May 15, 2020 09:51 AM IST
Chief Executive Guillaume Faury told Airbus bosses to “face reality” in a briefing on Thursday on the crisis, which has idled an estimated 14,000 jetliners or two thirds of the global fleet and left manufacturers and airlines battling to save cash.
- May 14, 2020 09:20 PM IST
Chief Executive Guillaume Faury told Airbus bosses to "face reality" in a briefing on the crisis, which has left an estimated 14,000 aircraft or two thirds of the global airliner fleet idle and manufacturers and airlines battling to save cash.
- Apr 29, 2020 12:50 PM IST
Even after virus-related travel restrictions eventually ease, Chief Executive Guillaume Faury acknowledged it will take a long time to persuade customers to get back on planes. Just how long, he can’t predict.
- Apr 29, 2020 11:38 AM IST
Reuters last week reported Airbus has put six jets up for sale after giving up on AirAsia taking delivery of them, according to sources familiar with the matter.
- Apr 21, 2020 07:53 AM IST
Like other airlines looking to save cash amid lockdowns and travel bans that have crippled their business, AirAsia has said it doesn’t need any more aircraft this year.
- Mar 17, 2020 02:18 PM IST
The move appears to mark the most serious across-the-board disruption in Airbus production since a strike at then British partner BAE Systems in 1989, apart from problems with individual programmes like the Airbus A380 or A400M military aircraft.