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The Latest Breaking News from Christian Scherer

Airbus First-half Profit Climbs 85% To $1.7 Bn

European aerospace group Airbus posted an 85-percent rise in first-half profit Wednesday to $1.7 billion, even though it delivered fewer commercial planes compared with the same period last year.

International Business Times

Airbus pledges higher dividends as it confirms financial guidance

The pan-European aerospace firm said it would increase shareholder returns and leave its 2025 financial targets unchanged in an attempt to reassure investors.

Euronews

Paris Air Show kicks off against backdrop of global geopolitical tension

War, tariffs and the Air India crash will cast a shadow over the Paris Air Show as the aerospace industry's biggest annual gathering opens on Monday.

Radio France Internationale

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War, Trade And Air India Crash Cast Cloud Over Paris Air Show

War, tariffs and the Air India crash will cast a shadow over the Paris Air Show as the aerospace industry's biggest annual gathering opens on Monday.

International Business Times

Boeing production in 2024 expected to be less than half of rival Airbus

US planemaker may have delivered 340 aircraft compared with 766 of European group, analysis suggests

The Guardian - UK

Airbus Boosts Plane Deliveries In 2024

European plane maker Airbus said Thursday it increased aircraft deliveries to 766 as the company still struggles to return to pre-pandemic production levels.

International Business Times

Top pilots’ union sounds alarm as regulators consider smaller crew sizes

Firms accused of putting profits over safety as EU group weighs cutting minimum number of pilots from two to one

The Guardian - US

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Airbus And Boeing Supremacy Secure Despite Turbulence

Boeing's safety troubles and the Airbus scramble to ramp up production should have left a gap for smaller rivals to challenge their dominatiion of the commercial airliner market.

International Business Times

Airbus is slashing costs and halting hiring after a potential bounce back from Boeing and tough Chinese competition on the cards

Airbus will now "concentrate our efforts on the fundamentals" as rising costs, supply chain snarls and competition catch up with it.

Fortune

Airbus Posts 11 Percent Profit Drop For 2023

European aviation giant Airbus on Thursday posted an 11 percent drop in net profit to 3.8 billion euros ($4.1 billion) in 2023, with past charges for its space business cutting into earnings.

International Business Times

Airlines Learn Patience In Constrained Airbus-Boeing Duopoly

With the latest Boeing crisis, airlines are staring down more delays, a familiar problem in a market in which both the US giant and rival Airbus face supply chain constraints.

International Business Times

Airbus Says Record 2,094 Planes Ordered In 2023, 735 Delivered

European planemaker Airbus said Thursday that it secured 2,094 net plane orders last year, a record for the group as airlines prepare for further global passenger growth and seek out more fuel-efficient planes.

International Business Times

Turkish Airlines Makes Huge Airbus Order In Bid For Air Supremacy

Turkish Airlines said on Friday it has decided to purchase more than 200 Airbus aircraft -- with the option for over 100 more -- in the coming decade as it seeks to become the world's largest carrier.

International Business Times

Turkish Airlines Makes Huge Airbus Order In Bid For Air Dominance

International Business Times

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Birmingham Post

Airbus secures biggest plane order in the history of commercial aviation

IndiGo has placed an order for 500 A320 Family aircraft in a big boost for Airbus Broughton

The Independent UK

Airbus wins mammoth order for 500 jets from India's IndiGo at Paris Air Show

India’s IndiGo airline is buying 500 passenger jets from European planemaker Airbus

The Hindu

IndiGo announces 500 Airbus narrowbody plane order

Budget carrier IndiGo on June 19 announced a firm order of 500 Airbus A320 family, the largest-ever single aircraft purchase by any airline with the French aerospace manufacturer.

Tribune News Service

Year-end surge boosts Boeing, but Airbus still No. 1 in 2022

Following three miserable years of contraction in Boeing’s commercial airplane business, the company in 2022 took substantial steps toward a recovery, reflected in Tuesday’s release of its final jet order and delivery figures.

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Radio France Internationale

Airbus agrees deal to make transport planes for Indian military

French planemaker Airbus is to produce C295 transport aircraft in collaboration with India’s Tata group. Indian military aviation so far has been strictly off limits to local private firms.

Dynamite News

Gujarat: "Reimagining The Way We Do Business In India..."Airbus CCO, Christian Scherer

Airbus shares a long-standing relationship of collaboration and symbiotic growth with India. Read on for details:

The Hindu

Air India reorganising itself under Tatas; won’t comment on A350 aircraft order: Airbus CCO

It was reported last week that the Tata Group-owned Air India has decided to procure its maiden batch of wide-bodied A350 aircraft from Airbus

Radio France Internationale

Qantas bets on Europe's Airbus for world's longest direct flights

Australia's Qantas Airways will fly non-stop from Sydney to London after ordering a dozen special A350-1000 Airbus jets, betting that fliers will pay a premium to save four hours on the popular route as travel rebounds after the Covid pandemic.

Birmingham Post

Qantas confirms Airbus order to pave way for direct flights from Sydney to New York and London

Australian airline will order 12 A350-1000s, 20 A220s and 20 A321XLRs and order will boost Airbus Broughton in North Wales

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