Airbus offers subsidy concession to end U.S. tariffs
Europe’s Airbus said on Friday it would increase loan repayments to France and Spain in a “final” bid to reverse… Read More »
Airbus offers a concession to get out of costly trade dispute with US
Aircraft maker says it will now start paying higher interest on loans extended by states The longer running dispute between… Read More »
Airbus first-half deliveries hit 16-year low despite June bounce
Airbus (AIR.PA) deliveries rose 50% in June compared with May and reached their highest level since the coronavirus crisis spread… Read More »
United Airlines could lay off as many as 36,000 employees
Job cuts would account for close to 38% of United’s total headcount File: A United Airlines Boeing 787 taxis as… Read More »
Airbus to cut 15,000 jobs to survive coronavirus crisis
Airbus is cutting 15,000 jobs within a year, including 900 already earmarked in Germany, saying its future is at stake… Read More »
France announces $16.9 billion in aid for aviation industry
France’s government is pumping 15 billion euros ($16.9 billion) in rescue money into the pandemic-battered aerospace industry, in hopes of… Read More »
Mitsubishi’s Bombardier deal soured by SpaceJet cutbacks
Mitsubishi Heavy Industries marks a milestone in its aviation ambitions on Monday by integrating the commercial jet business of Canada’s… Read More »
Bombardier exits commercial jet sector with closure of $550-million CRJ deal
Bombardier Inc. has completed the sale of its regional jet business to Mitsubishi Heavy Industries Ltd. for US$550 million, cementing… Read More »