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NEW YORK, Sept 11, 2023 (AFP) – RTX, parent company of aerospace manufacturer Pratt & Whitney, said Monday that its profit could take a hit of up to $3.5 billion over the removal of hundreds of engines powering Airbus A320neo jets as it conducts quality checks. The aviation and defense giant RTX, formerly known as Raytheon, added in a statement that about 600 to 700 engines will be removed for inspection over three years. The […]
LE BOURGET, France, June 19, 2023 (AFP) – Indian low-cost carrier IndiGo said Monday it had ordered a 500 A320 airliners from European manufacturer Airbus at the Paris Air Show in the largest ever civil aviation deal. Here is a list of major orders by size: 2023 On the first day of the Paris Air Show IndiGo places a “historic” order of 500 A320 family aircraft. The order is worth $55 billion at list prices […]
by Heather SCOTT and Ben SIMON in Geneva WASHINGTON, United States (AFP) — Hours after getting the green light from the World Trade Organization, Washington moved Wednesday to retaliate against the EU over illegal subsidies for Airbus, announcing tariffs on $7.5 billion (6.8 billion euros) worth of European goods starting October 18. The ruling is the largest arbitration award in WTO history and a landmark moment in the longstanding Airbus-Boeing battle, which threatens to intensify […]
by Joseph Schmid Agence France Presse PARIS, France (AFP) — European aerospace giant Airbus said Thursday that it would stop building its A380 superjumbo, the double-decker jet which earned plaudits from passengers but failed to win over enough airlines to justify its massive costs. The final two double-deckers will be delivered in 2021, just 14 years after the first A380 went into service, after the Dubai-based Emirates decided to reduce its total orders by 39 […]
by Joseph Schmid Agence France Presse PARIS, France (AFP) — European aerospace giant Airbus said Thursday that it would stop building its A380 superjumbo, the double-decker jet which earned plaudits from passengers but failed to win over enough airlines to justify its massive costs. The final two double-deckers will be delivered in 2021, just 14 years after the first A380 went into service, after the Dubai-based Emirates decided to reduce its total orders by 39 […]
NEW YORK, United States (AFP) — An Airbus jetliner arrived in Newark on Friday after a nearly 18-hour trip from Singapore, completing the world’s longest commercial flight. It marked the revival of a route that had been eliminated in 2013. Singapore Airlines Flight SQ22 arrived at 5:29 am (0929 GMT), the Newark Liberty International Airport website said. That made for a flight of 17 hours and 52 minutes. The flight had been scheduled […]
NEW YORK, United States (AFP)–Airbus announced Tuesday a deal to sell US airline JetBlue 60 airplanes that were formerly part of Canadian manufacturer Bombardier’s C series. It was the first contract since the aircraft were rechristened by the European aerospace giant as the A220-300, which can carry between 100 and 150 passengers. Airbus signed a memorandum of understanding with US carrier JetBlue for a contract worth about $5.4 billion based on list prices, the company […]
by Michelle FITZPATRICK Agence France-Presse FRANKFURT AM MAIN, Germany (AFP) — European aircraft manufacturer Airbus on Friday said it had agreed to pay a fine of 81.25 million euros ($99 million) to end a German corruption probe into the 2003 sale of Eurofighter jets to Austria. Prosecutors in Munich said in a statement that their investigation did not find evidence of bribery to secure the lucrative contract. But they said Airbus management had failed in […]
PARIS, France (AFP) — Airbus will take a majority stake in Bombardier’s marquee C-Series airliner program, the companies announced Monday, as the Canadian firm battled against a stiff tariff ruling in the US. The landmark agreement comes after the US administration slapped a 220 percent countervailing duty, as well as an 80 percent anti-dumping tax, on Bombardier CS100 and CS300 aircraft imported into the United States. Boeing accuses Bombardier of manufacturing its 100-150 seat planes […]
by Jürgen HECKER Agence France-Presse PARIS, France (AFP) — The aircraft industry descends on Paris for the world’s biggest airshow Monday, which sees bitter rivals Boeing and Airbus battle for contracts as newcomers snap at the heels of the two giants. Single-aisle planes for short and medium distances are the hottest ticket in the world’s civil aviation industry, with airline demand for models in the Airbus A320 family giving the European company an edge, for […]
TOKYO, Japan (AFP) — Japanese low-cost carrier Peach Aviation said Friday it would buy 13 Airbus aircraft valued at almost $1.4 billion as part of its expansion plans to cash in on a pick-up in demand for air travel in the country. Peach, an affiliate of major Japanese carrier All Nippon Airways (ANA), agreed to buy 10 fuel-efficient A320neos and three conventional A320ceos, it said in a statement. The new aircraft are to be used […]
SINGAPORE (AFP) — European plane-maker Airbus said Wednesday it had won a $1.85 billion deal for the purchase of six A350-900s by Philippine Airlines (PAL), flag-carrier of one of Asia’s fastest growing economies. PAL also has the option to purchase an additional six of the aircraft, the two companies announced at the Singapore Airshow. Separately, PAL also signed a $600-million order with Rolls-Royce for Trent XWB engines to power the six A350s, the airline said […]
