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  • EU, US reach deal to end Airbus-Boeing trade dispute over subsidies Jun 15, 2021 06:35 PM IST

    EU, US reach deal to end Airbus-Boeing trade dispute over subsidies

    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.

  • US, UK suspend tariffs and seek aircraft row resolution Mar 04, 2021 06:43 PM IST

    US, UK suspend tariffs and seek aircraft row resolution

    "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.

  • In Piyush Goyal's pursuit, Airbus has an opportunity Vs Boeing Mar 01, 2021 03:13 PM IST

    In Piyush Goyal's pursuit, Airbus has an opportunity Vs Boeing

    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

  • Actively pursuing Airbus to begin manufacturing aeroplanes in India: Piyush Goyal Feb 28, 2021 08:38 AM IST

    Actively pursuing Airbus to begin manufacturing aeroplanes in India: Piyush Goyal

    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".

  • L&T Technology Services selected by Airbus for Skywise Partner Programme Feb 25, 2021 02:53 PM IST

    L&T Technology Services selected by Airbus for Skywise Partner Programme

    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.

  • Airbus books 1.1-billion-euro loss in 2020 in wake of COVID-19 Feb 18, 2021 02:59 PM IST

    Airbus books 1.1-billion-euro loss in 2020 in wake of COVID-19

    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.

  • Seeing positive signs, but Indian aviation sector still in eye of storm: Airbus India president Feb 05, 2021 09:30 AM IST

    Seeing positive signs, but Indian aviation sector still in eye of storm: Airbus India president

    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.

  • Airbus partners with Flytech Aviation Academy to train drone pilots in India Feb 04, 2021 04:58 PM IST

    Airbus partners with Flytech Aviation Academy to train drone pilots in India

    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.

  • Airbus signs MoU with GMR Group to collaborate on aviation services in India Feb 04, 2021 01:20 PM IST

    Airbus signs MoU with GMR Group to collaborate on aviation services in India

    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.

  • UK misses Donald Trump deal in Airbus-Boeing tariffs dispute Jan 20, 2021 09:00 PM IST

    UK misses Donald Trump deal in Airbus-Boeing tariffs dispute

    Trump imposed 25-percent tariffs on wine, cheese, olives and other European specialities in a battle over subsidies to aerospace giant Airbus.

  • Airbus backs jet output target amid supplier concerns Jan 09, 2021 05:58 PM IST

    Airbus backs jet output target amid supplier concerns

    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.

  • European Union wins OK for tariffs on $4 billion in US imports over Boeing subsidies Oct 13, 2020 09:07 PM IST

    European Union wins OK for tariffs on $4 billion in US imports over Boeing subsidies

    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.

  • Zero Emission Day 2020 | Airbus unveils three concepts of world's first zero-emission commercial aircraft Sep 21, 2020 05:02 PM IST

    Zero Emission Day 2020 | Airbus unveils three concepts of world's first zero-emission commercial aircraft

    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

  • Airbus CEO Guillaume Faury warns of compulsory layoffs as airline crisis deepens Sep 14, 2020 10:50 PM IST

    Airbus CEO Guillaume Faury warns of compulsory layoffs as airline crisis deepens

    Airbus has repeatedly warned that the outlook is uncertain as the industry's worst crisis hits aircraft deliveries and severely weakens airline finances.

  • IndiGo completes replacement of Pratt & Whitney engines in Airbus A320neo fleet: Report Aug 29, 2020 03:31 PM IST

    IndiGo completes replacement of Pratt & Whitney engines in Airbus A320neo fleet: Report

    GoAir, which is also due to replace the engines, is unlikely to complete the process in time.

  • Airbus shedding 15,000 jobs, mostly in Europe Jul 01, 2020 07:35 AM IST

    Airbus shedding 15,000 jobs, mostly in Europe

    “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.

  • In pics | The story of A380, the superjumbo everyone loved Jun 19, 2020 04:37 PM IST

    In pics | The story of A380, the superjumbo everyone loved

    Though popular, Airbus could never make money on this $25 billion project

  • COVID-19 has done to the aerospace industry what 9/11 and 2008 meltdown couldn't, says this Indian supplier to Boeing, Airbus Jun 09, 2020 02:53 PM IST

    COVID-19 has done to the aerospace industry what 9/11 and 2008 meltdown couldn't, says this Indian supplier to Boeing, Airbus

    The disruption has forced Aequs, which manufactures components for Airbus and Boeing, to cut production by up to 40 percent

  • Airbus picks India chief to head Asia-Pacific operations Jun 05, 2020 10:40 AM IST

    Airbus picks India chief to head Asia-Pacific operations

    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.

  • Airbus to be 'resized,' could cut output again: Sources May 15, 2020 09:51 AM IST

    Airbus to be 'resized,' could cut output again: Sources

    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.

  • Airbus must be 'resized' to tackle crisis, bosses told: Sources May 14, 2020 09:20 PM IST

    Airbus must be 'resized' to tackle crisis, bosses told: Sources

    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.

  • Airbus says virus aviation crisis still at 'early stage' Apr 29, 2020 12:50 PM IST

    Airbus says virus aviation crisis still at 'early stage'

    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.

  • AirAsia will not take jet deliveries this year, re-looking at Airbus order book Apr 29, 2020 11:38 AM IST

    AirAsia will not take jet deliveries this year, re-looking at Airbus order book

    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.

  • Airbus puts six jets made for AirAsia up for sale as crisis deepens Apr 21, 2020 07:53 AM IST

    Airbus puts six jets made for AirAsia up for sale as crisis deepens

    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.

  • Airbus to suspend production in France and Spain Mar 17, 2020 02:18 PM IST

    Airbus to suspend production in France and Spain

    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.

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